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The “line in the sand” fiscal rule has now gone but due to the measures taken there is the hope that the deficit will drop from the anticipated 8.6% in 2021 to 2.7% in 2026.

Minister Karen Abudinen has resigned to the metaphorical cemetery she promised during an April television interview. Though no one has accused her so far of criminal wrongdoing, questions remain as to how her office could fall victim to a quarter billion US dollar fraud without...

The main cities that adopted teleworking were Bogotá with 157,417 teleworkers; followed by Medellín with 26,569; Barranquilla with 9,213; Cali with 5,421, and Bucaramanga with 3,467 people.

We have seen a slight rebound over recent sessions as the peso recovers from the perfect storm of a lost investment grade, a wobbly oil price and forthcoming elections. Another major factor for the peso will be exports and there was good news on that front for July.

Colombia's "Comité Nacional de Paro," a coalition of labor unions and syndicalist groups has called for national strikes in Colombia for the 2nd time this year, after the government released a revised fiscal package.

Clopatofsky Ghisays, born in Cartagena in 1961, is a business administrator, with studies in Political Science at the Javeriana University, and a master's degree in Public Administration at Harvard University.

Here in Colombia the market has been crying out for new blood, we have seen multiple names such as Tablemac delist, others including Éxito who are no longer part of the MSCI COLCAP and recently Avianca which has been put on the naughty step due to Chapter 11.

The amount of powdered cocaine extracted from a single hectare of coca increased by more than one kilogram in just a year. Potential cocaine output jumped from 6.7 kilograms per hectare in 2019 to 7.9 kilograms in 2020, according to the UNODC report. Three factors are possibly...

Because this vaccine confers immunity in a single dose, this USD 25 million shipment will provide immunity to 2.5 million Colombians. After landing in Bogota, the vaccine shipment will go to the Ministry of Health’s warehouse in El Dorado international airport.

The resolution condemns Colombian President Ivan Duque by name, saying “The behavior of Colombian President Ivan Duque Marquez should be considered a grave signal in repressing the people instead of committing himself to building a dialogue with the protesters."