Colombia is prepared to withstand the worldwide financial tremors that have rocked markets this week, Finance Minister Oscar Zuluaga said on Tuesday. “We are well prepared,” Zuluaga told reporters. “Our…
The Colombian peso Wednesday weakened Wednesday at the opening of the session amid uncertainty in global financial markets in spite of an emergency rescue plan for heavyweight American International Group…
Colombian coffee exports fell 40 percent in August compared to last year, a drop the Federation of Colombian Coffee Growers attributed to the season. Grain production also fell 28 percent.…
The discovery of a oil well in Llanos Orientales estimated at 100 million barrels of crude — more than all other reserves discovered this year — was announced Tuesday by…
Colombia’s peso opened down 1.9 percent at 2,090 pesos to the U.S. dollar amid market jitters over Lehman Brothers’ filing for bankruptcy. The Colombian currency closed trading on Friday at…
Colombian President Álvaro Uribe will travel to Washington Tuesday to join the last-ditch lobbying efforts to get the U.S. Congress to pass a bilateral free trade agreement in its post-election…
The Colombian bankers’ association Asobancaria demands the Colombian government cuts in its spending to battle the ongoing inflation and interest rates. “The annual inflation reached 7,87 percent last august…
Colombia’s state-controlled oil company Ecopetrol SA ECO.CN on Friday filed with U.S. regulators to register 20 million American depositary shares at a maximum aggregate price of 5 cents each. Each…
Colombian economy appears headed for flat growth, if not a slowdown, say analysts as in the first seven months of 2008 production dipped 0.2 percent and total sales 0.4 percent…