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Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.

South American economies "struggle in developing and retaining talent and are characterized by low levels of quality of life and reduced availability of skilled labor."

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

While still in line with central bank projects, the uptick brings year-over-year inflation to its highest level since February.

Despite the drop — from 57th in 2017 to 60th this year — Colombia's overall score in the Global Competitiveness Report actually increasing by 0.1 points to 61.6.

Though slight, the body's upward revision for Colombia comes in contrast to the IMF’s overall expectations for the global economy.

Banco de la República has now held the rate steady since cutting it by 25 basis points to 4.25% at its April meeting.

Latin America's ability to end extreme poverty and boost prosperity will depend "to a very large degree on the social inclusion of Afro-descendants," says the World Bank.

USO said this week that it had presented a proposal to Ecoptrol that included a request for higher salary and improved benefits for some 35,000 direct and contracted workers.