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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.

The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February.

The funds will significantly reduce the interest rate of some 77,000 mortgages that officials say will be generated by plan.