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Tag

//Gustavo Petro

Fitch Affirms BB+ Rating for Colombia as Country’s Future Prospects Stabilize

Colombia has maintained its BB+ credit rating despite high inflation numbers and the loss of Petro’s supermajority.
Posted On August 3, 2023
, By Elle F. Yap
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Does Colombia Have Its Own “Hunter Biden” Problem? – Colombia Business News Recap

"Heaven has no Rage, like Love to Hatred turned, Nor Hell a Fury, like a Woman scorned." - The Mourning Bride (Act III Scene 2) by William Congreve.
Posted On July 31, 2023
, By Loren Moss
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: The Elephant in the Room

President Petro's son, Nicolas Petro, has been arrested. The key here is that the president called for the investigation and has stepped away.
Posted On July 31, 2023
, By Rupert Stebbings
(l-r) Nicolas Petro, Day Vasquez, Gustavo Petro (photo: Petro presidential campaign)
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Son of Colombian President Gustavo Petro Arrested On Corruption Charges, Nexus With Narcotraffickers

The charges against his son result from an investigation that the President himself called for.
Posted On July 29, 2023
, By Gustavo Mejia
León de Greiff Auditorium, National University of Colombia, 7 March 2007. Photo credit Julián Ortega Martinez
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Kidnappings Spiked by 93% in Colombia During the First Half of 2023

There have been 173 cases recorded this year, compared to the 80 carried out during the same period in 2022 — and the real number may be even higher.
Posted On July 24, 2023
, By Insight Crime
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: A Slow Week in Colombia? Famous Last Words

Congress is back (collective groan), and the word "reform" is set to dominate the agenda between now and the arrival of Father Christmas.
Posted On July 24, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Looking at the Odebrecht Fallout and This Week’s Economic Data

The political scandal that saw President Petro's coalition implode and the de facto suspension of the reform process was little more than a tremor on the Colombian Richter scale. Now the earth is properly moving.
Posted On July 8, 2023
, By Rupert Stebbings
Beijing skyline
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Report: Colombia Is Unprepared for Potential Influx of Chinese Companies and Funding

"Institutions with a control and oversight role will be challenged by issues arising from Chinese infrastructure companies," according to the Colombia Risk Analysis report.
Posted On July 2, 2023
, By Elle F. Yap
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
Image by Markus Distrelrath from Pixabay
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Fitch Says Weak Global Growth Pressuring Latin American Corporates

Colombia's local bond market has dried up as a financing alternative for corporates.
Posted On June 28, 2023
, By Loren Moss
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