Posted by Adriaan Alsema | Aug 8, 2011 | Economy
Colombian stocks suffered a sharp decline Monday, dragged lower by concerns over the strength of the global economy and a drop in crude prices that hurt some of the country’s key oil stocks. The COLCAP index, which...
Read MorePosted by Adriaan Alsema | Aug 8, 2011 | Economy
Colombia vehicle sales in July climbed 27% from a year ago, according to data released Monday by industry group Comite Automotor. Vehicle sales for July at the wholesale level totaled 26,799 units, far surpassing the 21,057...
Read MorePosted by Adriaan Alsema | Aug 8, 2011 | Economy
Colombian Finance Minister Juan Carlos Echeverry said on Monday he saw the peso weakening to the 1,800 level versus the dollar due to global risks. Like other emerging markets, Colombia has faced appreciation pressures against...
Read MorePosted by Adriaan Alsema | Aug 8, 2011 | Economy
Colombian President Juan Manuel Santos has said he “fortunately” is not in the position of his U.S. counterpart Barack Obama, who, unlike Santos, is facing heavy opposition in Congress. In an interview with...
Read MorePosted by Adriaan Alsema | Aug 8, 2011 | News
Colombia’s Armed Forces have “Alfonso Cano,” the supreme leader of guerrilla group FARC, “on the run,” said the commander of the National Police Sunday. National Police commander Oscar Naranjo spoke...
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