Thursday, March 26, 2026

Latest News

Candice Fast on the Hidden Beliefs That Shape Workplace Performance

By Richard Emblin -

As Latin American companies confront slowing growth, talent churn and the demands of hybrid work, leadership effectiveness is being redefined. Strategy and charisma are no longer enough. Increasingly, performance hinges on something less visible: the assumptions leaders and employees hold about one another. New doctoral research by Dr. Candice Fast suggests those hidden beliefs – […]

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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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Colombia, Ecuador locked in trade dispute as pipeline tariff jumps 900%

By The City Paper Staff -

Ecuador has sharply increased tariffs on Colombian crude oil transported through its pipeline system, deepening a trade and energy dispute between the two Andean neighbours that has already disrupted electricity exports and bilateral commerce. Ecuador said on Tuesday it had raised the tariff paid by Colombia for each barrel of oil transported through the state-owned […]

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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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Why a Strong Peso Is Making a Colombia Vacation More Expensive

By Timothy Langham -

For much of the past decade, Colombia built a reputation as one of travel’s great value destinations: culturally rich, visually stunning, and refreshingly affordable. A strong U.S. dollar, competitive hotel rates, and inexpensive food and transport helped turn cities like Medellín and Cartagena into global favorites, while smaller destinations thrived on a steady flow of […]

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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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Black-market will push Venezuela for bigger discounts following US oil tanker seizure

By The Conversation -

The U.S. seizure of an oil tanker off the Venezuelan coast appears designed to further squeeze the economy of President Nicolás Maduro’s government. The Dec. 10, 2025 operation — in which American forces descended from helicopters onto the vessel — followed months of U.S. military buildup in the Caribbean and was immediately condemned by Venezuela […]

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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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Colombia Bets Big on Instant Payments With Central Bank’s BRE-B

By Richard Emblin -

Colombia has launched BRE-B, a real-time payments system developed by its central bank to unify digital transactions across banks and wallets. The free platform allows instant money transfers nationwide and aims to boost financial inclusion, mirroring Brazil’s Pix model while addressing high fees and limited interoperability in the country.

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