Posted by Adriaan Alsema | Oct 28, 2011 | Economy
The Colombian central bank kept its key interest rate on hold for a third straight month due to concerns over the global economy but said it could renew its rate-hike cycle if the international situation stabilizes. The decision...
Read MorePosted by Adriaan Alsema | Oct 28, 2011 | Economy
The president of Colombia’s largest private oil producer, Toronto-based Pacific Rubiales, said Friday that output remains “completely normal” despite a labor strike announced Monday by a union representing some...
Read MorePosted by Adriaan Alsema | Oct 27, 2011 | News
The Colombian state was ordered to pay reparation for non-existent victims in three massacres, a pro-military advocacy group said Thursday. According to Military Defense, a non-governmental group that offers legal assistance to...
Read MorePosted by Adriaan Alsema | Oct 27, 2011 | Economy
Colombian stocks rose Thursday, tracking the sharp gains in U.S. markets as investors cheered a deal by European leaders to try to resolve the region’s debt woes, while the peso strengthened against the dollar. The Colcap...
Read MorePosted by Adriaan Alsema | Oct 27, 2011 | Economy
The Alabama-based Drummond Co. filed a federal defamation lawsuit against a Washington labor lawyer who has campaigned publicly and in court for years trying to link its Colombia coal-mining operations to paramilitary violence...
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