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Former guerrilla leaders and peace activists attend an event marking one year since the signing of Colombia's peace accord with rebels Revolutionary Armed Forces of Colombia, FARC, at Colon theater in Bogota, Colombia, Friday, Nov. 24, 2017. Photo: Ricardo Mazalan / AP.

Colombians remain divided over the year-old peace deal that ended a 50-year long war in the country, and the country's political elite faces a profound crisis of legitimacy. Graft scandals have hit every branch of the government over the past year, and corruption now eclipses security as a top concern for voters. More than 80 percent of Colombians say they have a negative view of all political parties.

Why it matters: There is an important connection between the problem of corruption and the prospects for peace. Making peace agreements stick is never easy—just ask former-Yugoslavians, Rwandans, or Salvadorans, for starters. In an increasingly polarized society, a government that lacks trust and legitimacy will have an especially difficult time providing the public goods that are indispensable to anchor peace and prosperity. Whether that dynamic changes after next March's presidential election is the critical question for Colombia today.

Go deeper: Watch my video explainer on the situation in Colombia recorded on location in Bogota — with a bonus orthographic lesson.

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Go deeper

Dion Rabouin, author of Markets
Updated 3 hours ago - Economy & Business

Our make-believe economy is here to stay

Illustration: Eniola Odetunde/Axios

The Federal Reserve and global central banks are remaking the world's economy in an effort to save it, but have created something of a monster.

Why it matters: The Fed-driven economy relies on the creation of trillions of dollars — literally out of thin air — that are used to purchase bonds and push money into a pandemic-ravaged economy that has long been dependent on free cash and is only growing more addicted.

Mike Allen, author of AM
4 hours ago - Politics & Policy

Why Trump may still fire Barr

Photo: Jabin Botsford/The Washington Post via Getty Images

Attorney General Barr may be fired or resign, as President Trump seethes about Barr's statement this week that no widespread voter fraud has been found.

Behind the scenes: A source familiar with the president's thinking tells Axios that Trump remains frustrated with what he sees as the lack of a vigorous investigation into his election conspiracy theories.

Mike Allen, author of AM
4 hours ago - World

Scoop: Trump's spy chief plans dire China warning

Xi Jinping reviews troops during a military parade in Beijing last year. Photo: Thomas Peter/Reuters

Director of National Intelligence John Ratcliffe on Thursday will publicly warn that China's threat to the U.S. is a defining issue of our time, a senior administration official tells Axios.

Why it matters: It's exceedingly rare for the head of the U.S. intelligence community to make public accusations about a rival power.

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