Colombia’s finance minister expects 5% growth next year (video)
Colombia’s finance minister told Bloomberg Thursday he is expecting a 5% growth in his country’s GDP in 2012, despite economic turmoil around the world.
Read MoreAuthor: Adriaan Alsema
Colombia’s finance minister sees peso trading around COP1,900
Posted by Adriaan Alsema | Sep 29, 2011 | Economy
The Colombian peso is unlikely to depreciate much more and should trade around the COP1,900 level, Colombia Finance Minister Juan Carlos Echeverry told Dow Jones Newswires Thursday. “I was not that happy with the peso in...
Read MorePalestinian president to visit Colombia to lobby for UN membership
Posted by Adriaan Alsema | Sep 29, 2011 | News
Palestinian President Mahmud Abbas will visit Colombia to convince the country to vote in favor of allowing the Palestinians membership to the United Nations, Foreign Minister Riyad al-Malki said Thursday. According to Al-Malki,...
Read MoreStocks fall on oil shares; Peso weakens sharply
Posted by Adriaan Alsema | Sep 29, 2011 | Economy
Colombian stocks retreated Wednesday, once again pushed lower by a drop in oil stocks, while the peso weakened sharply against the U.S. dollar. The Colcap index, the mostly widely used benchmark for Colombian stocks, fell 0.45%...
Read MoreColombia trade deal should not be delayed: US envoy
Posted by Adriaan Alsema | Sep 28, 2011 | Economy
Fresh concerns raised by the largest U.S. labor organization over human rights violations in Colombia are valid, but should not slow down congressional approval of a free trade pact with that country in coming weeks, the U.S....
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