Colombia’s Avianca named the world’s most punctual airline of 2023 by Cirium, marking a recovery from challenges amid dynamic shifts in the global aviation landscape and Chapter 11.
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Colombia’s GDP in negative territory, recession looms for 2024
Colombia faces economic turbulence as the Gross Domestic Product (GDP) takes a nosedive into negative territory during the third quarter of 2023.
Colombia’s Ecopetrol anticipates production rise in 2023 as profits dive
Colombia’s Ecopetrol anticipates a boost in oil production for 2023 despite a sharp drop of near 47% in net profits. The energy giant is looking to diversify its alternative, low-emissions portfolio.
Colombia’s Banco de la República celebrates a century’s commitment to culture
Colombia’s central bank, Banco de la República, is celebrating its centenary with an extensive cultural agenda and benefactor of many of the nation’s most prestigious cultural landmarks, museums and public libraries.
Café SOCA releases specialty coffees as tribute to Huila’s women harvesters
The launch of two limited edition coffees that tribute the hard work of women in the coffee plantations of Huila is the latest venture of Café Soca.
The end of Colombia’s Dijon age
France’s Dijon mustard has disappeared from supermarket shelves across Colombia after a resolution by the Ministry of Health to limit the sale of “ultra-processed” foods.
Colombia in “aviation emergency” after collapse of low-cost airlines
The collapse this week of low-cost Ultra Air, and grounding of VIVA on February 27 has plunged Colombia’s aviation sector in turmoil. President Petro has ordered the Air Force to move stranded passengers.
Colombia’s Petro to meet Maduro again as PDVSA scandal widens
President Gustavo Petro’s fourth visit to Venezuela to meet his counterpart Nicolás Maduro comes as the neighboring country is engulfed in a widening corruption scandal with the state-owned PDVSA.
Why central banks face an epic battle against inflation amid political obstacles
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
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
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
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
Colombia’s currency woes don’t seem to be easing despite reassuring words from Finance Minister José Antonio Ocampo to calm markets.
Among the sugarcane cutters of Valle del Cauca
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
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
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.