By

Among large Latin American nations — those with more than 20 million people — only Peru outperformed Colombia.

Ecopetrol CEO Juan Carlos Echeverry has called for an "extraordinary" shareholder meeting next month to fill open seats on the oil company's board of directors.

"Our farmers produce some of the best coffee in the world, but the conflict has meant many have had to leave their farms," says Robert Velez of Colombia's coffee federation.

Brazilian firms took the brunt of the punishment, with 56 domestic corporates getting hit with downgrades last year.

"Most of the economic benefits of peace in terms of increased investment and tourism have already been felt," said Adam Collins of Capital Economics.

The drilling push is expected to bring Ecopetrol's new well count to 105 in 2016, with 35 additional wells coming to the lucrative Rubiales oilfield.

The Medellín utility credits the poor results largely to an El Niño-related drought that plagued Colombia in the early part of 2016.

Avianca, Éxito Viajes, and others could face up to $110,000 in fines for failing to properly communicate fares to consumers and operate in according to regulations.

Governor Terry McAuliffe of Viriginia took a two-day trip to Colombia last week to promote agricultural trade between the two locations.

The court ruled on a local woman's claim that the company's operations cannot be permitted to violate her rights to life, health, and access to water.