After the controversial report by FAO ranking Colombia as a “hunger hotspot,” the nation’s food banks claim the hunger situation is “critical.”
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Colombia adds 4.7 M jobs, women most impacted by unemployment
Despite encouraging perspectives for economic growth in 2022, Colombia’s unemployment remains among the highest in the region, with women most affected.
Pacific Alliance: Cultural industries a pillar of economic integration
Among the many agreements reached during the meeting of Pacific Alliance nations is economic integration of cultural industries.
Colombia’s peso under pressure with inflation, global uncertainty
Global currencies are under pressure with rising inflation, supply-chain disruptions and fears of an energy crisis should Russia invade Ukraine.
Colombia enters age of wind power in La Guajira
With 10 Vesta turbines, Colombia’s Iván Duque inaugurated a state-of-the-art wind farm in the department of La Guajira.
Santa Marta, Colombia’s most expensive city for cost of living
The consumer price index for December 2021 was highest in the coastal city of Santa Marta, almost double the national average.
Canada’s Providence inks MoU to produce COVID vaccines in Colombia
Canadian biotech company Providence has signed a memorandum with the Colombian Government to manufacture COVID-19 vaccines with partner VaxThera.
Avianca flies out of Chapter 11 with streamlined business model
Colombia’s flagship Avianca has left Chapter 11 with a streamlined business model that competes with low-cost carriers and over U.S$1 billion in liquidity.
Michelin-starred chefs showcase second Bogotá Madrid Fusión
As chefs emerge from lockdowns, Madrid Fusión returns to Bogotá with a cast of Michelin-starred chefs.
Colombia’s coffee prices spike with low production and delivery shortages
Bad weather in Colombia is contributing to production shortages of the country’s Arabica bean. Coffee prices spiking globally with supply disruptions.
Colombia signs memorandum with U.S biotech INOVIO for COVID-19 vaccines
The Colombian Government signed a memorandum of understanding with the U.S biotech company INOVIO to produce COVID-19 vaccines in the country.
Moody’s maintains Colombia’s credit grade based on economic recovery
Global risk management firm Moody’s maintained Colombia’s stable investment grade, months after Fitch and Standard and Poor’s degraded the country to junk status.
Avianca turns page on Chapter 11 with route expansion
On the eve of its Chapter 11 bankruptcy hearing, Colombia’s flagship Avianca announced 23 new international routes and return to many South American destinations.
Colombia approves dry medicinal cannabis exports with new legislation
The Clever Leaves plantation was the venue for a government decree that authorizes exports and sales of dry medicinal cannabis to global health entities.
Colombia loses investment grade from S&P as students lead protests
As students protagonized many of the marches in Bogotá during a national strike that entered its fourth week, S&P ranked Colombia as sub-investment grade.
Pandemic pushes 3.6 million Colombians into poverty
Among the many devastating effects of coronavirus are the numbers of persons forced into poverty, including 3.6 million Colombians during the first year of the pandemic.