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By

//Loren Moss
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Ecopetrol Purchases 21.43% Share Of Gulf of Mexico Deepwater Block From Chevron

Colombian state-controlled petroleum producer Ecopetrol’s (NYSE: EC, BVC: ECO) US subsidiary Ecopetrol America has reached an agreement with US petroleum supergiant Chevron Texaco (NYSE:CVX) to buy into the Mississippi Canyon Block 726 oil field located in US waters in the Gulf...
Posted On November 10, 2019
, By Loren Moss
Photo courtesy National Police
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¡Gringo Loco! Florida Man Steals Taxi From Barranquilla Airport, Runs Over 2 Colombians, Nearly Lynched By Angry Mob

Colombia’s attorney general’s office has announced charges against John Joseph Gianino, who is accused of stealing a taxi from Barranquilla’s international airport (BAQ) while the driver was waiting on a fare, and during his attempted escape, crashed into several vehicles,...
Posted On November 6, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Reports Revenues Up 12%, To Present Tomorrow in Chicago At Baird Conference

Barranquilla based Tecnoglass (NASDAQ:TGLS) (BVC:TGLSC), Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today reported financial results for the third quarter...
Posted On November 6, 2019
, By Loren Moss
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Colombia Leads The Global Financial Inclusion Microscope For 2nd Straight Year

 Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a...
Posted On November 5, 2019
, By Loren Moss
Downtown Bogotá at Night El Turista
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Criminal Taxi Gangsters Targeting Foreigners Arrested In Bogotá

After 7 months of investigation, Colombia’s CTI, or bureau of investigation, complied sufficient evidence to order the capture of 8 suspects belonging to the “Los Calvos” gang (The Bald-heads). 7 of those 8 were taken into custody on October 30. They were charged with aggravated...
Posted On November 5, 2019
, By Loren Moss
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Colombia’s Attorney General Prosecutes Various Cases of Corruption In October’s Local & Departmental Elections

One week ago last Sunday, Colombian voters went to the polls to choose mayors, neighborhood councils, city councils, and governors. With some notable exceptions, elections were mostly peaceful unlike past decades, but typical localized cases of vote buying and corruption were...
Posted On November 4, 2019
, By Loren Moss
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Colombian Agriculture Minister Seeks To Backtrack On Shark Finning Quota

Apparently upset by news reports in Finance Colombia and elsewhere, Colombia’s Minister of Agriculture Andrés Valencia Pinzón (above, black suit) has stated that the ministry’s recent resolution 350 of 2019 does not encourage shark finning, the practice of cutting off the fins of...
Posted On November 4, 2019
, By Loren Moss
Avianca Holdings Boing 787 in Rionegro Fitch Ratings liquidity
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Fitch Rates Avianca’s Proposed Debt Swap At C/RR4

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new...
Posted On November 4, 2019
, By Loren Moss
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Colombia’s Constitutional Court Invalidation Of Tax Reform Package Unlikely To Have Significant Macroeconomic Impact

Colombia’s Constitutional Court invalidated several articles of the President Ivan Duque’s “Ley de Financiamiento” fiscal reform law that was approved at the end of 2018 declaring them unenforceable. This means that the government has until January 1 2020 to return to...
Posted On November 4, 2019
, By Loren Moss
Image by Fajrul Falah from Pixabay
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The Global Conspiracy Against Hydraulic Fracturing: Is It Active In Colombia?

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within...
Posted On November 3, 2019
, By Loren Moss
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