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Breaking News: Former Avianca Chairman Germán Efromovich Arrested On Corruption & Bribery Charges

Former Avianca chairman Germán Efromovich along with his brother José have been arrested in Brazil on charges of bribery and corruption as part of the Lava Jato investigation.

Posted OnAugust 19, 2020

, ByLoren Moss

The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.

Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other...

Posted OnJune 29, 2020

, ByLoren Moss

While The Global Aviation Industry Faces Crisis, Viva Air Remains In Growth Mode: Exclusive Interview With CEO Felix Antelo

Viva Air CEO Felix Antelo Tells Finance Colombia why the airline remains optimistic, and discusses its growth both domestically, and with new routes coming to the US, the Caribbean, & Ecuador.

Posted OnMay 17, 2020

, ByLoren Moss

Coronavirus A Threat To Colombia, Latam Economies, Even Without Infections Says Fitch

Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.

Posted OnFebruary 27, 2020

, ByLoren Moss

Guest Opinion: A Signal of Caution For Direct Investment in Colombia—Über VP of Global Public Policy

Über's Vice President Justin Kintz shares thoughts on the disappointing environment in Colombia for ride-sharing & alternative transportation methods.

Posted OnJanuary 16, 2020

, ByJustin Kintz

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Fitch: LatAm Sovereigns Vulnerable To Next Downturn

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...

Posted OnJanuary 14, 2020

, ByLoren Moss

Protesters in the Colombian capital of Bogotá, Colombia: EEIM – CC BY-SA 4.0,

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Explainer: Why Are Colombians Protesting & Striking?

On November 21, massive protests took place throughout Colombia; the largest at least since 1977, over 40 years ago. Though limited labor union strikes and university student protests are fairly common in Colombia, this was a public action unseen in Colombia for at least two...

Posted OnDecember 2, 2019

, ByLoren Moss

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Analysis: What does Colombia’s “Day of Rage” mean for Business & Politics?

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of...

Posted OnNovember 22, 2019

, ByLoren Moss

A soldier mans his security post in Cúcuta. (Credit: National Police of Colombia)

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Opinion: Latin Spring = Danger for Investors

Massive protests have erupted in Chile, Ecuador, and Bolivia. The potential for more in other Latin American countries has some folks calling it the Latin Spring. The causes of the outbreaks vary, but there’s a common thread and it spells danger for investors—and everyone.

Posted OnNovember 4, 2019

, ByLobo Tiggre