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Colombia’s Superintendencia de Industria y Comercio, or Superintendence of Industry & Commerce, akin to the US Federal Trade Commission, has announced a punitive fine on Uber Colombia SAS, Uber’s Colombia subsidiary, after Uber officials and lawyers allegedly blocked access...

Negative yields on long-dated government securities are more reflective of distorted market conditions than of stronger sovereign credit profiles, Fitch Ratings says. Lower interest service costs support sovereign creditworthiness, but this must be weighed against the impact of...

There’s an ongoing debate about how we should evaluate the effectiveness of school choice policies. Last month, two education professors argued that standardized test scores should be “the measure of success.” Other education researchers – including myself – contend that we...

Moody’s Investors Service last week downgraded to B2 from Ba2 LifeMiles Ltd.’s corporate family and senior secured ratings. The outlook has been revised to negative from stable. LifeMiles, Ltd. is a coalition loyalty, program and the sole operator of Avianca...

Ontario, Canada based Avicanna Inc. (TSX: AVCN) a company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products, just announced that its common shares have begun trading on the Toronto Stock Exchange (TSX) on Thursday, July...

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) has announced that it produced a total of 18,882 ounces of gold in June bringing the total for the second quarter of 2019 to 57,882 ounces, up 9% over the second quarter of 2018. For the first half of 2019, the company produced a...

Fitch Ratings has affirmed Credivalores Crediservicios S.A.S.‘s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’ and Short-Term Foreign Currency IDR at ‘B’. The Rating Outlook was revised to Negative from Stable. Fitch also affirmed...