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Colombia Approves Delta Airlines – LATAM Joint Venture, Chile Has Yet To Rule

The joint venture between Delta and LATAM airlines has been in the works since 2020, after Delta managed to break LATAM's long-standing business partnership with American Airlines in order to strengthen its presence in Latin American markets.
Posted On May 14, 2021
, By Loren Moss
Khiron CEO Álvaro Torres & Finance Colombia Executive Editor Loren Moss on a Webex call
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Khiron Life Sciences CEO Álvaro Torres Discusses The Cannabis Company’s Unique Go-To-Market Strategy & Its Network Of Zerenia Integrative Care Clinics

Like several other companies in Colombia, Khiron (TSX.V: KHRNF) cultivates and processes cannabis at its agricultural facilities in Ibagué, Tolima. But Khiron takes the unique approach of launching and operating a chain of integrative medical clinics under its Zerenia brand,...
Posted On April 3, 2021
, By Loren Moss
Felix Antelo (left) of VIva Air and Matias Laks of Rappi
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Rappi & Viva Air Sign Pact To Offer Flights Via Rappi App

Colombian technology unicorn Rappi and low-cost carrier Viva Air have announced a deal that will allow Rappi users to purchase flights directly from the Rappi app to Viva’s domestic and international destinations.
Posted On March 10, 2021
, By Loren Moss
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Colombia’s 2020 Homicide Rate On Par With México, Exceeds El Salvador & Haiti says Insight Crime

While the homicide rate in Colombia fell again in 2020, the nation struggled to confront a number of other security threats. The 12,018 homicides recorded across the country last year marked a murder rate of 24.3 per 100,000 people, down just over six percent from the total...
Posted On January 29, 2021
, By Insight Crime
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
LATAM Fine colombia
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Latin American Corporate Defaults Expected To Rise, says Fitch

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
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
medical marijuana cannabis khiron life sciences pharmacielo new colombia resources (Credit: futurefilmworks / Pixabay)
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Khiron Life Sciences Receives High THC Marijuana Cultivation Quotas From Colombian Regulators

Khiron Life Sciences this week announced that it has received manufacturing quotas from the Colombian TQG that authorize the company to manufacture high-THC whole plant extract for both export and domestic purposes.
Posted On March 9, 2020
, By Loren Moss
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Coronavirus A Threat To Colombia, Latam Economies, Even Without Infections Says Fitch

Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Posted On February 27, 2020
, By Loren Moss
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Colombian Event Platform Rebus Raises $415,000 Seed Round

Rebus, a Colombian event and ticketing platform launched in 2017 and led by co-founder Juliana Villalba Torres, has raised $415,000 in seed funding from several angel investors, including Angel Ventures, Magma Partners, Enlaces, Quake Capital, Avalancha Ventures and several...
Posted On January 29, 2020
, By Loren Moss
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