Has Petro petered out?

Colombian President Gustavo Petro gestures after casting his vote during the elections for governors, regional lawmakers and mayors, in Bogota, Colombia October 29, 2023
Colombian President Gustavo Petro gestures after casting his vote during the elections for governors, regional lawmakers and mayors, in Bogota, Colombia October 29, 2023
REUTERS/Vannessa Jimenez

President Gustavo Petro saw his allies lose elections across Colombia’s largest cities this weekend in what is widely viewed as a rebuke to the government and its reform agenda.

Petro, Colombia’s first left-wing leader, promised transformational change, but he has struggled to deliver. His frustration is tangible: When centrist Cabinet ministers opposed a controversial health care reform in April, the impasse broke apart his coalition, and Petro fired a third of his Cabinet, appointing ideological allies instead. He attempted to govern by emergency decree in La Guajira department, only to be stymied by the constitutional court, while his congressional priorities have slowed to a crawl. To make matters worse, his administration has been embroiled in separate corruption and wiretapping scandals.

Voters haven’t had it any easier. Colombia’s economy grew by 7.3% in 2022 but is expected to grow by just 1.7% in 2023, straining families in one of the world’s most unequal economies.

The weekend’s contests saw no widespread violence or irregularities, but voters are clearly displeased. The candidate Petro endorsed for mayor of the capital, Bogotá, often considered the country’s second most prominent political office, came in third, and Medellín and Cali elected some of Petro’s fiercest critics.

Petro himself can’t run for office again in 2026, and Eurasia Group’s Colombia expert Maria-Luisa Puig says the results portend ill for his chances of positioning a candidate to carry on his political legacy — but he’s not quite a lame duck.

“Despite the defeat at the local level,” she notes, “Petro can still secure enough votes in congress to advance aspects of his reform agenda,” which may allow for watered-down versions of his pension and health care programs to pass.

More from GZERO Media

Earlier this month, Microsoft released the 2025 TechSpark Impact Report, which highlights how the company is assisting regions across the US in achieving these goals. Since its launch, TechSpark has obtained over $700 million in community funding, supported more than 65,000 people in developing digital skills, and, thanks to the work of TechSpark Fellows, catalyzed $249M+ in funding and upskilled 34,600 individuals across 46 communities — highlighting the ripple effect of local leadership and innovation. Learn more about this progress in the 2025 report here.

People walk past a jewelry store in the Diamond District of Manhattan, New York City, USA, on August 6, 2025.
Jimin Kim / SOPA Images via Reuters Connect

GZERO spoke to Eurasia Group’s Commodities Director Tim Puko to better understand why the diamond industry has tanked, and the consequences of this for geopolitics.

- YouTube

In Ask Ian, Ian Bremmer notes that US–China relations are once again on edge. After Washington expanded export controls on Chinese tech firms, Beijing struck back with new limits on critical minerals. President Trump responded by threatening 100% tariffs, then quickly walked them back.

In this episode of The Ripple Effect: Investing in Life Sciences, host Dan Riskin speaks with Patrick Horber, President of Novartis International, and David Gluckman, Vice Chairman of Investment Banking and Global Head of Healthcare at Lazard. Together, they break down the outsized economic impact of life science innovation, from trillions in US bioscience output to China’s meteoric rise as a global R&D hub.

RPG-7 training of Ukrainian soldiers. November 17, 2024.
  • Adrien Vautier via Reuters Connect

People from different cultures often approach the same problem in different ways. We wondered — would an AI trained and tuned in China approach a complex geopolitical challenge differently than a model created and trained in Europe, or in the United States?

French President Emmanuel Macron speaks to the members of the media, after arriving by plane to attend the Gaza Peace Summit, in Sharm el-Sheikh, Egypt, October 13, 2025.
Yoan Valat/Pool via REUTERS

2: French President Emmanuel Macron rejected calls to resign as his fragile government faces two no-confidence votes this week.