Posted by Adriaan Alsema | Jan 8, 2011 | News
A Colombian judge ordered the release of one of the directors of pyramid scheme and alleged money launderer DMG. The judge ruled that former director Daniel Angel Rueda was a free man after having served 60 percent of his two...
Read MorePosted by Adriaan Alsema | Jan 8, 2011 | News
Five FARC guerrillas, three policemen and one minor were killed in a guerrilla attack on the southern Colombian town of San Vicente del Caguan Friday, local media said. According to Caracol Radio — citing the local...
Read MorePosted by Adriaan Alsema | Jan 8, 2011 | News
Colombia on Friday extradited an alleged drug trafficker dubbed “the Amphetamine Queen,” allegedly tied to the Rastrojos drug gang and wanted by U.S. justice. Beatriz Elena Henao is accused of having sent massive...
Read MorePosted by Adriaan Alsema | Jan 8, 2011 | Economy
Colombian stocks gained Friday following seven straight sessions of declines, led by a strong rebound in state-run oil firm Ecopetrol. The Colombian Stock Exchange’s IGBC index of blue-chip stocks rose 0.60% to close at...
Read MorePosted by Adriaan Alsema | Jan 7, 2011 | Economy
Colombian President Juan Manuel Santos is considering raising minimum wage for 2011 by four percent, 0.6 percentage points more than announced late December. According to a press release on the President’s website, the...
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