Posted by Adriaan Alsema | Sep 22, 2011 | Economy
Labor protests against Pacific Rubiales Energy Corp. ended Wednesday with a tentative agreement brokered by the government between the company and workers. The deal puts an end to a labor protest against Toronto-based Pacific...
Read MorePosted by Adriaan Alsema | Sep 22, 2011 | News
At least three miners were killed, three were injured and four went missing in a mine blast in northeast Colombia Wednesday. According to the country’s mining authority, the incident took place in the municipality of...
Read MorePosted by Adriaan Alsema | Sep 21, 2011 | Economy
Colombia’s Colcap was sent lower Wednesday following the Fed’s move and subsequent decline in U.S. equities. The overall index declined 1.20%, though significantly less than the U.S., the major oil companies listed...
Read MorePosted by Adriaan Alsema | Sep 20, 2011 | Economy
Colombia’s Colcap dropped 0.23% Tuesday on volume of COP185.8 billion. Pacific Rubiales helped keep the index from falling further as it increased 2.46% bringing gains in the past 30 days to 10.05%. On the downside,...
Read MorePosted by Adriaan Alsema | Sep 20, 2011 | News
Suspended Bogota mayor Samuel Moreno will have to wait until noon on Friday to find out whether he will be sent to prison ahead of his corruption trial after the judge suspended proceedings. Following a marathon hearing that...
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