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//argentina
movistar colombia fine million ultramagic
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Telefonica Seeking To Spin Off Non-Brazil Latin America Operations

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a...
Posted On November 29, 2019
, By Loren Moss
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Colombia Leads The Global Financial Inclusion Microscope For 2nd Straight Year

 Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a...
Posted On November 5, 2019
, By Loren Moss
reinsurance latin america house collapse
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American Agricultural Insurance Company Approved To Issue Reinsurance In Colombia, Argentina

US based American Agricultural Insurance Company (AAIC) has announced that it is now authorized to reinsure risks based in Argentina and Colombia through the broker marketplace. The company has been named an Admitted Foreign Reinsurer in Argentina and an Approved Reinsurer in...
Posted On September 30, 2019
, By Loren Moss
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Avianca in SEC Filing: “We Are Currently In Payment Default”

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."
Posted On September 3, 2019
, By Loren Moss
Left to right: Victor Muñoz, Sylvia Constain, Luis Almagro
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Organization of American States Redoubles Efforts To Combat Corruption With Big Data, Artificial Intelligence & Analytics

Prior to the OAS General Assembly held last month in Medellín, Colombia, member countries of the Organization of American States proposed to strengthen the use of technology to combat corruption in The Americas. “According to the Corruption Perception Index prepared by...
Posted On August 13, 2019
, By Loren Moss
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Latin American Oil & Gas Maintains Low Half Cycle Costs Amid Higher Oil Prices, Says Fitch Ratings

According to ratings firm Fitch, Half-cycle costs for Latin American oil and gas companies increased only slightly in 2018 by 3 percent, versus an 11 percent increase the prior year, according to a new  report the firm issued. “The 2018 increase was caused by higher lifting...
Posted On July 30, 2019
, By Loren Moss
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Labor Unrest at Rappi?

Earlier this month, according to various eyewitness reports, around 100 independent Rappi delivery contractors burned their trademark orange merchandise totes in front of Rappi’s offices in the north of Bogotá.  Rappi delivery contractors are not employees but independent...
Posted On July 30, 2019
, By Loren Moss
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Sura Selects FRISS For Integrated P&C Claims & Fraud Detection In Personal Lines

FRISS and Guidewire Software, Inc. (NYSE: GWRE) announced last week that SURA Colombia (SURA) has deployed its integrated claims fraud detection program for motor personal lines with the FRISS accelerator for Guidewire ClaimCenter. According to FRISS, SURA Colombia is the first...
Posted On June 24, 2019
, By Loren Moss
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Multinational Executive Captured For Spying For & Funding ELN Terrorist Group In Colombia

In “Operation Poena,” conducted jointly between Colombia’s National Police, Argentina’s Federal Police and Interpol, 74 year old Argentine executive Roberto Jorge Rigoni was captured in Campana, Argentina, 90 kilometers outside of Buenos Aires. According...
Posted On May 24, 2019
, By Loren Moss
Centro Argos, under construction earlier this year.
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Bogotá #2 High End Office Market in South America says Cushman & Wakefield

Bogotá continues to consolidate itself as a leader in the high end office market according to a study performed by global real estate firm Cushman & Wakefield. According to the study, Bogotá comes in second, just after Santiago de Chile, with 167 m2 of class A space per 1,000...
Posted On April 17, 2019
, By Loren Moss
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