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//congress
Gustavo Petro and Ivan Duque, the left and right coalition candidates in the 2018 presidential election in Colombia. (Photo credit: Prensa de Bogotá / Leoboud)
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Petro, Duque To Be Left and Right Coalition Candidates in Colombian Presidential Race; Congress Split Across Five Leading Parties

These two coalition leaders will face off, along with others, in the May 27 election to replace outgoing two-term President Juan Manuel Santos.
Posted On March 11, 2018
, By Jared Wade
colombia corruption panama papers (Image credit: Vexels)
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Colombian Corruption: How Seven Scandals Have Rocked a Nation and Eroded Faith in Justice

From Odebrecht and the Panama Papers to court and Congress officials accepting bribes, Colombians are increasingly fed up with their nation's pervasive corruption.
Posted On December 6, 2017
, By Mark Kennedy
Colombia President Election 2018
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Will Colombia’s Next President Embrace the Private Sector? Breaking Down the Candidates

We profile some of the top contenders to analyze who is most likely to create a welcoming climate for the private sector.
Posted On October 25, 2017
, By Mark Kennedy
mauricio cardenas colombia finance minister tax reform ecopetrol
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Colombian Congress Approves $81.3 Billion USD Budget for 2018

"This is a government of austerity," said Finance Minister Mauricio Cárdenas about a budget that is below the 2017 levels in real terms.
Posted On September 14, 2017
, By Jared Wade
Mauricio Cárdenas, Ministro de Hacienda y Crédito Público. Presidente de la Junta Directiva. Archivo Banco de la República. Fotografía Juan Enrique Rodríguez.
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Colombian Government to Cut Spending by more than $1.6 Billion USD in 2018 to Reduce Deficit, Says Finance Minister

"We will continue to reduce spending with the objective of hitting fiscal targets and reinforcing our country’s BBB rating,” said Mauricio Cárdenas.
Posted On July 17, 2017
, By Jared Wade
paris agreement colombia climate change carbon dioxide emissions
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Colombian Legislators Ratify Paris Agreement to Curb Carbon Emissions in 92-0 Vote

Because the nation generates around two-thirds of its energy through hydropower, the required emissions cut should be less daunting for Colombia than many other countries.
Posted On June 19, 2017
, By Jared Wade
juan manuel santos colombia peace odebrecht
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Colombian Congress Approves Peace Accord in Final Hurdle to End Half-Century of Conflict

After a series of fits and stops that threatened to derail a historic year, Colombia may finally be peace.
Posted On December 1, 2016
, By Jared Wade
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Colombia’s Minimum Wage For 2016 Set At $689,455 Pesos ($217 USD) Per Month. Congress To Get $8,426 USD Per Month

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Posted On December 31, 2015
, By Loren Moss
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