Colombia’s May inflation rate hits 8.2%, highest level in 15 years
Amid a severe economic slowdown, Colombia’s inflation rate reached 8.2% in May, the highest it has been since 2001 when rates hit 8.49%.
Amid a severe economic slowdown, Colombia’s inflation rate reached 8.2% in May, the highest it has been since 2001 when rates hit 8.49%.
Unless major investments are made, Colombia will run out of oil within six years, warned the president of Colombia’s oil industry association ACP. On Wednesday, association leader Francisco Lloreda said the country will…
Workers at Colombia’s Cerro Matoso ferronickel mine, the world’s second largest, have authorized a strike beginning June 14. Just the announcement of the strike authorization was enough to provoke a…
The Colombian peso weakened on Tuesday after the country’s central bank announced it would suspend an intervention policy aimed at slowing the currency’s decline. The central bank said on Friday…
Colombia’s constitutional court on Wednesday struck down a law which requires mining permits be issued exclusively by the national government, a decision which could open the way for provincial and…
65% of Colombia’s farmland is not used or underused, according to a government report published Tuesday. The Unit of Rural Agro-economic Planning (UPRA), which was given the task of measuring what…
Colombia President Juan Manuel Santos is not just suffering abysmal approval ratings among the general population; Business leaders are equally negative about their head of state.
US and Colombian labor unions said the Colombian government failed to enforce worker protections in a free trade agreement with the United States, raising questions about similar provisions in a…
Colombia on Monday introduced a subsidy for workers who have lost their jobs. The $56/month unemployment benefit can be claimed for six months after losing a job.