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For national unemployment, it is the lowest August since 2016. And for urban unemployment, it is the lowest August — EVER!

Colombia's Finance Ministry and the National Business Association of Colombia (ANDI) have spent weeks and months asking for rate cuts. Will they get what they want?

While we're seeing many headlines about the Colombian peso being the global top performer in 2023, this is mostly due to the sell off in the fourth quarter last year.

The Colombian peso moved towards 3,900 to the US dollar — and there appears little to suggest it will move it back towards the 4,200 level given current oil prices.

ANDI) and the Ministerio de Hacienda moved together on this plea — in what is hopefully the start of a more harmonious relationship.

As we could see from the BVC's Twitter account, the Asobolsa event in Cartagena was a day of soundbites and few ideas or solutions.

In an unwieldy city without the resources to set itself on the right path, the candidates for Bogotá mayor are all destined to fail — just as others have been before.

Banco de la República left rates at 13.25% — no surprise! — and lowered their 1.0% GDP estimate for 2023 to 0.9%.

President Petro's son, Nicolas Petro, has been arrested. The key here is that the president called for the investigation and has stepped away.

In this weekly news roundup, we saw a drop in retail confidence data but an uptick in industrial confidence — another mixed bag.