BREAKING NEWS

Colombia's president replaces FM in surprise move

By REUTERS

AUGUST 24, 2012 01:04

BOGOTA - Colombian President Juan Manuel Santos replaced his finance minister on Wednesday in a surprise move and will name current Energy Minister Mauricio Cardenas to take over running Latin America's fourth-largest economy.

Outgoing Finance Minister Juan Carlos Echeverry will be nominated for a top role in the International Monetary Fund, Santos said.

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