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After the senate rejected the referendum, Petro threatens to impose a plebiscite by decree, angering right-wing elites.

Gustavo Petro has exercised his constitutional right to replace two members of Colombia's central bank, despite howls of protest.

Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.

Colombian Finance Minister Ricardo Bonilla must be pulling his remaining hair out.

Hopefully, we will get the 1% cut that will add some stimulus to the market.

Once again, we are seeing the lack of a Colombian collective with everyone in it for themselves.

The first quarter of 2024 recovery is likely to be modest as well — in large part due to the central bank's refusal to lower rates until December.

In Colombia, some things are sacrosanct — and the fiscal rule is one of them.

The real headline grabber should be Banco de la República, which — in its infinite wisdom — has chosen to ignore the other 99% who understand that 13.25% overnight rates choke off an economy.

This is a country where banks still charge you for the privilege of looking after your money. Dickensian some would say.