The Colombian peso depreciates sharply against the dollar, hitting a high of $4,150 amid market uncertainty and upcoming fiscal policy announcements by the Petro government.
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Colombians are emigrating in record numbers, some 1,200 every day
The numbers of Colombians who are leaving the country to never return has reached historiic levels, with some 1,200 every day according to the country’s migration entity.
Colombian economy posts modest 0.7% growth in Q1 2024, lowest in four years
Colombia’s economy grows 0.7% in Q1 2024, the slowest in four years, amid market uncertainty under President Gustavo Petro’s administration.
ICC Americas Summit galvanizes global business leaders toward economic growth
Business leaders from over 35 nations gather at the inaugural Americas Summit of the World Federation of Chambers (ICC) in Bogotá, forging partnerships and exploring opportunities for economic growth and collaboration across the region.
Bogotá faces water crisis as San Rafael Reservoir runs dry
Bogotá on the brink: Water shortage emergency declared as San Rafael Reservoir levels plummet to lowest in 40 years. Citywide water rationing starts Thursday, April 11 in 10 localities.
Colombia’s near-stagnant GDP in 2023 warns of “technical recession”
Colombia’s GDP stagnates at 0.6% in 2023, casting doubt on President Petro’s economic policies and raising concerns for the nation’s financial future.
S&P Global assigns a “negative” outlook to Colombia in 2024
Standard & Poor’s warns of a potential downgrade for Colombia’s credit rating in 2024, citing a negative outlook amid economic challenges, including exports, and weak investor confidence.
Galán charts ambitious course for Bogotá during inaugural address
Carlos Fernando Galán unveiled his ambitious vision for Bogotá, prioritizing security, mobility, and economic resilience during his inaugural address on Monday Colombian capital’s new Mayor.
Colombia’s leftist government is not what Washington expected
The presidency of Colombia’s Gustavo Petro is a case study in the contradictions inherent to this new wave of leftists who dominate Latin America’s political landscape.
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 at risk of losing Emerging Market status warns JP Morgan
Colombia’s Emerging Market status is at risk as JPMorgan warns of “uncertain political landscape”, triggering a major stock market sell-off. The downturn comes as President Petro faces another deep political scandal involving alleged election interference by convicted drug traffickers.
Guardian of the quake: Kit Miyamoto’s quest for urban resilience
In the seismic shadow of history’s catastrophic tremors, Kit Miyamoto’s mission stands firm: fortifying cities worldwide against the impending earthquake era.
Colombia names Eight towns to WTO’s “Best Rural Tourism 2023”
Colombia has entered eight municipalities in “Best Villages for Rural Tourism 2023″ of the UN’s World Travel Organization (WTO). The villages were selected for their sustainable, community-based tourism offerings.
Dónde quedó la austeridad en Colombia?
Opinión: Es imposible que el presidente Gustavo Petro sea y aparezca como líder de la transparencia, del deber ser del gobierno y, menos aún, de la austeridad.
Colombia warns against irregular migration as Title 42 ends
With the end of the Trump-era immigration policy Title 42, the Colombian Government is warning citizens of the consequences of crossing the southwest border of the U.S illegally.
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.