The first and most tangible challenge is that Uribe – with popularity ratings of more than 90% following the rescue of 15 high-profile hostages, including former presidential candidate Ingrid Betancourt, in early July – will be more tempted to run for a third term. This would not be catastrophic per se, but amending the constitution again to favor one of the players would undermine the country’s relatively deep political institutionalization – one of the factors that has helped attract foreign investors.