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Month

//September 2021
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Avianca Admits Current Shareholders Likely To Be Wiped Out

As a result of the foregoing, under the plan, the value of the outstanding shares of the company is expected to be reduced to zero.
Posted On September 21, 2021
, By Loren Moss
What Jumps Out - Time To Look Forward
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What Jumps Out: Time To Look Forward

The “line in the sand” fiscal rule has now gone but due to the measures taken there is the hope that the deficit will drop from the anticipated 8.6% in 2021 to 2.7% in 2026.
Posted On September 21, 2021
, By Rupert Stebbings
Sophia the Robot speaks on stage during Andicom 2018 in Cartagena, Colombia. (Photo credit: Jared Wade)
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Andicom, Colombia’s Largest ICT Event Returns To Cartagena Convention Center In November

The event, which brings together the main stakeholders in the ICT industry in one place, generates business opportunities through high-level commercial and networking activities.
Posted On September 21, 2021
, By Loren Moss
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What Jumps Out : Getting Back to Normal?

This is a country with problems, unquestionably, poverty has risen, there is discontent with the Government's actions in several respects and the current account situation speaks for itself. BUT, this is a country that for decades has built itself against a backdrop of problems...
Posted On September 21, 2021
, By Rupert Stebbings
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Avianca To End Business Class On Domestic Flights, Moves to Economy-Only Seating

Removing business class from short haul commuter flights is not a big deal by itself, but what is Avianca’s strategy? What does the airline want to be?
Posted On September 15, 2021
, By Loren Moss
Sky Airlines
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Avianca Directors Making Moves On Sky Airlines Of Chile

The investment, said to be $70 million USD of convertible credit, brings the airline into proximity with both bankrupt Colombian carrier Avianca and Mexican carrier Volaris.
Posted On September 13, 2021
, By Loren Moss
Karen Abudinen defends herself before Colombia's Congress (Photo: MinTIC)
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Colombia’s Minister of Information & Communications Technology Resigns Amid $280 Million Dollar Children’s Internet Scandal

Minister Karen Abudinen has resigned to the metaphorical cemetery she promised during an April television interview. Though no one has accused her so far of criminal wrongdoing, questions remain as to how her office could fall victim to a quarter billion US dollar fraud without...
Posted On September 11, 2021
, By Loren Moss
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EPM’s Labor Union Not Happy About Recent EPM Appointments, Calls Management Out For Political Machinations & Using EPM As A Sinecure

"From SINPRO we see with great concern how in this administration there have been repetitive changes in the EPM structure and appointments that affect the transparency and the rigors that have characterized our company."
Posted On September 8, 2021
, By Loren Moss
Here is hoping that Bogota Metro or Cali Freeway will one day be names we might all buy and sell in the market.
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What Jumps Out – Out Of The Box Bonds

Here is hoping that Bogota Metro or Cali Freeway will one day be names we might all buy and sell in the market.
Posted On September 8, 2021
, By Rupert Stebbings
Panamá migration
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Tensions Rise In Panamá Over Flow Of Migrants Crossing From Colombia

Panamá's director of migration has called for another meeting with Colombian counterparts saying Colombia is not complying with its commitment to restrict the flow of irregular migrants across the border to 500 individuals per day.
Posted On September 8, 2021
, By Loren Moss
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