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By

//Loren Moss
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Avianca Closes On $250 Million Convertible Loan From United Airlines & Kingsland International Group

Avianca has announced this morning in a filing with the US Securities & Exchange Commission (SEC) that it has closed on a $250 Million senior secured convertible loan agreement offered by US based United Airlines, and Kingsland International Group, controlled by Roberto...
Posted On November 18, 2019
, By Loren Moss
Casa del Marqués de Valdehoyos. Photo credit: Cancillería de Colombia
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Colombia, United States Hold Extradition Talks in Cartagena

Colombian and US officials met last week at the historic residence of the Marquis de Valdehoyos in Cartagena, Colombia for official talks titled “Consultations on Extradition and Mutual Legal Assistance to be held between the United States and Colombia.” The meeting was part of...
Posted On November 18, 2019
, By Loren Moss
Ignacio Garralda is the chairman of Spanish insurer Mutua Madrileña
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Mutua Madrileña Takes 45% Stake In Colombia’s Seguros Del Estado

Spain’s Mutua Madrileña insurance company has purchased 45% of Colombia’s Seguros del Estado, a private insurance company operating in Colombia. Seguros del Estado claims the #2 ranking in property and casualty insurance in Colombia. Mutua Madrileña also acquired an option to...
Posted On November 18, 2019
, 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
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