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The Banco de la República had pushed the interest rate up by 325 basis points over the previous 11 months to curb out-of-control inflation.

Amid road blocks and bridge damage from a strike in Putumayo, Ecopetrol says up to 40,000 barrels per day of its production is now at risk.

Immunotrex Biologics is partnering with research firm Interventional Concepts on an anti-sepsis compound clinical trial that it intends to hold in Colombia.