Latest News

Colombia on Guard as ‘Super’ El Niño Threatens Record Heat, Drought and Food Security

By The City Paper Staff -

A potentially historic El Niño climate event is emerging as one of the defining stories for Colombia through the remainder of 2026, with authorities warning that extreme heat, drought, water shortages and energy pressures could push vulnerable regions toward crisis conditions. Climate agencies, environmental authorities and agricultural groups are increasingly sounding alarms over what some […]

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Bogotá Fashion Week Strengthens International Push for Colombia’s Designers

By Richard Emblin -

Under a mirage of glowing escalators inside Bogotá’s Ágora Convention Center, the catwalks of Bogotá Fashion Week opened Tuesday with more than fabrics and silhouettes on display. Behind the runway lights lies a larger ambition: to turn Colombia’s capital into a regional fashion export hub and bring designers from Bogotá’s workshops and popular commercial districts […]

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Petro severs ties with Central Bank after Colombia rate rise

By The City Paper Staff -

President Gustavo Petro has triggered a rare institutional confrontation with the Central Bank  after he ordered to “break relations” following an modest interest rate increase, raising concerns over economic policy independence just two months before the May 31 presidential election. The board of Banco de la República voted on March 31 to raise its benchmark […]

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Colombia’s Petro Defies Court Suspension of Minimum Wage Hike

By The City Paper Staff -

Colombian President Gustavo Petro on Sunday mounted a forceful defence of his government’s 23.7% minimum wage increase for 2026, pledging to issue a temporary decree to keep the so-called “vital wage” in place after the Council of State provisionally suspended the original measure. Speaking in a televised address on Feb. 15, Petro said that while […]

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Federal Jury Awards Drummond $256 Million in Colombia Defamation Case

By The City Paper Staff -

A federal jury in the United States has awarded coal producer Drummond Company Inc. $256 million after finding that a prominent human-rights attorney and his associates orchestrated a campaign of false accusations linking the company to paramilitary violence in Colombia. The verdict, delivered on January 15 in the U.S. District Court for the Northern District […]

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Colombia’s 23.7% Minimum Wage Hike, Stirs Inflation and Informality Fears

By The City Paper Staff -

Colombian President Gustavo Petro on Monday decreed a 23.7% increase in the country’s minimum wage for 2026, the largest real rise in at least two decades, bypassing negotiations with unions and business groups and sparking warnings from economists, bankers and employers over inflation, job losses and rising informality. The decree lifts the monthly minimum wage […]

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Colombian Politicians React to Trump’s Tariff Threat and Aid Suspension

By Richard Emblin -

U.S President Donald Trump triggered a political firestorm in Colombia after announcing on his social media platform – Truth Social – the immediate suspension of all financial aid and imposition of punitive tariffs on Colombian exports. The decision came after he branded President Gustavo Petro an “illegal drug leader.” Trump’s extraordinary statements mark one of […]

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Trump Calls Colombia’s Petro an “Illegal Drug Leader,” Halts U.S. Aid

By The City Paper Staff -

In an extraordinary escalation that threatens to end decades of strategic partnership, U.S. President Donald J. Trump on Sunday labeled Colombian President Gustavo Petro an “illegal drug leader” and announced the immediate suspension of U.S. financial aid to Colombia. Speaking from his Mar-a-Lago resort in Florida and posting on his Truth Social platform, Trump accused […]

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IMF Suspends Colombia’s $9.8bn Credit Line over fiscal concerns

By The City Paper Staff -

The IMF has suspended Colombia’s $9.8bn credit line, citing rising public debt and fiscal risk. President Petro responded with a personal attack on IMF chief Kristalina Georgieva, sparking political backlash. Analysts warn the move could hurt investor confidence and raise borrowing costs amid global financial uncertainty.

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Colombia’s business sector gloomy of economic outlook under Petro

By Richard Emblin -

Over 60% of Colombian business owners are contemplating relocating abroad due to economic instability under President Gustavo Petro, a Fenalco survey reveals. High interest rates, rising inflation, and security concerns have worsened the business climate, with leaders urging clearer economic policies for recovery.

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Colombia impacted by nationwide transport strike over diesel price hike

By The City Paper Staff -

A nationwide transport strike in Colombia has paralyzed key routes and stranded travelers, following the government’s sudden diesel price hike. Major disruptions hit Bogotá and four departments, with blockades and protests escalating. Transport Minister María Constanza García called for emergency talks amid rising concerns over food distribution and mobility.

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