Colombia introduces $56/month unemployment benefit
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.
Economy
No deal is better than a bad deal: 4 years of US-Colombia free trade pact
Since a free trade agreement between the United States and Colombia came into force on May 15, 2012, exports from Colombia to the US have been cut in half while violence against labor…
Colombia’s March exports plummet 33% on year
Colombia’s exports plummeted by 33.4% in March compared with the same month of 2015, according to the country’s statistics agency.
Panama vows to share tax information with Colombia
Following global embarrassment over The Panama Papers, the central American country agreed to share tax information with Colombia, tightening the net around its South American neighbor’s tax evaders.
Bogota seeks to privatize public telecommunication company ETB
Mayor Enrique Peñalosa asked Bogota’s city council for permission to sell the government’s stock in telecommunication company ETB, just weeks after the privatization of an energy company caused major protests.
Colombia’s economic outlook darkens: report
Colombia’s economy is facing a bleak few years before it’ll be able to crawl out of its economic slump, according to a newly released report.
Oil production in Colombia down 4% in March
Crude oil production in Colombia came in at an average of 916,000 barrels per day in March, down 4% from the previous month’s total of 955,000 bpd, the Mines and…
Colombia’s education minister receives damning OECD report
Colombia’s education minister came in for severe criticism from the Organization for Economic Co-operation and Development (OECD) on Thursday at the presentation of a report on education in the South American country.
Colombia’s peso on the rebound following surge in global oil prices
Following a year-and-a-half decline during which Colombia’s peso lost approximately 40% of its value, the currency seems to be recovering and has remained below the COP3000 mark for a week.