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Colombia paradoxically boasts many female executives despite high female unemployment, showcasing talented role models in leadership positions.

Restaurants/Hotels & Cigarettes and Alcohol also rose 0.33% & 0.22% respectively which means Colombians are still insistent on enjoying themselves.

The absolutely key takeaway from these developments is the fact that the institutions of Colombia are holding very firm.

The Peso was badly hit during the holiday period dropping 4.87% to over 5,000 once again...

Tecnoglass will be participating in the Zelman Virtual Housing Summit & the DA Davidson 21st Annual Diversified Industrials & Services Conference

In terms of consumer expectations, Colombians experienced an improvement from -7.4% to -3.5%.

Some of this may finally be starting to filter through to both the stock market and Peso - both have outperformed the region over recent sessions.

This is a country with problems, unquestionably, poverty has risen, there is discontent with the Government's actions in several respects and the current account situation speaks for itself. BUT, this is a country that for decades has built itself against a backdrop of problems...

The loan — which is the first issued by Kennedy Funding to close in Colombia — will be used to purchase 17,000 acres of vacant land in the Sucre capital.

Mortgages only represent 7% of GDP in Colombia, a lower rate than in many other Latin American countries.