Posted by Adriaan Alsema | Jun 30, 2011 | Economy
Shares of Colombia’s No. 1 retail chain, Almacenes Exito fell nearly 7 percent on Thursday after the company said it was weighing issuing new shares to finance expansion plans. Exito’s board said late on Wednesday...
Read MorePosted by Adriaan Alsema | Jun 30, 2011 | News
Authorities in the southwest of Colombia raised the death toll of a bus crash in the Nariño department Wednesday to ten, among which are nine minors. Six of the fatal victims died when the school bus fell off a 1,000-foot cliff ...
Read MorePosted by Adriaan Alsema | Jun 29, 2011 | Economy
Colombian officials said Wednesday that the country isn’t facing any short-term financing needs and that there are no immediate plans to issue bonds overseas. Public Credit Director German Arce told reporters that the...
Read MorePosted by Adriaan Alsema | Jun 27, 2011 | Economy
The top Democrat on the House’s key trade panel said Monday he won’t support a pending trade pact with Colombia unless a pro-labor action plan negotiated by the Obama administration is included in the legislation....
Read MorePosted by Adriaan Alsema | Jun 27, 2011 | Guests
To optimize the potential income generated by the extraction of Colombia’s resources, it is of vital importance to get rid of drug trafficking organizations and guerrilla groups like the FARC. To do this, the country needs...
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