Latest News

Why central banks face an epic battle against inflation amid political obstacles

By The Conversation - January 5, 2023

Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic, Russia’s invasion of Ukraine in February ramped up inflation.

The story behind Colombia’s most expensive Coffee

By María Claudia Peña - December 15, 2022

Have you ever wondered what the best and most expensive Colombian coffee tastes like? Well, Domingo Torres, a former miner and Tsunami survivor has cultivated the best variety in the country.

WebCongress in Colombia: Interview with CEO Ouali Benmeziane

By Richard Emblin - November 8, 2022

Ouali Benzemaine is the CEO of WebCongress, a global education platform that brings together experts from the technology sector, business leaders and entrepreneurs. Their 2022 Congress will be held in Bogotá.

Petro to present “decalogue of proposals” at COP27 in Egypt

By Richard Emblin - November 7, 2022

Colombia’s Petro has pledged to present a “decalogue of proposals” to help combat climate change at the start of the UN’s COP27 in Egypt.

Colombia in “perfect storm” affirms JP Morgan

By Richard Emblin - October 24, 2022

Colombia’s currency woes don’t seem to be easing despite reassuring words from Finance Minister José Antonio Ocampo to calm markets.

The sugar cane industry employs migrant workers known as 'corteros'.

Among the sugarcane cutters of Valle del Cauca

By The City Paper Staff - October 23, 2022

The sugar mills of Valle del Cauca employ up to 12,000 cane cutters. The work inspired photographer Sergio Bartelsman.

Petro’s claim US “ruins world economies” gets response

By Richard Emblin - October 20, 2022

Colombian President Gustavo Petro’s affirmation that the “US ruins world economies” was met with a swift rebuttle from the US government officials.

Colombian peso surpasses $4,800 to US dollar

By The City Paper Staff - October 19, 2022

The Colombian peso continues to devaluate at a historic rate, setting off the alarm bells among investors that the economy is in peril of entering recession.

IMF cuts Colombia’s GDP forecast for 2023

By The City Paper Staff - October 13, 2022

Colombia faces a major downturn in 2023 with GDP growth noted the International Monetary Fund, and deceleration to 2.2% from this year’s 7.6%.

Colombian peso slides after Petro questions monetary policy

By The City Paper Staff - October 7, 2022

President Petro’s questioning of the reasons behind the Central Bank’s interest hikes and proposed tax on capital outflows once again devalued the Colombian peso to the USD.

Petro’s first UN address comes amid growing economic uncertainty

By The City Paper Staff - September 19, 2022

President Petro will give his first address to the UN General Assembly facing growing protests at home over illegal land occupation and economic uncertainty.

Low water levels near the Guatape hydroelectric plan

Is Colombia on the brink of an energy crisis?

By Richard Emblin - September 14, 2022

Heated debates in Congress over Colombia’s energy future and government intervention in the oil and gas sector has raised the spectre of a looming crisis.

Elon Musk’s Starlink to operate satellite internet in Colombia

By The City Paper Staff - August 10, 2022

Colombia’s MINTIC has granted Elon Musk’s Starlink permission to operate satellite internet in the country and service that will bridge the digital divide in remote regions.

Opinion: The war Colombia cannot afford to lose

By Jorge Ortiz - July 21, 2022

Colombia offers few incentives for graduates to remain in their country and contribute to economic growth and development. The so-called brain drain could worsen with greater taxation in planned reforms.

Colombia’s largest airlines ready to resume Venezuela flights

By Richard Emblin - July 13, 2022

Colombia’s flagship Avianca and LATAM have asked Colombia’s Civil Aeronautics to authorize daily flights between Bogotá and Caracas.

Bogotá Audiovisual Market 2022 returns with a BAM

By Timothy Langham - July 12, 2022

One of the largest content markets in Latin America for the audiovisual and film making sectors, BAM, returns to the Colombian capital with a virtual and physical 13th edition.