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Interview: ColombiaMar Naval & Military Technology Event Returns To Cartagena

Admiral Luis Fernando Márquez Velosa Explains why ColombiaMar is so important for Latin American & Caribbean Naval Defense
Posted On March 1, 2023
, By Loren Moss
Port of Cartagena (photo © Loren Moss)
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Benefitting From A Weak Peso, Colombia’s September Statistics Show A Booming Export Sector

Almost 40% of Colombia’s exports of non-mining goods were destined for Latin America and The Caribbean in September
Posted On November 8, 2022
, By Sonia Romero
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Lulo Bank From Gilinski Group Approved For Operation By Colombian Financial Superintendence

The bank will launch with almost $27 million USD of capital, and operate digitally, through apps, its (currently inoperative) website, and Gilinski group’s Servibanca network of ATMs (Automated Teller Machines) throughout Colombia.
Posted On July 1, 2021
, By Loren Moss
The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.
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Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other...
Posted On June 29, 2020
, By Loren Moss
Image by Денис Марчук from Pixabay
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Latin American Governments’ Weak Public Finances Leave Them Ill-Equipped To Battle Coronavirus Recession: Fitch

According to Fitch Ratings, Latin America sovereigns' weak public finances make them particularly vulnerable to the coronavirus crisis by limiting both their counter-cyclical policy flexibility and their ability to support post-crisis economic recoveries. The pronounced negative...
Posted On June 8, 2020
, By Loren Moss
LATAM Airlines Boeing 787-9 Dreamliner
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LATAM AIRLINES FILES BANKRUPTCY

LATAM Airlines this morning filed for Chapter 11 Bankruptcy in the US, though Quatar Airways & 2 South American Families have pledged almost $1 billion USD in support to preserve the airline & uninterrupted operations.
Posted On May 26, 2020
, By Loren Moss
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Fitch: LatAm Sovereigns Vulnerable To Next Downturn

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...
Posted On January 14, 2020
, By Loren Moss
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Avianca in SEC Filing: “We Are Currently In Payment Default”

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."
Posted On September 3, 2019
, By Loren Moss
Left to right: Victor Muñoz, Sylvia Constain, Luis Almagro
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Organization of American States Redoubles Efforts To Combat Corruption With Big Data, Artificial Intelligence & Analytics

Prior to the OAS General Assembly held last month in Medellín, Colombia, member countries of the Organization of American States proposed to strengthen the use of technology to combat corruption in The Americas. “According to the Corruption Perception Index prepared by...
Posted On August 13, 2019
, By Loren Moss
Carlos Holmes, foreign affairs minister of Colombia, announces the nation's decision to withdraw from UNASUR. (Credit: Presidencia de la República)
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Colombia Withdraws from Union of South American Nations in Duque’s First Week in Power

In April, Colombia, Brazil, Argentina, and others suspended their membership in an organization facing leadership issues and no consensus regarding relations with Venezuela.
Posted On August 11, 2018
, By Jared Wade
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