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.
A decision by the Colombian government for all airlines to hand-over financial statements, as well as delays by the Civil Aeronautics Administration to approve the Avianca-Viva merger signals intervention in the aviation sector.
After Cartagena and Santa Marta made the World’s 50 Most Dangerous Cities list, Colombia’s Petro warned of deep social inequalities that exist within the tourism sector.
According to a study released by CERAC, in 2022, more than half-a-million Colombians emigrated overseas and a situation not witnessed since 1998.
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.
Colombia’s Gustavo Petro has faced steady opposition to his economic reforms during his first 100 days in office. On Monday, peace talks resume with the ELN guerrilla.
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’s currency woes don’t seem to be easing despite reassuring words from Finance Minister José Antonio Ocampo to calm markets.
Colombian President Gustavo Petro’s affirmation that the “US ruins world economies” was met with a swift rebuttle from the US government officials.
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.
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%.
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.
President Gustavo Petro met his political adversary, Álvaro Uribe Vélez, for a second time since taking office. The meeting was accompanied by right-wing legislators and Minister of Interior Alfonso Prada.
As Colombian President Gustavo Petro presided over the re-opening of the land border with Venezuela, anti-government protests marched through the country’s largest cities.
Colombia’s Gustavo Petro and Venezuela’s Nicolás Maduro are expected to meet on Monday, September 26 to formalize the reopening of the international border.
President Petro will give his first address to the UN General Assembly facing growing protests at home over illegal land occupation and economic uncertainty.