FARC ‘optimistic’ about peace talks
“Alfonso Cano,” the supreme leader of Colombia’s largest rebel group FARC says he is “optimistic” about finding an end to his rebel group’s 47-year armed conflict with the state. In a...
Read MoreAuthor: Adriaan Alsema
June inflation seen at 0.22%: central bank poll
Posted by Adriaan Alsema | Jun 11, 2011 | Economy
Colombia’s inflation rate is forecast at 0.22% in June, up from 0.11 percent in the same month last year, according to a central bank poll of 42 analysts released on Friday. Latin American nations such as Colombia have...
Read MoreSantos signs ‘historic’ Victims’ law
Posted by Adriaan Alsema | Jun 11, 2011 | News
Colombia’s President Juan Manuel Santos enacted Friday a landmark “Victims’ Law” aimed at redressing the estimated 4 million victims of the country’s long-running internal conflict. It marks the...
Read MoreColombia stocks fall, led by nutresa; peso weakens
Posted by Adriaan Alsema | Jun 10, 2011 | Economy
Colombian stocks declined Friday, pulled lower by a drop in shares of Grupo Nutresa S.A. after the food company launched a public share offering at a fixed price below its trading price. The IGBC index, considered the...
Read MoreCentral bank to extend rate hikes, sees strong growth
Posted by Adriaan Alsema | Jun 10, 2011 | Economy
Colombia’s central bank is set to continue with its cycle rate hikes as the economy continues to gain speed, according to minute from the bank’s last monetary policy meeting. The minutes from the central bank’s...
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