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//o que e ata
GE Ferrule for Hidroituango
1

As Comptroller General Rules On Hidroituango Financial Responsibility, Mapfre Pays EPM $100 Million USD Towards Insurance Claim

Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.
Posted On September 6, 2021
, By Loren Moss
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Syndicalist Groups In Colombia Call For More Strikes After Government Releases New Tax Reform Proposal

Colombia's "Comité Nacional de Paro," a coalition of labor unions and syndicalist groups has called for national strikes in Colombia for the 2nd time this year, after the government released a revised fiscal package.
Posted On August 26, 2021
, By Loren Moss
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What Jumps Out: Back At The Desk

Here in Colombia the market has been crying out for new blood, we have seen multiple names such as Tablemac delist, others including Éxito who are no longer part of the MSCI COLCAP and recently Avianca which has been put on the naughty step due to Chapter 11.
Posted On August 18, 2021
, By Rupert Stebbings
Cocaine laboratory in Tolima dismantled, courtesy Colombian Air Force
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Insight Crime: Colombia Producing Record High Quantities Of Cocaine

The amount of powdered cocaine extracted from a single hectare of coca increased by more than one kilogram in just a year. Potential cocaine output jumped from 6.7 kilograms per hectare in 2019 to 7.9 kilograms in 2020, according to the UNODC report. Three factors are possibly...
Posted On August 1, 2021
, By Insight Crime
Sprößer was detained then deported by Colombian Migration (photo: Migración Colombia)
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Colombian Government Expels German Tourist Taking Part In Deadly Protests, Bans Entry For 10 Years

Sprößer, whose visa would have expired after 90 days, said she would not be returning to Germany, but planned to give classes on politics and economics to protesters. “I have never felt very German, I have always liked Latin America,” she told El Tiempo. Sprößer is now banned...
Posted On August 1, 2021
, By Loren Moss
Image by vkingxl from Pixabay
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Fitch Downgrades Colombia Credit Rating To Junk, Losing Investment Grade Held Since 2011

Colombia's gross general government debt to GDP ratio is forecast to reach 60.8% in 2021, more than double the 30% level when Fitch upgraded Colombia back to the 'BBB' category in 2011.
Posted On July 2, 2021
, By Loren Moss
Yesterday a Colombian air force Boeing 767 arrived in Bogotá from Memphis, Tennessee in the United States carrying 2.5 million Janssen vaccines donated by the US government.
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US Government Donates 2.5 Million Single-Dose Janssen Covid-19 Vaccines To Colombia

Because this vaccine confers immunity in a single dose, this USD 25 million shipment will provide immunity to 2.5 million Colombians. After landing in Bogota, the vaccine shipment will go to the Ministry of Health’s warehouse in El Dorado international airport.
Posted On July 2, 2021
, By Loren Moss
2

Colombia President Attacked During Flight; Helicopter Shot 6 Times

The helicopter carrying Colombian President Ivan Duque was shot 6 times as it approached the airport in Cúcuta, a Colombian city that borders Venezuela. The US-made Black Hawk military helicopter was able to land safely after taking fire.
Posted On June 26, 2021
, By Loren Moss
1

Interview: Medellín City Councilman Daniel Carvalho On The EPM Crisis, Medellín Governance & Colombia Unrest

City council member Daniel Carvalho has said enough is enough, and that the mayor’s mismanagement is putting Colombia’s second largest enterprise and Medellín’s single largest municipal revenue source at grave risk.
Posted On June 23, 2021
, By Loren Moss
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
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