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Privacy Policy

PRIVACY POLICY

Last updated May 14, 2025

This privacy notice for Unido Digital Media LLC (doing business as Empleo Bilingue, Finance Colombia, Cognitive Business News, Finance Americas, and other properties) (“we,” “us,” or “our“), describes how and why we might collect, store, use, and/or share (“process“) your information when you use our services (“Services“), such as when you:

  • Visit any website of ours that links to this privacy notice
  • Engage with us in other related ways, including any sales, marketing, or events

Questions or concerns? Reading this privacy notice will help you understand your privacy rights and choices. If you do not agree with our policies and practices, please do not use our Services. If you still have any questions or concerns, please contact us at [email protected].

SUMMARY OF KEY POINTS

What personal information do we process? When you visit, use, or navigate our services, we may process personal information depending on how you interact with our websites and the services, the choices you make, and the products and features you use.

Do we process any sensitive personal information? We do not process sensitive personal information beyond what may normally be included on a resumé or social media profile.

Do we receive any information from third parties? Generally, no. But if you are a potential purchaser of our services or our products, we may utilize business-to-business data enrichment platforms, for example to prepare for scheduled sales meetings to learn about your company or organization. These may include platforms such as LinkedIn, ZoomInfo, web searches, etc.

How do we process your information? We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent. We process your information only when we have a valid legal reason to do so.

In what situations and with which types of parties do we share personal information? We may share information in specific situations and with specific categories of third parties.

How do we keep your information safe? We have organizational and technical processes and procedures in place to protect your personal information. However, no electronic transmission over the internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information.

What are your rights? Depending on where you are located geographically, the applicable privacy law may mean you have certain rights regarding your personal information.

How do you exercise your rights? The easiest way to exercise your rights is by visiting one of our several contact forms, such as the contact form on this website, via social media, such as LinkedIn, https://www.linkedin.com/company/unido-digital/ or by contacting us. There are telephony links for Whatsapp on our websites. We will consider and act upon any request in accordance with applicable data protection laws.

 

  1. WHAT INFORMATION DO WE COLLECT?

Personal information you disclose to us.

In Short: We collect personal information that you provide to us.

We collect personal information that you voluntarily provide to us when you register on the Services, express an interest in obtaining information about us or our products and Services, when you participate in activities on the Services, or otherwise when you contact us.

Personal Information Provided by You. The personal information that we collect depends on the context of your interactions with us and the Services, the choices you make, and the products and features you use. The personal information we collect may include the following:

  • names
  • phone numbers
  • email addresses
  • mailing addresses
  • job titles
  • usernames
  • passwords
  • contact preferences
  • contact or authentication data

Sensitive Information. We do not process sensitive information.

Payment Data. We may collect data necessary to process your payment if you make purchases, such as your payment instrument number, and the security code associated with your payment instrument. All payment data is stored by Stripe and PayPal. You may find their privacy notice link(s) here: https://stripe.com/privacy and https://www.paypal.com/us/legalhub/privacy-full.

Social Media Login Data. We may provide you with the option to register with us using your existing social media account details, like your Facebook, Twitter, or other social media account.

All personal information that you provide to us must be true, complete, and accurate, and you must notify us of any changes to such personal information.

Information automatically collected

In Short: Some information — such as your Internet Protocol (IP) address and/or browser and device characteristics — is collected automatically when you visit our Services.

We automatically collect certain information when you visit, use, or navigate the Services. This information does not reveal your specific identity (like your name or contact information) but may include device and usage information, such as your IP address, browser and device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when you use our Services, and other technical information. This information is primarily needed to maintain the security and operation of our Services, and for our internal analytics and reporting purposes.

 

Like many businesses, we also collect information through cookies and similar technologies.

The information we collect includes:

  • Log and Usage Data. Log and usage data is service-related, diagnostic, usage, and performance information our servers automatically collect when you access or use our Services and which we record in log files. Depending on how you interact with us, this log data may include your IP address, device information, browser type, and settings and information about your activity in the Services(such as the date/time stamps associated with your usage, pages and files viewed, searches, and other actions you take such as which features you use), device event information (such as system activity, error reports (sometimes called “crash dumps”), and hardware settings).
  • Device Data. We collect device data such as information about your computer, phone, tablet, or other device you use to access the Services. Depending on the device used, this device data may include information such as your IP address (or proxy server), device and application identification numbers, location, browser type, hardware model, Internet service provider and/or mobile carrier, operating system, and system configuration information.
  • Location Data. We collect location data such as information about your device’s location, which can be either precise or imprecise. The information we collect depends on the type and settings of the device you use to access the Services. You can opt out of allowing us to collect this information either by refusing access to the information or by disabling your Location setting on your device. However, if you choose to opt out, you may not be able to use certain aspects of the Services.
  1. HOW DO WE PROCESS YOUR INFORMATION?

In Short: We process your information to provide, improve, and administer our Services, communicate with you, for security and fraud prevention, and to comply with law. We may also process your information for other purposes with your consent.

We process your personal information for a variety of reasons, depending on how you interact with our Services, including:

  • To create, manage and authenticate accounts: We may process your information so you can create and log in to your account, as well as keep your account in working order.
  • To deliver and facilitate delivery of services to the user. We may process your information to provide you with the requested service.
  • To respond to user inquiries and offer support to users. We may process your information to respond to your inquiries and solve any potential issues you might have with the requested service.
  • To send administrative information to you. We may process your information to send you details about our products and services, changes to our terms and policies, and other similar information.
  • To request feedback. We may process your information when necessary to request feedback and to contact you about your use of our Services.
  • To protect our Services. We may process your information as part of our efforts to keep our Services safe and secure, including fraud monitoring and prevention.
  • To evaluate and improve our Services, products, marketing, and your experience. We may process your information in order to identify usage trends, determine the effectiveness of our promotional campaigns, and to evaluate and improve our Services, products, marketing, and your experience.
  • To identify usage trends. We may process information about how you use our Services to better understand how they are being used so we can improve them.
  • To comply with our legal obligations. We may process your information to comply with our legal obligations, respond to legal requests, and exercise, establish, or defend our legal rights.
  1. WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?

In Short: We may share information in specific situations described in this section and/or with the following categories of third parties.

Vendors, Consultants, and Other Third-Party Service Providers. We may share your data with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work. We have contracts in place with our third parties, which are designed to help safeguard your personal information. This means that they cannot do anything with your personal information unless we have instructed them to do it. They will also not share your personal information with any organization apart from us. They also commit to protect the data they hold on our behalf and to retain it for the period we instruct. The categories of third parties we may share personal information with are as follows:

  • Payment Processors
  • User Account Registration & Authentication Services

We also may need to share your personal information in the following situations:

  • Business Transfers. We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
  • We may share your information with our affiliates, in which case we will require those affiliates to honor this privacy notice. Affiliates include our parent company and any subsidiaries, joint venture partners, or other companies that we control or that are under common control with us.
  • Business Partners. We may share your information with our business partners to offer you certain products, services, or promotions.

 

  1. WHAT IS OUR STANCE ON THIRD-PARTY WEBSITES?

In Short: We are not responsible for the safety of any information that you share with third parties that we may link to or who advertise on our Services, but are not affiliated with, our Services.

The Services may link to third-party websites, online services, or mobile applications and/or contain advertisements from third parties that are not affiliated with us and which may link to other websites, services, or applications. Accordingly, we do not make any guarantee regarding any such third parties, and we will not be liable for any loss or damage caused by the use of such third-party websites, services, or applications. The inclusion of a link to a third-party website, service, or application does not imply an endorsement by us. We cannot guarantee the safety and privacy of data you provide to any third parties. Any data collected by third parties is not covered by this privacy notice. We are not responsible for the content or privacy and security practices and policies of any third parties, including other websites, services, or applications that may be linked to or from the Services. You should review the policies of such third parties and contact them directly to respond to your questions.

  1. DO WE USE COOKIES AND OTHER TRACKING TECHNOLOGIES?

In Short: We may use cookies and other tracking technologies to collect and store your information.

We may use cookies and similar tracking technologies (like web beacons and pixels) to access or store information. Specific information about how we use such technologies and how you can refuse certain cookies is set out in our Cookie Notice.

  1. HOW DO WE HANDLE YOUR SOCIAL LOGINS?

In Short: If you choose to register or log in to our Services using a social media account, we may have access to certain information about you.

Our Services offer you the ability to register and log in using your third-party social media account details (like your Facebook or Twitter logins). Where you choose to do this, we will receive certain profile information about you from your social media provider. The profile information we receive may vary depending on the social media provider concerned, but will often include your name, email address, friends list, and profile picture, as well as other information you choose to make public on such a social media platform.

We will use the information we receive only for the purposes that are described in this privacy notice or that are otherwise made clear to you on the relevant Services. Please note that we do not control, and are not responsible for, other uses of your personal information by your third-party social media provider. We recommend that you review their privacy notice to understand how they collect, use, and share your personal information, and how you can set your privacy preferences on their sites and apps.

  1. HOW LONG DO WE KEEP YOUR INFORMATION?

In Short: We keep your information for as long as necessary to fulfill the purposes outlined in this privacy notice unless otherwise required by law.

We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy notice, unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements). No purpose in this notice will require us keeping your personal information for longer than the period of time in which users have an account with us.

When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize such information, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.

  1. HOW DO WE KEEP YOUR INFORMATION SAFE?

In Short: We aim to protect your personal information through a system of organizational and technical security measures.

 

We have implemented appropriate and reasonable technical and organizational security measures designed to protect the security of any personal information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. Although we will do our best to protect your personal information, transmission of personal information to and from our Services is at your own risk. You should only access the Services within a secure environment.

  1. DO WE COLLECT INFORMATION FROM MINORS?

In Short: We do not knowingly collect data from or market to children under 18 years of age.

We do not knowingly solicit data from or market to children under 18 years of age. By using the Services, you represent that you are at least 18 or that you are the parent or guardian of such a minor and consent to such minor dependent’s use of the Services. If we learn that personal information from users less than 18 years of age has been collected, we will deactivate the account and take reasonable measures to promptly delete such data from our records. If you become aware of any data we may have collected from children under age 18, please contact us at [email protected].

  1. WHAT ARE YOUR PRIVACY RIGHTS?

In Short: You may review, change, or terminate your account at any time.

We have no presence in Europe, so if you are in Europe or anywhere else in the world, understand that you are using our website under the terms, conditions, laws, and jurisdiction of the United States.

Withdrawing your consent: If we are relying on your consent to process your personal information, which may be express and/or implied consent depending on the applicable law, you have the right to withdraw your consent at any time.

However, please note that this will not affect the lawfulness of the processing before its withdrawal nor, when applicable law allows, will it affect the processing of your personal information conducted in reliance on lawful processing grounds other than consent.

Opting out of marketing and promotional communications: You can unsubscribe from our marketing and promotional communications at any time by clicking on the unsubscribe link in the emails that we send, or by contacting us. You will then be removed from the marketing lists. However, we may still communicate with you — for example, to send you service-related messages that are necessary for the administration and use of your account, to respond to service requests, or for other non-marketing purposes.

Account Information

If you would at any time like to review or change the information in your account or terminate your account, you can log in to your account settings and update your user account.

Upon your request to terminate your account, we will deactivate or delete your account and information from our active databases. However, we may retain some information in our files to prevent fraud, troubleshoot problems, assist with any investigations, enforce our legal terms and/or comply with applicable legal requirements.

Cookies and similar technologies: Most Web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features or services of our Services.

If you have questions or comments about your privacy rights, you may email us at [email protected].

  1. CONTROLS FOR DO-NOT-TRACK FEATURES

Most web browsers and some mobile operating systems and mobile applications include a Do-Not-Track (“DNT”) feature or setting you can activate to signal your privacy preference not to have data about your online browsing activities monitored and collected. At this stage no uniform technology standard for recognizing and implementing DNT signals has been finalized. As such, we do not currently respond to DNT browser signals or any other mechanism that automatically communicates your choice not to be tracked online. If a standard for online tracking is adopted that we must follow in the future, we will inform you about that practice in a revised version of this privacy notice.

  1. DO WE MAKE UPDATES TO THIS NOTICE?

In Short: Yes, we will update this notice as necessary to stay compliant with relevant laws.

We may update this privacy notice from time to time. The updated version will be indicated by an updated “Revised” date and the updated version will be effective as soon as it is accessible. If we make material changes to this privacy notice, we may notify you either by prominently posting a notice of such changes or by directly sending you a notification. We encourage you to review this privacy notice frequently to be informed of how we are protecting your information.

  1. HOW CAN YOU CONTACT US ABOUT THIS NOTICE?

https://www.linkedin.com/company/unido-digital/

  1. HOW CAN YOU REVIEW, UPDATE, OR DELETE THE DATA WE COLLECT FROM YOU?

You have the right to request access to the personal information we collect from you, change that information, or delete it. To request to review, update, or delete your personal information, please visit the contact form on this website, use the Whatsapp icon, or via LinkedIn: https://www.linkedin.com/company/unido-digital/

 

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Sura Asset Management Affirmed at BBB+ by Fitch Ratings

Fitch Ratings has affirmed Sura Asset Management S.A.’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB+’ with a stable rating outlook. Key Ratings Drivers, IDRs and Senior Debt Medellín, Colombia based Sura Asset Management’s...
Posted On March 19, 2019
, By Loren Moss
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Ecopetrol Promotes José Cotello to President of Brazilian Subsidiary

Colombian petroleum producer Ecopetrol S.A. has announced that José Cotello, who had been serving as Regional Vice President Orinoquía (VRO) since 2015, was appointed as President of the Ecopetrol subsidiary in Brazil and will assume his new functions as of April 1, 2019. The...
Posted On March 19, 2019
, By Loren Moss
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Colombian Cosmetics Company Cerescos Seeks To Globalize, Presents Masglo Brand At Cosmoprof Worldwide in Bologna, Italy

Colombian cosmetics company Cerescos S.A.S., owner of brands Masglo and Admiss, has participated in the Cosmoprof Worldwide trade fair in Bologna, Italy from March 15 to 18, 2019 through its Masglo brand. Seeking to become a global brand, Masglo currently has a presence in more...
Posted On March 19, 2019
, By Loren Moss
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Cushman & Wakefield Taps Marc Royer To Head Capital Markets For South America

Global real estate brokerage and advisory firm Cushman & Wakefield has appointed Marc Royer to lead the new Capital Markets business unit for South America. Marc Royer is responsible for the new business unit of Capital Markets for South America of Cushman & Wakefield, a...
Posted On March 19, 2019
, By Loren Moss
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Frontera Energy Beats 2018 Guidance, Declares Dividend, Ups Stake In CGX

Frontera Energy (TSX:FEC) achieved or exceeded its original 2018 guidance targets, with the exception of production guidance where it achieved revised guidance. Average production before royalties of 71,032 boe/d (within guidance range of 70,000 to 72,000 boe/d), operating EBITDA...
Posted On March 19, 2019
, By Loren Moss
Amazon River photo credit alexaschmitz - Pixabay
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Colombia & Other Amazon Countries Go To ICANN To Keep .amazon Domain Name From Amazon.com

Following a series of concerns expressed by Colombia and other countries in the Amazon basin, the Board of Directors of the Internet Corporation for the Assignment of Names and Numbers (ICANN) took the decision to set the final steps for the Amazon States and the American company...
Posted On March 19, 2019
, By Loren Moss
Banco Itaú Colombia (Photo credit: Thomas Hobbs)
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Fitch: Itaú Corpbanca affirmed at ‘BBB-‘; Outlook Stable

Fitch Ratings has affirmed Banco Itaú Corpbanca Colombia S.A.’s (Itaú Colombia) Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. Itaú Colombia established operations in Colombia in 2012 as part of the regional expansion strategy of...
Posted On March 19, 2019
, By Loren Moss
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Medellín To Host 49th General Assembly of the OAS

For the second time in history, Medellín has been chosen to host the General Assembly of the Organization of American States (OAS). The decision was made by resolution after Colombia offered motions to organize and host the meeting to be held between June 26 and 28, 2019....
Posted On March 12, 2019
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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After Record 2018 Results, Tecnoglass Floats Offering Of Up To 9,200,000 Additional Shares

Tecnoglass Inc. (NASDAQ: TGLS) (BVC:TGLSC), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, after announcing record 2018 results and a strong backlog...
Posted On March 12, 2019
, By Loren Moss
Bogota photo courtesy of Cushman & Wakefield
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Study: Bogotá Class A Office Space Absorption Jumps 39% In 2018

Bogotá, despite the country’s economic slowdown, consolidated its position as the country’s largest Class A office space market, according to the MarketBeat study conducted by real estate firm Cushman & Wakefield. Class A offices (which include sub-classes AAA and...
Posted On March 12, 2019
, By Loren Moss
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Colombian Insurer Aseguradora Solidaria de Colombia Reports Record Growth Amidst A Strong Insurance Market

While the insurance market in Colombia grew at a rate of 5.5% in 2018, Aseguradora Solidaria stood out with a growth rate of 18.8%, led by growth in personal lines. Carlos Arturo Guzmán, (above) president of the company, revealed: “the truth was a year of very good results,...
Posted On March 12, 2019
, By Loren Moss
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Gran Colombia Gold Seeks To Recover Venezuelan Assets

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced recently that it sees opportunity in the evolving changes in Venezuela to recover and develop its gold exploration assets that were nationalized in 2011, adding to its pipeline of Latin America-based projects which could...
Posted On March 12, 2019
, By Loren Moss
Fitch Ratings Claro Colombia Telecom Telecommunications (Credit: Jared Wade)
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Claro Colombia to Open 3rd Data Center in Medellín

According to an interview published in La Republica, Claro Colombia, a subsidiary of América Movil, will open its 3rd data center in Medellín. Incoming CEO Carlos Zenteno mentioned the center when discussing the company’s focus for the coming year, where he discussed...
Posted On March 12, 2019
, By Loren Moss
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Fitch Ratings Affirms ETB At BB+ With A Stable Outlook

Fitch Ratings has affirmed Empresa de Telecomunicaciones de Bogota S.A.’s (ETB) Long-Term Foreign Currency and Local Currency Issuer Default Ratings (IDRs) at ‘BB+’ with a stable rating outlook. The rating affirmation reflects ETB’s positive EBITDA...
Posted On March 12, 2019
, By Loren Moss
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Royal Road Minerals Inks Deal To Purchase AngloGold Ashanti’s Colombian Exploration Assets

Royal Road Minerals Limited (TSXV:RYR), a Canadian mining operation trading on Toronto’s TSX Venture Exchange announced last week that it has entered into a definitive stock purchase agreement  with Compañía Kedahda Limited, an affiliate of AngloGold Ashanti Limited to...
Posted On March 12, 2019
, By Loren Moss
Figure 2 – Stope Areas 5 and 6 located in the Western Portion of the Veta Sur System at 1,593 RL
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Continental Gold Announces High-Grade Gold Channel Sampling Results from Stope Development Drifts at Buriticá Mine

Toronto based Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced high-grade assay results from 12 stope development drifts as part of the underground construction at its 100%-owned Buriticá project in Antioquia, Colombia. Development of the Buriticá project remains on...
Posted On March 12, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Reports Record Profits For 2018, Half-Billion Dollar Order Backlog

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, last week reported financial results for the fourth...
Posted On March 12, 2019
, By Loren Moss
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Bonds Loans & Derivatives Andes Conference Returns to Bogotá April 25

With ongoing uncertainty regarding the worldwide economy, the potential for investment in the Andean debt market has come under favorable scrutiny by investors looking to be well positioned for the industry surge predicted for 2019. The Bonds, Loans & Derivatives Andes 2019...
Posted On March 4, 2019
, By Loren Moss
Photo: Venezuelan opposition leader Juan Guiadó, Colombian President Iván Duque, and U.S. Vice President Mike Pence pose for a photograph showing their solidarity in Bogotá beside the Venezuelan, Colombian, and U.S. flags. (Photo credit: Presidencia de la República)
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Venezuelan Crisis Intensifies: After Deadly Border Clashes, Pence Asserts U.S. Influence in Bogotá and Maduro Cuts Ties with Colombia

 "We are here today because the real dilemma is the continuation of tyranny or the overwhelming triumph of democracy," said Iván Duque.
Posted On February 25, 2019
, By Jared Wade
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Amid Border Stalemate, Colombia Hosts Star-Studded ‘Venezuela Aid Live’ Concert Featuring Maluma, Alejandro Sanz, Luis Fonsi

The massive concert is the most high-profile development yet in a high-stakes border stalemate over humanitarian aid that has already led to the death of two people in Brazil.
Posted On February 22, 2019
, By Jared Wade
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Wingo Launches Flights from Colombia to Dominican Republic and Curaçao

Discount Colombian airline Wingo announced this week that it will launch two new flights from Bogotá to the Dominican Republic and Curacao.
Posted On February 22, 2019
, By Jared Wade
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Cabify Secures $70 Million USD Loan from IDB Invest

The financing will allow Cabify to reinforce its activity in favor of its smart cities agenda, reducing mobility costs, and improving the lives of citizens," said IDB Invest.
Posted On February 8, 2019
, By Editorial Staff
Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)
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Canada Pledges $40 Million USD in Aid for Venezuelans

The funds will be used to "help those Venezuelans who have fled to neighboring countries in recent months due to an increasingly acute food shortage."
Posted On February 5, 2019
, By Jared Wade
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Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela’s Legitimate Leader

Duque joined leaders from the United States, Brazil, Argentina, Chile, Peru, and other nations in formally breaking ties with Maduro in favor of opposition-led National Assembly head Juan Guaidó.
Posted On January 23, 2019
, By Jared Wade
AV MRO (Photo credit: Avianca)
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Avianca Transported more than 30.5 Million Passengers in 2018

The total was up 3.5% from 2017, while Avianca's RPK (revenue passenger kilometers) jumped by 8.7% year over year.
Posted On January 23, 2019
, By Jared Wade
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Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

Today, Tecnoglass Inc. (NASDAQ: TGLS), the largest Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, announced that it has entered into a joint venture agreement with French...
Posted On January 11, 2019
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Secures 10% Interest in Saturno Block in Brazilian Santos Basin

Shell, the operator of the exploration plan, and Chevron both hold a 45% interest in the block. With the deal, Ecopetrol now holds the remaining 10% stake.
Posted On December 21, 2018
, By Jared Wade
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Brian O’Neill Appointed as Executive Vice President at Inter-American Development Bank

O’Neill has some short-term experience with the IDB, serving as acting U.S. director for a five-month stint in 2008 during his time working for the U.S. Treasury.
Posted On December 20, 2018
, By Editorial Staff
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Six Killed in Massacre in Colombian Department of Meta

Officials are investigating whether the killings were related to drug trafficking, a local armed rebel group, or another factor.
Posted On December 18, 2018
, By Jared Wade
BBVA Colombia branch in Bogota, Colombia
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London Publication The Banker Names BBVA ‘Bank of the Year’ in Latin America; Banco de Bogotá Takes Top Honors in Colombia

“The importance of BBVA’s work in digital banking across the region cannot be overstated,” wrote the publication.
Posted On December 18, 2018
, By Jared Wade
Felipe Bayón (second from the right) signed the contract today in Brasila. (Photo credit: Ecopetrol)
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Ecopetrol Formalizes Joint-Exploration Contract of Brazilian Santos Basin

BP will be the operator of the exploration and has a 50% holding in the block. CNOOC has a 30% interest, with Ecopetrol having rights to 20%.
Posted On December 17, 2018
, By Jared Wade
Enjoying some fresh-roasted Colombian coffee at a farm near Salento, one of the country's top tourism destinations. (Credit: Jared Wade)
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Colombian Tourism Ministry Rolls Out New Plan Aimed to Promote Domestic Travel and Regional Tourism

“The tourist consumption of Colombians is very low,” says Juan Pablo Franky, deputy minister of tourism.
Posted On December 16, 2018
, By Jared Wade
cocoa chocolate cocao for peace (Credit: Jared Wade)
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Swiss Development Program to Invest $2.8 Million on Initiatives in Colombia to Develop Natural Cosmetics, Cacao, and Sustainable Tourism

"Together with the Colombian government, the public and private sectors can create jobs in these regions and contribute to the consolidation of peace," said Yvonne Baumann, the Swiss ambassador to Colombia.
Posted On December 15, 2018
, By Jared Wade
Oil Pump Courtesy Kobiecanka - Pixabay
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Frontera Energy to Pay Dividend of $0.33 CAD on January 17

All shareholders of record at the close of business on January 3 will be eligible to receive the dividend.
Posted On December 14, 2018
, By Jared Wade
Ricardo Lagos Chile (Photo credit: Eduardo Frei Ruiz Tagle)
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Ex-Chilean President Ricardo Lagos on Regulation: “It Is Possible to Take a Different Approach to Drugs”

"There has been a lot of progress," said Lagos. "In Chile, the fact that [legalizing] the personal consumption of medicinal cannabis is being discussed is a sign of progress."
Posted On December 11, 2018
, By Insight Crime
movistar colombia fine million ultramagic
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Telefónica Partners with AnyVision to Incorporate AI Technologies Across Europe and LatAm Business

"The two companies will work together on major projects in airports, smart cities, stadiums, and banks," stated AnyVision.
Posted On December 10, 2018
, By Jared Wade
oil drilling (Photo credit: Moni49 / Pixabay)
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Arrow Exploration Corp. to Offload Partial Interest in VMM-2 Oil Block in Middle Magdalena Basin

Arrow Exploration will bring in $5 million USD by selling a 46.9% interest in what it refers to as the the "deeper section" of the block and a 20% interest in the "shallow section."
Posted On December 10, 2018
, By Jared Wade
oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)
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Frontera Energy Signs Agreement with CGX Energy for Interest in Exploration Blocks off the Coast of Guyana

"This joint venture forms an important part of Frontera's plans to build growth for the future,” said Gabriel de Alba, chairman of the board of directors of Frontera Energy.
Posted On December 10, 2018
, By Jared Wade
candle tragedy (Image credit: Pavlofox / Pixabay)
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At Least 13 Killed in Western Colombia After Crash of Bus Carrying Basketball Team

Multiple teenage players were killed in the accident as well as one three-year-old boy, according to Colombian newspaper El Tiempo.
Posted On December 10, 2018
, By Jared Wade
Ecopetrol Reficar Coking
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Fitch Ratings Raises Ecopetrol Credit Rating to BBB

"The increase in the stand-alone credit profile is a recognition of the company's stable operating performance," stated Ecopetrol.
Posted On December 8, 2018
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Halts Block 192 Production After Pipeline Disruption in Peru

Frontera Energy had been producing an average of roughly 8,950 barrels of oil per day from Block 192.
Posted On December 4, 2018
, By Jared Wade
havaianas flip flops (Credit: Jared Wade)
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Havaianas Is Expanding in Colombia with New Stores and Local Presence

The expansion has included new stores in Cartagena and Barranquilla on the Caribbean coast in addition to the October launch of a location in Bogotá's Andino mall.
Posted On December 4, 2018
, By Jared Wade
JUAN JOSE ECHAVARRIA central bank colombia banco de la republica interest rate inflation
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Colombian Central Bank Holds Auction to Accumulate International Reserves

The put options will be in force from December 4-28, according to the Bogotá-based Banco de la República. 
Posted On December 3, 2018
, By Jared Wade
A drug lab in Caqueta, Colombia, that was producing coca paste before being busted by Colombian military. (Photo credit: Comando General de las Fuerzas Militares)
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25 Years Later: How Drug Trafficking and Criminal Organizations in Colombia Have Changed Since Pablo Escobar’s Death

A lot has changed in the country’s underworld since the fall of one of the world’s most legendary criminals.
Posted On December 3, 2018
, By Insight Crime
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Cargill Continues Investing in Colombia with Campollo Purchase

The move comes 18 months after Cargill purchased Pollos Bucanero in June 2017, indicating Cargill’s significant interest in the Colombian market.
Posted On December 3, 2018
, By Loren Moss
Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)
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Colombian Central Bank Sticks to 3% Inflation Target Rate

In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.
Posted On December 2, 2018
, By Jared Wade
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Medellín Will Host General Assembly of the Organization of American States in June 2019

Medellín will play host to the 2019 General Assembly of the Organization of American States (OAS), the hemisphere-wide non-governmental organization announced this week. The 49th edition of the annual marquee event, which the OAS said in September would be held in Colombia...
Posted On November 30, 2018
, By Jared Wade
Venezuela Protests Maduro Flag 2017 (Photo credit: Efecto Eco)
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UN Approves $9.2 Million USD in Emergency Humanitarian Aid to Venezuela

The resources will aim to fund emergency healthcare to the most vulnerable and food provisions for young children, pregnant women, and breastfeeding mothers.
Posted On November 27, 2018
, By Jared Wade
data jam 2017 rural development bogota colombia USAID MinCIT
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USAID to Host ‘DataJam’ Challenge in Cali to Develop Security Solutions

The competition will take place over 27.5 hours as participants race come up with open-data-based solutions to "citizen security" challenges.
Posted On November 26, 2018
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Completes Consent Solicitation to Amend Indenture for 2023 Senior Notes

Frontera Energy said future moves "may include accelerating or increasing share buyback programs, dividend payments, and investments."
Posted On November 26, 2018
, By Editorial Staff
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Continental Gold President Mateo Restrepo Villegas Resigns

Restrepo, who joined the company in August 2015, will leave the Toronto-based company effective November 30.
Posted On November 26, 2018
, By Jared Wade
red eagle mining SANTA ROSA GOLD PROJECT san ramon gold mine
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Canadian Mining Firm Zonte Metals Secures $1.2 Million USD in Financing

Zonte Metals will use the funds for "working capital purposes" and to finance exploration at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador.
Posted On November 22, 2018
, By Jared Wade
laboratory (Image credit: jarmoluk / Pixabay)
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Chemical Distributor Univar Inc. Opens New Sales Center in Colombia

Chemical distributor Univar Inc. (NYSE: UNVR) has opened a new sales center in Colombia that it plans to continue expanding in 2019 as it moves to further grow its business in Latin America. In a statement, the Downers Grove, Illinois-based firm said the location will be a source...
Posted On November 21, 2018
, By Jared Wade
map-of-the-world (Image credit: Yuri_B / Pixabay)
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Colombia Ranks 60th out of 63 Economies in Labor Talent Study

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."
Posted On November 20, 2018
, By Jared Wade
Photo: Iván Duque Márquez, president of Colombia, briefs reporters during the U.N. General Assembly. (Photo credit: UN Photo/Loey Felipe)
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Approval Rating of Colombian President Duque Plummets Just Months After Taking Office

Duque is down 20 points from the 47% approval rating he garnered in the previous poll toward the end of October.
Posted On November 19, 2018
, By Jared Wade
ari sussman, continental gold
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Continental Gold Announces Test Drilling Results from Veta Sur System at Buriticá Mine

The results are "helping to verify the upper boundary of the mineral reserve envelope for the Veta Sur system,” said Ari Sussman, CEO of Continental Gold.
Posted On November 19, 2018
, By Jared Wade
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Emerging Markets Will Continue to Face Sovereign Pressure in 2019, Says Fitch

The key sources of the pressure on emerging markets (EMs) over the summer remain in place, Fitch Ratings says in a new report. The impact of tighter US monetary policy, a strengthening dollar, and risks to global trade and growth will continue to be felt in 2019. EM...
Posted On November 19, 2018
, By Loren Moss
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John O’Brien of Visis: Colombians Should Consider Benefits of Investing in Australia

As the economy matures and the country becomes more globalized, many Colombians are looking abroad for the sake of diversifying investments, lifestyles, and simply to become more global citizens.
Posted On November 19, 2018
, By Loren Moss
Bancoldex President Luis Fernando Castro
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Fitch Ratings Affirms Rating for Bancóldex at BBB with a Stable Outlook

Bancoldex's "ratings and outlook should move in, line with any potential change in Colombia's ratings," said Fitch.
Posted On November 16, 2018
, By Jared Wade
Venezuela Protests Maduro Flag 2017 (Photo credit: Efecto Eco)
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Colombia Establishes Camp in Bogotá for Massive Influx of Venezuelan Migrants

"Colombian officials had been reluctant to set up refugee-style camps," reports the Associated Press.
Posted On November 15, 2018
, By Jared Wade
scotiabank colombia latin america
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Scotiabank Named LatinFinance Bank of the Year; Bancolombia Takes Top Honors in Colombia

Scotiabank is the first Canadian bank to win the top award. Bancolombia beat out last year's winner Banco de Bogotá in the Colombian category.
Posted On November 13, 2018
, By Jared Wade
oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)
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Frontera Energy Turnaround Continues with $45.1 Million USD in Net Income This Quarter

Frontera's oil-price hedges have now expired, and it believes that this will be a boon for future earnings as it tries to further move beyond its most trying financial times.
Posted On November 13, 2018
, By Jared Wade
Banco Agrario de Colombia
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Fitch Ratings Affirms Banco Agrario de Colombia’s Rating at BBB with a Stable Outlook

Though the bank's liabilities are not explicitly guaranteed by the government, Banagrario maintains a “key role” in developing national agricultural policy.
Posted On November 12, 2018
, By Jared Wade
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SURA Rolls Out Underwriting, Analytics Software to Modernize ‘Aging Core System’

"We are able to simplify the underwriting process by automating manual processes, thereby increasing operational efficiency," said Valentina Sierra Toro of SURA.
Posted On November 11, 2018
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Reports Big Jump with Profits of $866 Million in the Third Quarter Amid Surging Oil Prices

"We were able to capture the profit coming from the higher international oil prices," said Ecopetrol CEO Felipe Bayón.
Posted On November 10, 2018
, By Jared Wade
colombia flag
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Colombia Ranked 105th in World on Economic Freedom Index

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.
Posted On November 8, 2018
, By Jared Wade
Aeromexico flight (Photo credit: Luis García)
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Aeroméxico to Begin Operating Seasonal Flight from Medellín to Cancún on November 17

The inaugural flight on the new route will take off on November 17 and tickets will continue being sold for weekend-only travel through April 28 of next year
Posted On November 8, 2018
, By Jared Wade
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Tailor Made in Medellín: Almacén y Sastrería Lord, an Iconic Colombian Suit-maker, Has Stood the Test of Time

"In the 1950s, customers going to a retail store had to wear a suit," says owner Hernando Castro. "People in the city used to dress up most of the time. But we get by. There are still people who have a good taste for clothes."
Posted On November 6, 2018
, By Loren Moss
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