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//brazil
jeff bezos amazon web services colombia bogota
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Amazon Web Services Opens Office in Bogotá

Amazon Web Services highlighted the "growing demand and acceleration of cloud computing services" in the country.
Posted On January 20, 2017
, By Jared Wade
odebrecht
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Colombian Infrastructure Agency Calls to Void Odebrecht Highway Contract Tainted by Bribery

Prosecutors have claimed that former senator Otto Bula took a $4.6 million USD bribe to ensure Odebrecht won a bid to build a section of the Ruta del Sol highway.
Posted On January 18, 2017
, By Jared Wade
tarot imf international monetary fund economic outlook update latin america
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IMF Cuts Economic Growth Forecast for Latin America in 2017

The IMF lowered its 2017 projections for Brazil by 0.3% and Mexico by 0.6%.
Posted On January 16, 2017
, By Jared Wade
odebrecht
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Former Colombian Transportation Official Arrested for Allegedly Taking $6.5 Million USD Bribe from Odebrecht

Garcia was involved in awarding a large road project contract while serving under former President Álvaro Uribe.
Posted On January 15, 2017
, By Jared Wade
chapecoense
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Aviation Authority Confirms Chapecoense Plane Crash Caused by Aircraft Running Out of Fuel, Human Error

"No technical factor was part of the accident, everything involved human error," said Colonel Freddy Bonilla of Aerocivil.
Posted On December 27, 2016
, By Jared Wade
odebrecht
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Odebrecht Pleads Guilty Bribery Charges, Agrees to at Least 3.5 Billion USD in Penalties

Some $11 million of these bribes were made in Colombia, where officials have responded by threatening to void tainted project awards.
Posted On December 22, 2016
, By Jared Wade
Travelers leaving El Dorado International Airport in Bogotá (Photo credit: Jared Wade)
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Bogotá’s El Dorado Airport Is Latin America’s Third Biggest Hub

The only two airports in the region ahead of El Dorado are Mexico City International Airport and São Paulo–Congonhas Airport.
Posted On December 5, 2016
, By Jared Wade
citibank colombia
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Citibank Suspends Sale of Consumer Banking Operations in Colombia

"Our operation in the country, a strategic market for Citi that already has 100 years of history, will continue normally," said Citibank.
Posted On November 24, 2016
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Challenges in Colombia: “Fitch Does Not Rule Out Further Negative Rating Actions Among Colombian Banks”

Fitch's Latin American Sovereign Overview report reflects the weakness in economies throughout the region, with Colombian banks facing major headwinds.
Posted On October 14, 2016
, By Jared Wade
An Avianca Airbus A320 Jet
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Avianca Brasil Reportedly on the Verge of Selling 20% of Airline for $150 Million USD

"The sale process has started" for a one-fifth holding in the Brazilian airline.
Posted On September 30, 2016
, By Jared Wade
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