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//OpEd, Expert, or Guest Contribution
Tuesday was a historic day in Colombia - not because the football team managed to snatch a 2-2 draw against Argentina in a World Cup qualifier, but because it represented the first time ever that local investors could buy and sell Chilean stocks in local currency.
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What Jumps Out – The Chileans Are Here!

Tuesday was a historic day in Colombia - not because the football team managed to snatch a 2-2 draw against Argentina in a World Cup qualifier, but because it represented the first time ever that local investors could buy and sell Chilean stocks in local currency.
Posted On June 13, 2021
, By Rupert Stebbings
Rupert’s opinions & analysis as an independent expert contributor are his own and not necessarily those of Finance Colombia or the BVC.
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What Jumps Out : Reactivation

This past week most headlines have been so contaminated with politics it has been hard to find much else to discuss. Everyone who ever picked up a banner and marched in Colombia is a descendant of Vladimir Lenin and anyone who ever owned a business has modeled it on the Victorian...
Posted On June 9, 2021
, By Rupert Stebbings
Maracaibo - Barquisimeto bus ticket booth. Photo © Loren Moss
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Here Is How Colombia’s Temporary Protected Status For Venezuelan Refugees Works

Venezuelan refugees in Colombia may now be protected under Temporary Protected Status, but there are important conditions and limitations. Attorney Humberto Rodriguez explains key provisions of this new measure.
Posted On June 7, 2021
, By Humberto Rodriguez
Ivan Duque photo credit César Carrión of the Presidencia de la República
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In Apparent Desperation, Colombian President Ivan Duque Releases English Self-Interview, Whining About Protests & Deflecting Blame

As the video is in English, it appears not directed at Colombians, but at influencing his image in the eyes of foreigners. Under 3 years of Duque’s presidency, Colombia has lost its investment grade currency rating, experienced multiple cases of police abuse, record levels of...
Posted On May 25, 2021
, By Loren Moss
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What Jumps Out – Standard & Poor Makes Their Move (Colombia Downgraded To Junk)

The big question is what Fitch (BBB-) & Moody's (Baa2) chose to now do. Will they wait to see what is contained within 'Tax Reform II' when it is resubmitted? The issue is that there is little clarity on when that will be. Congress will shut down for the holidays in just over a...
Posted On May 20, 2021
, By Rupert Stebbings
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What Jumps Out: Band-Aid (or, Colombia’s Dire Economic Straits Need A Bit More)

Against the backdrop of the images we have seen, it appears almost churlish to discuss Colombia's investment grade credit rating, however its removal would have more effect on those protesting than most of them could imagine.
Posted On May 11, 2021
, By Rupert Stebbings
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Nobody Likes Ivan: Understanding The Nationwide Protests & Unrest In Colombia

Colombian President Ivan Duque's withdrawal of his controversial tax hikes were not enough to stop nationwide protests in Colombia. The reason the protests continue vary, with much legitimate discontent and dissatisfaction, but provocateurs and common criminality must also be...
Posted On May 5, 2021
, By Loren Moss
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What Jumps Out: Colombians Out On The Streets

Administrations come and go but the country needs to move forward, and the failure of the tax reform is currently threatening the short-term future of Colombia.
Posted On April 29, 2021
, By Rupert Stebbings
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What Jumps Out: Where Is Everyone Going?

Earlier this week we had the equity market flows for March, a month when the index lost 3%, and we find that foreigners, whilst continuing their healthy participation at 34.8% were almost the largest net sellers. Now $30mn is not the end of the world however given the poor...
Posted On April 9, 2021
, By Rupert Stebbings
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What Jumps Out: Shakespeare, COVID, & The Colombian Economy

It is doubtful that in 1603 that Mr Shakespeare was thinking of COVID when he sat down to write Hamlet however that doesn't mean his words aren't valid for today's circumstances.
Posted On April 4, 2021
, By Rupert Stebbings
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