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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.
Colombia’s artisans return to Expoartesanías with edition 31
Edition 31 of Expoartesanías opens in Bogotá on December 7 with artisans representing Colombia’s 32 departments and 18 countries in the international pavilion.
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.
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.
Bogotá launches ‘Men in Care’ schools to build more just society
The district has launched a program to help men become “agents of change” within their homes by taking on more domestic chores and responsibilities.
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.
Colombia issues Bicentenary commemorative $10,000 coin
Colombia’s Central Bank has issued a commemorative $10,000 pesos coin based on an old mint that circulated during the Independence.
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.
President Duque orders military to clear illegal road blockades
Left-wing Senator Gustavo Petro calls the Colombian Government a “dictatorship” and warns of “coup” after President Duque orders lifting of all road blockades.
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.
Colombia protests marred by violence and 490 COVID-19 deaths
Colombia’s southwestern city Cali is under military curfew after extensive rioting with Paro Nacional. Bogotá protests overshadowed by random acts of vandalism.
Avianca CFO Adrian Neuhauser named airline’s next CEO
After two years as CEO of Avianca Holdings Anko van der Werff leaves the airline to be replaced at the helm by the company’s CFO Adrian Neuhauser.
Colombian economy to grow 4.9% despite risks of ongoing pandemic
Colombia’s economic recovery for 2021 is close to the global average claims the World Bank despite growing income inequality and a vulnerable labor force.