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//brazil
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
pacific exploration o'hara administration
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Pacific Exploration Sells Its Stake in Karoon Blocks Holdings in Brazil

Pacific Exploration is selling its 35% stake in the Karoon Blocks in Brazil to Karoon Gas Australia Ltd. for at least $15.5 million.
Posted On September 28, 2016
, By Jared Wade
colombia secretary treasury jacob lew santos cardenas
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U.S. Treasury Secretary Jacob Lew to Meet with Colombian President Santos Tomorrow

The secretary's mission is to consult with Colombian officials on their plans to maintain strength in public finances in a post-conflict Colombia.
Posted On September 27, 2016
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Colombia and Brazil Feel the Pain as Fitch Ratings Sets Sovereign Downgrade Record in 2016

"The record number of sovereign downgrades in 2016 overwhelmingly reflects weaknesses in emerging markets," says Tony Stringer of Fitch Ratings.
Posted On September 19, 2016
, By Jared Wade
Colombia NEC kukita shinya
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NEC Is Pioneering Biometrics, Face Recognition Security, and the Internet of Things in Colombia

Kukita Shinya discusses NEC's shifting business strategy, its work in the Internet of Things, and how biometrics is changing the financial services industry.
Posted On September 18, 2016
, By Loren Moss
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Downgraded 40% of Major Companies in Latin America Last Year

Brazilian firms took the brunt of the punishment, with 56 domestic corporates getting hit with downgrades last year.
Posted On August 25, 2016
, By Jared Wade
unisys
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Unisys Names Perla Do Amaral as New Managed Services Executive in Latin America

She will oversee Unisys teams in both Bogotá and Rionegro, Antioquia, in addition to running three other service desk operations throughout the region.
Posted On July 12, 2016
, By Jared Wade
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