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//July 25, 2017
The latest IMF World Economic Update forecasts Colombia GDP growth to hit just 2.0% for the second straight year. (Credit: IMF)
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IMF Once Again Lowers Forecast for Colombia’s 2017 GDP Growth to 2.0%

Last July, the IMF forecasted Colombia's GDP to grow by 3.0% in 2017. In October, that figure fell to 2.7% then, in April, it was cut again to 2.3%. Now it sits at 2.0%.
Posted On July 25, 2017
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Guamalito disruption of the Caño Limón-Coveñas pipeline that cut oil production for Ecopetrol and damaged the environment. (Credit: Ecopetrol)
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Ongoing Attacks Have Paralyzed Colombia’s Caño Limón-Coveñas Oil Pipeline Since May 30

Repairs have not been completed due to “continued harassment by firing helicopters” and “anti-personnel mines,” said Ecopetrol.
Posted On July 25, 2017
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cartagena port colombia shipping container
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Shipping Container Volume Fell by 4.7% at Colombian Ports in the First Quarter of 2017

While the rest of Latin America is going one way, Colombia is still lagging behind. Only Ecuador, with a 6.1% drop in the first quarter, performed worse.
Posted On July 25, 2017
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Jumbo Colombia Cencosud Chile Retail Hypermarket Supermarket
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Moody’s Assigns Baa3 Rating to Chilean Retailer Cencosud’s New $850 Million USD Senior Unsecured Notes

Best known in Colombia for its Jumbo brand of hypermarkets, the company's large regional presence highlights its financial stability.
Posted On July 25, 2017
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