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//colombia
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Colombia’s Sovereign Credit Rating Downgraded To BBB- By Fitch

Fitch Ratings has downgraded Colombia's Long-Term Foreign Currency Issuer Default Rating (IDR) to 'BBB-' from 'BBB'. The Rating Outlook remains Negative.
Posted On April 6, 2020
, By Loren Moss
Foto: Efraín Herrera - Presidencia
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South Korea To Donate Respirators Medical Equipment, Expertise To Colombia

Colombian President Ivan Duque announced yesterday that the government of South Korea will provide Colombia with rapid Coronavirus COVID-19 detection tests, respirators and other health equipment and expertise to assist the Andean country in the fight against the global pandemic....
Posted On April 3, 2020
, By Loren Moss
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Predicts Avianca, Digicel & Odebrect Will Be Unable To Repay Debt Due This Year

In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers.
Posted On March 31, 2020
, By Loren Moss
Photo credit Richard McColl, Flickr
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Insight Crime: Colombia’s Rainforests, Natural Areas Suffer As Park Rangers Threatened By Ex-FARC Mafia

According to an Insight Crime report, continued threats by criminal groups have led park rangers in Colombia’s protected areas of the Amazon rainforest to abandon their posts, leaving these territories to fall under the control of gangs.
Posted On March 29, 2020
, By Insight Crime
Above photo: Kalmar gantry cranes operating at the SPRC Container Terminal in Cartagena Columbia (courtesy of Kalmar)
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Colombian Government Confirms Cargo Imports & Exports, Mining, Energy, Agriculture To Continue Through Curfew

The Colombian government has clarified that foreign trade (import/export), agriculture, energy and mining activities may continue during the mandatory Coronavirus COVID-19 Curfew now in effect.
Posted On March 29, 2020
, By Loren Moss
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Singularity Summit: Deloitte’s Duleesha Kulasooriya Examines Colombia’s Orange Economy Initiative

Finance Colombia's Loren Moss talks with Duleesha Kulasooriya, executive director of Deloitte's Center For The Edge on how disruptive transformation can benefit developing economies...but the right strategy is the key to success.
Posted On March 28, 2020
, By Loren Moss
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Breaking News: Mandatory National Curfew In Colombia Until April 13

Colombia’s President Ivan Duque Márquez announced late last night that even though municipal curfews were due to expire Tuesday morning, the national government has declared a national 24 hour curfew beginning Tuesday at midnight until midnight, April 13 in order to retard the...
Posted On March 21, 2020
, By Loren Moss
Photo from the Twitter account @nicolasgarciab of the governor of Cundinamarca and former mayor of Mosquera Nicolás García Bustos
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Colombian Woman Returning From US Facing Up To 8 Years Prison For Violating Quarantine To Drink Liquor & Eat Barbecue; American Husband To Be Deported

Earlier this week a Colombian woman and her American husband were arrested by Colombian authorities for violating quarantine orders after arriving from California, in the US. The couple were told to abide by a mandatory quarantine order that could be served in their hotel, but...
Posted On March 19, 2020
, By Loren Moss
One of Avianca new 787s at Medellin's Airport
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Avianca To Halt International Operations, Reduce Domestic Operations By 84%

Avianca Airlines announced this afternoon that as of March 23, the carrier will completely suspend its international operations. The domestic operation will continue at 16% of capacity from Bogotá to certain destinations within Colombia.
Posted On March 19, 2020
, By Loren Moss
The partial imported beer selection at La Casa Solariega Restaurant serving European continental cuisine in Santa Fé de Antioquia, Colombia. © Loren Moss
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Colombian Government Orders All Bars, Clubs, Casinos, Family Amusement Closed Immediately To The Public

Today, Colombia’s Ministers of Health and Social Protection and Commerce, Industry and Tourism (MinCIT) ordered all places of public gathering such as nightclubs, casinos, family fun centers, amusement parks, and meeting places closed, at least until April 15.
Posted On March 19, 2020
, By Loren Moss
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