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//colombia
Image by Денис Марчук from Pixabay
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Latin American Governments’ Weak Public Finances Leave Them Ill-Equipped To Battle Coronavirus Recession: Fitch

According to Fitch Ratings, Latin America sovereigns' weak public finances make them particularly vulnerable to the coronavirus crisis by limiting both their counter-cyclical policy flexibility and their ability to support post-crisis economic recoveries. The pronounced negative...
Posted On June 8, 2020
, By Loren Moss
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Colombia Coordinating Humanitarian Repatriation Flights For Citizens Stranded Abroad

The Colombian government continues to arrange humanitarian flights to repatriate its citizens stranded abroad. To participate, Colombians must have previously registered with their respective Colombian Consulates to qualify for these flights, and must pay the ticket cost.
Posted On June 1, 2020
, By Loren Moss
1

Colombian Government Makes Work-From-Home The Law For All Public & Private Companies Whenever Possible

The Colombian government has decreed that all government or private-sector employees that can work from home, must work from home as a response to the Coronavirus Pandemic.
Posted On June 1, 2020
, By Loren Moss
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Colombia To Permit International Flights From September 1, Reopens Ticket Sales

Colombia's government announced that Colombia’s airports will reopen to international flights beginning September 1. Domestic flights are expected to resume July 1, as the national curfew is slated to end June 30, though this has not been confirmed.
Posted On May 31, 2020
, By Loren Moss
Colombia's Tatacoa Desert image by Makalu from Pixabay 
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Fitch: Real GDP Will Fall 4.5% in Colombia & 3.9% In Chile; Countries Will Struggle To Recover

Further reductions to our growth forecasts for Chile (A/Negative) and Colombia (BBB-/Negative) due to the coronavirus pandemic will mean faster increases in budget deficits and public debt this year, Fitch Ratings says. The ability to develop credible medium-term plans to reverse...
Posted On May 25, 2020
, By Loren Moss
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Caldas Gold Releases Q1 2020 Results

Caldas Gold production totaled 5,901 ounces of gold and 9,012 ounces of silver in the first quarter of 2020 compared with 6,215 ounces of gold and 9,839 ounces of silver in the first quarter of 2019.
Posted On May 25, 2020
, By Loren Moss
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Fitch Rates Banco GNB Sudameris’ Upcoming Tier 2 Notes ‘BB-(EXP)’

Fitch Ratings has assigned Banco GNB Sudameris S.A.'s (GNB) upcoming issue of U.S. dollar-denominated, 11-year Tier 2 notes an expected long-term rating of 'BB-(EXP)'.
Posted On May 25, 2020
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Announces Q1 2020 Results

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced last week the Ecopetrol Group’s financial results for the first quarter of 2020, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. Table 1: Financial Summary of Income...
Posted On May 25, 2020
, By Loren Moss
Photo courtesy Migración Colombia via Twitter
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Guest Analysis: Migration Colombia Adjusts Procedures For Visas & Renewals Due To COVID-19

According to experts and attorneys at Expat Group, Colombia’s foreign ministry and immigration authority, Migración Colombia have taken measures to accommodate those foreign nationals that find themselves within Colombia’s borders during the Coronavirus COVID-19 Pandemic and the...
Posted On May 25, 2020
, By Jaime Aristizabal
Avianca 787 united airlines
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Liquidation Begins Of Avianca Peru

Avianca has begun dissolving its Peru subsidiary and will no longer fly domestic flights in the country. In the future, Avianca says it will continue to serve routes to and from Peru through its airline subsidiaries in Colombia, El Salvador and Ecuador, once the restrictions...
Posted On May 24, 2020
, By Loren Moss
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