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Month

//January 2021
The Colombian Petroleum Association (ACP)
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Colombia’s Petroleum Sector Bullish On Exploration & Production In 2021

Colombia's petroleum industry group projects investment in oil and gas exploration and production (E&P) for 2021 between $3.1 and $3.45 billion USD, 51% higher than that of 2020.
Posted On January 29, 2021
, By Loren Moss
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Colombia’s 2020 Homicide Rate On Par With México, Exceeds El Salvador & Haiti says Insight Crime

While the homicide rate in Colombia fell again in 2020, the nation struggled to confront a number of other security threats. The 12,018 homicides recorded across the country last year marked a murder rate of 24.3 per 100,000 people, down just over six percent from the total...
Posted On January 29, 2021
, By Insight Crime
Behamin Sebastián Benedikt Weber, Auer Hans Werner Schmitz, Lucasz Tomasz Banas and Daniel Alejandro Calacaño Sánchez were charged with illegal use of renewable natural resources, violating borders for the purpose of exploiting natural resources, and trespassing in areas of special importance.
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German, Polish, Venezuelan Men Arrested In Colombia For Tarantula Smuggling

Behamin Sebastián Benedikt Weber, Auer Hans Werner Schmitz, Lucasz Tomasz Banas and Daniel Alejandro Calacaño Sánchez were caught with 9 tarantulas and 1 egg. One of the German suspects presented an authorization by a German museum, but foreign museums have no authority to...
Posted On January 29, 2021
, By Loren Moss
Interjet
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Mexican Airline Interjet Hit With $219,450,750 Peso Fine By Colombian Transportation Regulators For Abandoning Dozens Of Passengers, Ignoring Government Orders

Former CEO William Shaw allegedly said “When Interjet arrived to the hospital, this patient was already dead…Nothing can save it and I’m going. I am going to the airline I am creating in Africa, or I am going to the airline that I am creating in The Dominican Republic.”
Posted On January 29, 2021
, By Loren Moss
Israel Sali Brami
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Alleged International Narcotrafficker Israel Sali Brami Captured By Colombian Authorities

Israel Salí Brami was wanted by Israeli authorities for belonging to a narcotics trafficking network along with criminals Golan Ben Baruch and Assi Moosh, both expelled by Migración Colombia in 2018 and 2017, respectively.
Posted On January 27, 2021
, By Loren Moss
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Ecopetrol Seeks To Purchase Control of ISA From Colombian Government

he fact that Ecopetrol has gone public with its intentions indicates the near certainty that a deal has been agreed upon in advance within Colombia’s government. It also reveals an intention of the Colombian government to raise cash without further direct indebtedness, by selling...
Posted On January 27, 2021
, By Loren Moss
Photo Courtesy VIva Air
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Questions & Answers: Requirement for Proof of Negative COVID-19 Test or Recovery for All Air Passengers Flying To The United States

The CDC announced an order requiring all air passengers arriving to the US from a foreign country to get tested no more than 3 days before their flight departs and to present the negative result or documentation of having recovered from COVID-19 to the airline before boarding the...
Posted On January 26, 2021
, By Loren Moss
Image by Manuel de la Fuente from Pixabay
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MPC Capital Raises $100 Million USD To Build Green Energy Plants in Colombia, Jamaica, El Salvador

On the company website, it lists 5 projects under development in Colombia, plus one each in El Salvador and Jamaica, and says all projects will start construction in the second half of this year, and begin energy production at the end of 2022.
Posted On January 26, 2021
, By Loren Moss
Photo courtesy Whitehouse.gov
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Fitch Expects A Biden – Harris Administration To Be Positive For Latin America

Latin America could continue to benefit from re-shoring as the U.S. seeks to reduce its businesses reliance on Chinese suppliers. China’s own economic recovery will be a significant determinant of commodity prices.
Posted On January 25, 2021
, By Loren Moss
Above: PriceSmart has installed enclosures around cashiers to isolate them from shoppers during checkout, along with other safety measures. Pricesmart Medellín photo: Loren Moss
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Pricesmart December Sales Up 2.8%

PriceSmart, Inc. (NASDAQ: PSMT) Net Merchandise Sales grew 2.8%, after negative 3.1% FX impact. Comparable Net Merchandise Sales decreased 1.7%, after 2.9% negative FX impact. E-Commerce Penetration was 2.8% of Total Net Merchandise Sales
Posted On January 25, 2021
, By Loren Moss
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