Latest News

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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Pope Francis, Advocate of Colombia’s Peace Accord, Dies at 88

By The City Paper Staff -

Pope Francis, the first Latin American pontiff and tireless advocate for Colombia’s 2016 peace accord with FARC rebels, died at 88. His 2017 visit helped heal a war-torn nation. Revered globally for championing reconciliation, he bridged faith and diplomacy during a transformative era for the Catholic Church.

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Colombia declares national health emergency with Yellow Fever outbreak

By The City Paper Staff -

Colombia has declared a national health emergency amid a yellow fever outbreak, with 76 cases and 34 deaths reported. President Gustavo Petro has ordered a mass vaccination campaign, targeting both rural and urban areas. Bogotá has set up immunization points at bus terminals and El Dorado Airport to curb further spread.

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Bogotá in Top Three of Latin America for Foreign Direct Investment

By Richard Emblin -

With 105 foreign investment projects in 2024, the Colombian capital stands out as a magnet for expansion in services, retail, and technology. Great connectivity for the business community, world-class cultural events and a highly-skilled workforce has secured Bogotá as a trusted destination for investors.

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IDEAM forecasts intense rains in Bogotá for three months

By The City Paper Staff -

Bogotá and much of Colombia will face heavy rainfall until mid-June, IDEAM warns. Increased precipitation raises risks of floods, landslides, and river overflows, particularly in Andean and Caribbean regions. Authorities urge preventive measures amid worsening weather conditions.

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