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One week ago last Sunday, Colombian voters went to the polls to choose mayors, neighborhood councils, city councils, and governors. With some notable exceptions, elections were mostly peaceful unlike past decades, but typical localized cases of vote buying and corruption were...

Apparently upset by news reports in Finance Colombia and elsewhere, Colombia’s Minister of Agriculture Andrés Valencia Pinzón (above, black suit) has stated that the ministry’s recent resolution 350 of 2019 does not encourage shark finning, the practice of cutting off the fins of...

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new...

Colombia’s Constitutional Court invalidated several articles of the President Ivan Duque’s “Ley de Financiamiento” fiscal reform law that was approved at the end of 2018 declaring them unenforceable. This means that the government has until January 1 2020 to return to...

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within...

In order to promote the development of African Descendent communities and strengthen ties between both countries, the Ministry of Education of Colombia and the Department of Education of the United States signed a memorandum of understanding on academic cooperation in higher...

To further assist U.S. citizens in Colombia, the U.S. Citizen Services section will be visiting Medellín on Tuesday, November 19, 2019. Embassy officials will accept passport applications (Renewals and replacements) or obtain information on how to participate in the upcoming 2020...

A joint effort by US and Colombian authorities have captured 9 people in Colombia, including Colombians and a US citizen, and 1 person in New York, charged with running a human trafficking, child prostitution and pornography operation across international borders. Multiple...

Sunday’s local and gubernatorial elections in Colombia saw stunning defeats for the Centro Democratico, the political party of both current President Ivan Duque and former president Alvaro Uribe. Far left senator and former revolutionary militant Gustavo Petro also saw his hand...

Latin American securitization structures featuring pro-rata amortization and/or maturity risk may amplify uncertainty in cash flow allocation, resulting in greater dependence on credit protection and structural mechanics, says Fitch Ratings. Ratings for these structures are more...