Posted by Adriaan Alsema | Oct 13, 2011 | Economy
Angelino Garzon, the vice president of Colombia, is one of the most unlikely defenders of the free-trade agreement that the U.S. Congress passed late Wednesday and that this Andean nation had been awaiting for nearly five years....
Read MorePosted by Adriaan Alsema | Oct 13, 2011 | Economy
The Colombian central bank’s survey of inflation expectations for 2011 showed an increase from the previous month with analysts on average projecting prices to climb 3.43% for the year, within the central bank’s...
Read MorePosted by Adriaan Alsema | Oct 13, 2011 | Economy
U.S. clothing retailer Gap Inc. plans to open Gap and Banana Republic stores in Colombia next year, the company announced Wednesday. “Leveraging its franchise model, the company plans to open its first stores in South...
Read MorePosted by Adriaan Alsema | Oct 13, 2011 | Economy
Colombia’s President Juan Manuel Santos praised U.S. Congress’ ratification of a long-stalled free trade agreement (FTA) between the two countries in a televised speech Wednesday. According to Santos, the...
Read MorePosted by Adriaan Alsema | Oct 12, 2011 | Economy
Colombia stocks rose Wednesday fueled by a renewal of risk appetite by global investors after the European Commission set out its plan to shore up European banks. The Colcap index, considered the Colombian Stock Exchange’s...
Read More