Colombia
Vai alla Scheda Paese »No medicine cures what happiness cannot.
— Gabriel Garcìa Màrquez
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Over 40% of tropical timber exported by Colombia in the last decade was illegal
RIO DE JANEIRO, BRAZIL – In addition to the environmental impact of the destruction of these ecosystems, a study by Global Financial Integrity (GFI) revealed that the country loses millions of dollars due to the illegal export of tropical timber. According to GFI researchers, between 2008 and 2019 more than ...
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Blinken and Duque, committed to “restoring democracy” in Venezuela
RIO DE JANEIRO, BRAZIL - The US Secretary of State, Antony Blinken, and the President of Colombia, Iván Duque, expressed their commitment to "restore democracy and the rule of law" in Venezuela, during a telephone conversation reported Tuesday by the US Foreign Ministry. Both spoke of "Colombia's efforts to promote ...
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New restrictions in Colombia: travelers must present a negative PCR test for Covid-19
RIO DE JANEIRO, BRAZIL - The Colombian Ministry of Health and Social Protection announced through Resolution 411/2021 that as of April 7th, all non-resident foreigners entering the country by air, irrespective of their origin, must present a PCR test with a negative result for Covid-19 performed within 96 hours before ...
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Colombia quiere ajustar sus impuestos
Colombia está evaluando la eliminación de un impuesto de retención en la fuente del 5% que pagan los inversionistas extranjeros en el mercado local de bonos como parte de una amplia reforma que se enviará al Congreso la próxima semana.
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Net losses at Colombia’s Avianca up 22% in 2020
RIO DE JANEIRO, BRAZIL - Net losses at airline Avianca Holdings increased 22% to US$1.09 billion in 2020 due to the near-paralysis of global air travel because of COVID-19, the company said on Monday, March 29th. The airline, which is carrying out a restructuring process under the U.S. Chapter 11 ...
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45% of foreign investment to Colombia in 2020 came from North America, says ProColombia
RIO DE JANEIRO, BRAZIL - ProColombia revealed that, of the 197 foreign investment projects facilitated during 2020 in Colombia, 63 came from North America, making that the region that led the number of initiatives and businesses, followed by Europe with 48, Asia with 44, and Latin America and the Caribbean ...
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Colombia Seeks Closer Ties With Nigeria As Dabiri-Erewa Partners LEADERSHIP
By Chinelo Chikelu and Tarkaa David, Abuja The Republic of Colombia has expressed its desire to improve trade relations with Nigeria in light of the cultural and traditional affinity between both countries. Colombian Honorary Consul to Nigeria, Mrs. Maricel C Romero, who made the call during a visit to the ...
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Corte IDH ordena a Colombia dar protección ‘inmediata’ a periodista violada y torturada
La Corte Interamericana de Derechos Humanos ordenó este miércoles al Estado colombiano proteger de “forma inmediata” a la periodista Jineth Bedoya, quien hace dos décadas fue violada y torturada por paramilitares de ultraderecha con la presunta complicidad de agentes oficiales.
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Colombia fiscal revisions spark market concern, up risk of rating loss
RIO DE JANEIRO, BRAZIL - Colombia’s plan to finance its fiscal needs this year with ever-swelling debt has sparked market concern and may herald the loss of the Andean country’s investment-grade credit rating, analysts and investors say. The Finance Ministry last week revised 2021 fiscal targets, deepening its prediction for ...
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Crime is significant deterrent to foreign investment required to kickstart Colombia’s oil industry
By Matthew Smith RIO DE JANEIRO, BRAZIL - There has long been an association between petroleum production, political repression, poor governance, and increased internal conflict. For strife-torn oil-dependent Colombia, which is claimed to be Latin America’s longest-running democracy, this is no different. Like South American neighbors Venezuela, Brazil, and Ecuador, ...
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Peruvian agribusiness seeks to expand in Colombia due to recent change in law
RIO DE JANEIRO, BRAZIL - As the new Agrarian Promotion Law in Peru brings about changes, agro-exporters from the country have started to look to Colombia for lands to fulfill their expansion plans. Pilar Lozano, Commercial Attaché of the Colombian Embassy in Peru, said that up to five Peruvian agro-industrial ...
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Business confidence in Colombia dipped in January on COVID containment measures
RIO DE JANEIRO, BRAZIL - Business confidence in Colombia experienced a slight decline for the second consecutive month in January due to the impact of confinement measures used by authorities to control a second wave of the coronavirus, the government said on Friday, February 19th. The business confidence index fell ...
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Colombia protesta contra reserva en el Mar Caribe creada por Daniel Ortega
El Gobierno de Colombia presentó una “enérgica protesta” ante la aprobación de una ley en Nicaragua para la creación de[...]
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Cuba breaks silence on controversial memorandum to Colombia
RIO DE JANEIRO, BRAZIL - (AP) Cuba broke its silence on Saturday, February 13th, on a memorandum it delivered to the Colombian government warning it of an alleged guerrilla attack in Bogotá and regretted that this gesture was used by the administration of President Iván Duque to fuel binational tension. ...
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Colombia fiscal deficit reached 6% of GDP in first 9 months of 2020
RIO DE JANEIRO, BRAZIL - Colombia’s central government deficit was 6% of gross domestic product (GDP) in the first nine months of 2020, more than five times the figure recorded in the same period of 2019, as spending increased due to the coronavirus pandemic, a Finance Ministry document showed on ...
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Investment in Colombia Oil and Gas Industry Fell 49% in 2020
RIO DE JANEIRO, BRAZIL - Investment in Colombia’s oil and gas industry fell 49% to US$2.05 billion last year, the lowest since 2016, with exploration investments sliding as the coronavirus pandemic slashed global fuel demand, the private producers association said. Spending on exploration projects fell to US$350 million in 2020 ...
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“Time for Bitcoin” Being Promoted in Argentina, Chile, Colombia and Mexico
RIO DE JANEIRO, BRAZIL - A massive propaganda campaign for Bitcoin (BTC) was launched on January 28, 2021 simultaneously in Argentina, Chile, Colombia and Mexico, with the name 'It’s time for Bitcoin' (Es Hora de Bitcoin). It includes, among other actions, advertisements on streets and public transportation. “It is a ...
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Colombia’s State-Controlled Ecopetrol Bids for Electrical Transmission Giant
RIO DE JANEIRO, BRAZIL - Colombia's state-controlled Ecopetrol is seeking to acquire state-controlled electricity transmission giant Isa in an aggressive move away from its core oil business. Ecopetrol presented a non-binding offer for the government's stake in Isa, equivalent to more than 51% of the shares in circulation, the company ...
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Business Protest in Colombia Ahead of Virus Lockdown
RIO DE JANEIRO, BRAZIL - Dozens of merchants protested Wednesday, January 20th, in Colombia’s capital city of Bogota against the local government’s restrictions meant to stop the spread of the coronavirus. The protesters carried signs implying that the measures forcing them to keep their businesses closed will make them go ...
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Costa Rica y Colombia, socios prioritarios para la ZLC
En término de valor, Costa Rica cerró el 2020 como el principal destino de las reexportaciones de la Zona Libre de Colón (ZLC), siendo los electrodomésticos y prendas de vestir los bienes que lideraron estos envíos.
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Colombia Issues US$1.3 Billion of New Global Bonds
RIO DE JANEIRO, BRAZIL - Colombia has issued new global bonds worth US$1.3 billion to international capital markets, while also reopening earlier-issued bonds, the ministry of finance said on Wednesday, January 13th. The new bonds, due in 2061, have a 40-year placement and were issued at 3.875%, the ministry said ...