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Copa has renewed its codeshare agreement and general alliance with United for five years.

Graña y Montero will add 3,000 classrooms to 14 cities in the country over three years as a part of the government's push for more investment in education.

"If the war continues we'll have to raise taxes to finance it," said Colombian President Juan Manuel Santos.

More than $4.6 billion USD in remittances entered Colombia last year — a 13.3% spike over 2014 and the second largest increase in Latin America.

Flight traffic is up almost across the board at Colombia's 10 largest airports compared to 2015, and there has been a huge spike among travelers heading to the Caribbean.

"We will go back to the state of war” if the peace deal doesn't pass the popular vote, said Santos during the first day of a World Economic Forum event in Medellín.

An open call for proposals is underway until July 5, and the best of the best will be selected to head to Buenos Aires in November to compete for various rewards.

Colbitex launched in this beta form, using valueless currency, on June 3 and plans to go live officially in July.

The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.

Israeli construction company Shikun & Binui Ltd. recently closed on a $640 million USD infrastructure project in Colombia to build a nearly 100-mile-long toll road near the nation’s capital of Bogotá. The large sum includes all the costs related to financing,...