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Colombian truckers are on strike and blocking traffic, angry about the price of diesel fuel.

El Niño who? The little boy has almost been forgotten already. Yesterday's news — as all eyes now shift to La Niña.

While the fall was slightly better than expected, the positive difference is likely not enough to radicalize the central bank into taking more drastic measures.

Hopefully, Banco de la República will this week cut those overnight rates — by at least 50 basis points — from the current 12.25%.

Gringos gone wild! “Cannabis Jimmy,” Californian pot producer caught near Medellín; Uribe's prosecution, extreme job loss, drought conditions

For 2024, Fedesarrollo is projecting GDP growth of 1.4% and a year-end CPI of 5.4%

In contrast to the year 2021 that ended with inflation of 5.62%, in 2022, historically high annual inflation was recorded for Colombia of 13.12%, that is, 7.5 points higher than the previous year, a peak level that had not been registered since 1999, 23 years ago. The...

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

Colombians are most negatively affected by the La Ñiña phenomenon are those in the lower Magdalena and Atrato river basins.

On a more optimistic note, the MSCI COLCAP finally appears to be gaining a foothold in 2021, we are no longer bottom of the pile and for foreigners in particular, there are bargains to be had.