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//Rupert Stebbings
Colombian President Gustavo Petro speaking at the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland in January 2023. (Photo credit: World Economic Forum / Boris Baldinger)
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Colombia and Venezuela Are Talking Oil and Gas

This week, Petro was in Venezuela with Nicolás Maduro — and oil and gas topped the agenda.
Posted On April 14, 2024
, By Rupert Stebbings
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In Colombia, Inflation and Rain Are Hopefully Both Falling Again

Fedesarrollo's survey projects March inflation to drop to 7.34% — and continue falling to hit 5.51% by year-end.
Posted On April 2, 2024
, By Rupert Stebbings
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Cut Interest Rates — by the Bare Minimum

Banco de la República cut by 50 bps to 12.25%, but despite words expressing the "magnitude" of the cut, it was the absolute minimum they could have done.
Posted On March 28, 2024
, By Rupert Stebbings
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How the Antioquia Governor Is Working to Bring Female Empowerment to the Countryside

The governor has pushed this agenda since the beginning of the campaign and it is truly vital to support the women living in rural areas.
Posted On March 16, 2024
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Oil, Gas, and Financial Markets Remain Complicated in Colombia

Ecopetrol is reportedly looking for alternative natural gas sources to import, as Colombia may have a 17% deficit versus demand by 2025.
Posted On March 12, 2024
, By Rupert Stebbings
Leonardo Villar, governor of Banco de la República. (Photo credit: Banco de la República)
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Inflation Falls Again in Colombia. How Large will the Next Interest Rate Cut Be?

What will Banco de la República head Leonardo Villar and the rest of the Magnificent Seven do at their next meeting?
Posted On March 8, 2024
, By Rupert Stebbings
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Inflation, Ecopterol and Pension Reform to Make Headlines this Week in Colombia

Ecopetrol has been a dividend cash cow for many years, but those days are surely coming to an end.
Posted On March 4, 2024
, By Rupert Stebbings
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Faces Missed Opportunity to Cut Rates at this Week’s Non-Decision Meeting

For reasons I cannot detect, Banco de la República only moves rates at 8 of their 12 annual meetings.
Posted On February 27, 2024
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Be Careful What You Wish For

For 2024, Fedesarrollo is projecting GDP growth of 1.4% and a year-end CPI of 5.4%
Posted On February 25, 2024
, By Rupert Stebbings
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Colombian GDP Increased Just 0.6% in 2023: A Disappointment — but Not Shocking to Anybody

The first quarter of 2024 recovery is likely to be modest as well — in large part due to the central bank's refusal to lower rates until December.
Posted On February 17, 2024
, By Rupert Stebbings
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