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Photo © Loren Moss
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Fitch Ratings: Colombian Home Prices Will Continue Continue to Rise in 2024 but Mortgage Rates Will Come Down

Fitch: "Slowing inflation in Brazil, Colombia and Mexico will lead to mortgage rates falling slightly over the next two years as monetary policy eases, although overall home price growth will constrain affordability."
Posted On December 24, 2023
, By Editorial Staff
Bricks of a record-breaking $4.6 million seizure of fentanyl and meth by the US Customs and Border Protection in 2019. (Photo credit: Jerry Glaser / US Customs and Border Protection)
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Latin American Countries Have Raised Alarms About an Increase in Medical Fentanyl Seizures

While there is some cause for concern, medical fentanyl is significantly different from the illicit fentanyl that has caused a health crisis in the US and Mexico.
Posted On October 26, 2023
, By Insight Crime
LATAM Airlines Boeing 787-9 Dreamliner
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Delta and LATAM Are Adding Six Routes in Latin America, Including Flights from Colombia to Atlanta

A second Delta flight from Bogotá to Atlanta will launch on October 29, while a seasonal route from Cartagena to Atlanta starts in December.
Posted On October 17, 2023
, By Editorial Staff
Downtown Miami skyline.
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Finance Colombia Is a Supporting Partner for the Largest Corporate and Investment Banking Event in Latin America and the Caribbean

As a Supporting Partner, we have managed to secure a 10% discount for the readers and contacts of Finance Colombia. Register today.
Posted On September 29, 2023
, By Editorial Staff
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Grupo Aval Will Pay $80 Million USD to Resolve Odebrecht Investigations by US and Colombian Authorities

The resolution brings an end to the long-running corruption and bribery saga surrounding Corficolombiana and Odebrecht's illicit attempts to gain favor with officials overseeing the Ruta del Sol 2 highway project.
Posted On August 22, 2023
, By Gustavo Mejia
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Interview: Despite Political Challenges for the Industry, JC Portal Is Looking for Ways to Support Small Colombian Miners

"If I was a big miner, I would think twice to come and invest in Colombia.," says José Portal.
Posted On August 15, 2023
, By Loren Moss
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Illegal Timber Traffickers Are Exploiting Once-Untouched Forest Around the Peru-Colombia-Brazil Border

In the Amazon’s tri-border area, illegal logging is expanding due to the low cost of land and few controls on deforestation.
Posted On August 14, 2023
, By Insight Crime
Maluma poses with the Foodology team
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LatAm Cloud Kitchen Startup Foodology Secures $17 Million in New Funding

The popular cloud kitchen startup has now raised more than $86.5 million USD and says it plans to solidify its reach in the region.
Posted On August 8, 2023
, By Elle F. Yap
Stacks of coins representing economic growth
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IMF Raises Forecast for Latin America and Caribbean GDP Growth to 1.9% for 2023

While Colombia was not included in the IMF's mid-year reassessment, the organization in April projected the nation's economy to grow by 1.0% in 2023 and 1.9% in 2024.
Posted On July 25, 2023
, By Jared Wade
Lieutenant Colonel Mario Andrés Espinosa Gonzales
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Deadly FAC Crash, Zuluaga Ensnared in Odebrecht, Benedetti Back in Venezuela: Colombia Business News Recap 2 July 2023

Colombian Air Force Crash, Petro scandal takes weird turn, Uribe acolyte charged with corruption
Posted On July 2, 2023
, By Loren Moss
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