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//juan manuel santos
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Open, Inclusive Growth Is the Path Forward for Colombia’s Economy, Says President Santos

“Parts of Colombia haven’t grown at all for years because of the conflict and the absence of the state," said President Juan Manuel Santos.
Posted On June 25, 2016
, By Jared Wade
Colombia's President Juan Manuel Santos odebrecht
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President Santos Sets July 20 Deadline for Peace, Warns of Tax Increase if Colombia Cannot Reach Deal with FARC

"If the war continues we'll have to raise taxes to finance it," said Colombian President Juan Manuel Santos.
Posted On June 20, 2016
, By Jared Wade
juan manuel santos
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President Santos: Colombia Could Return to War if People Vote Against Peace Deal

"We will go back to the state of war” if the peace deal doesn't pass the popular vote, said Santos during the first day of a World Economic Forum event in Medellín.
Posted On June 17, 2016
, By Jared Wade
Colombian Guided Missile Frigate Caldas
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ICJ Rules Against Colombia in Territorial Fight with Nicaragua; President Santos Says Colombia Will Defend Territory ‘Until Death’

“Colombians can be sure that, all united, we are going to continue defending to the last centimeter our territory," said Colombian President Juan Manuel Santos.
Posted On March 21, 2016
, By Loren Moss
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Presidents Obama, Santos Mark 15 Years of Bilateral Plan Colombia; Discuss Peace Process, Combating Crime, Zika Virus

Last week, Colombian President Juan Manuel Santos visited US President Barack Obama in the White House to discuss ongoing issues, and commemorate 15 years of US diplomatic, military, and social aid to Colombia via the package known as Plan Colombia. Colombia and Chile are the...
Posted On February 15, 2016
, By Loren Moss
Photo courtesy jarp - pixabay
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Canadian Owned PharmaCielo Asks Colombian Government For Medical Marijuana License

Privately held PharmaCielo Ltd. today announced that its Rionegro, Colombia based subsidiary, PharmaCielo Colombia Holdings S.A.S. has submitted its formal application to Minsalud, Colombia’s Ministry of Health, and the Consejo Nacional de Estupefacientes (National Drugs Council)...
Posted On February 3, 2016
, By Loren Moss
cropped Photo of Isagen HQ courtesy Isagen
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Colombia’s Stake In Isagen Sold To Brookfield Renewable Energy For $2 Billion USD

Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN)(NYSE:BEP) has committed to acquire 57.6% of the outstanding common shares of Medellín based Isagen S.A. (BVC:ISAGEN) from the Colombian government. In an auction held at 8am today that had only Brookfield as a bidder, the...
Posted On January 13, 2016
, By Loren Moss
cropped Photo of Isagen building HQ courtesy Isagen
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An Auction of One? Only Brookfield Remains As Bidder For Tomorrow’s Pending Isagen Sale

After Colbun dropped out of bidding last Friday (causing Colbun’s stock to rally strongly, up of 3.2%), only one bidder remains in contention for tomorrow’s January 13 auction for Colombian government controlled power producer, Isagen. Isagen is the third largest energy producer,...
Posted On January 12, 2016
, By Loren Moss
Sogamoso Is Isasgen's Most Recent Hydroelectric Project (Photo courtesy Isagen)
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Isagen Auction Slated For Wednesday, Canadian & Chilean Firms Brookfield & Colbún To Vie For The Colombian Power Generator

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...
Posted On January 10, 2016
, By Loren Moss
Colombia's President Juan Manuel Santos odebrecht
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Colombia’s Unemployment Rate Falls To 7.3%; Lowest In 15 Years

Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...
Posted On December 31, 2015
, By Loren Moss
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