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Could peace talks help Colombia become a new tiger economy? Paul Moss reports from Bogota.

And, is Indonesia putting at risk foreign investment flows, by growing protectionism? Karishma Vaswani reports from Jakarta.

Plus, Nobel prize-winning economist Paul Krugman has argued that austerity policies are 'fundamentally mad' at a debate in London. On the other side, economist Bridget Rosewell of Volterra Partners suggested that cuts in public services and tax rises can succeed in reducing a crushing deficit in public finances.

(Image: Lighted candles in the shape of the word 'Paz' meaning 'peace', Credit: Getty Images)