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Most analysts are equating the underwhelming growth to low consumption following the recent tax hike that increased Colombia's VAT by 3%.

"Corporates have been negatively affected by elevated interest rates in several countries and rising taxes," said Paula Bunn of Fitch Ratings.

The 25-point cut narrowly won the day among central bank board members with a 4-3 vote. All three dissenters preferred another 50-point reduction.

The memorandum of understanding between Colombia and South Korea highlights technology-centric themes and issues related to information systems in justice.

The Tier III-certified data center was built by Bogotá-based ZFB Group and will be located within the capital’s ZF Towers Services and Technology Park.

The former foreign minister of Colombia and outgoing head of the Colombo American Chamber of Commerce brings 35 years of diplomatic experience to Washington.

Cali will get direct flights to Santa Marta, Bucaramanga, and San Andrés, while Cartagena and Medellín also get new routes to San Andrés.

On top of the environmental and health risks, Ecopetrol said that 617 wells are out of commission and oil output is down by more than 20,000 barrels per day.

President Santos said that the Externado University-trained lawyer will bring continuity to the regulatory and engender confidence from the markets.

The USAID-based Data Jam aims "to help support a culture of evidence-based decisions and public policies" that supporters believe can lead to big benefits in the real world.