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Avianca indicated that the restrictions were necessitated by “the constant restrictions in different countries in terms of limitation of the entry of tourists, operational reductions, as well as mobility within cities, and the high uncertainty that passengers still have."

While the homicide rate in Colombia fell again in 2020, the nation struggled to confront a number of other security threats. The 12,018 homicides recorded across the country last year marked a murder rate of 24.3 per 100,000 people, down just over six percent from the total...

he fact that Ecopetrol has gone public with its intentions indicates the near certainty that a deal has been agreed upon in advance within Colombia’s government. It also reveals an intention of the Colombian government to raise cash without further direct indebtedness, by selling...

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.

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...

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.

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.

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

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...

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...