Posted by Wesley Tomaselli | Feb 6, 2013 | Economy
Colombian president Juan Manuel Santos on Wednesday promised to revive the country’s coffee industry after farmers have claimed that they are falling victim to climate problems and upside down price conditions. “We...
Read MorePosted by Wesley Tomaselli | Feb 6, 2013 | Economy
One of the most popular and outspoken Colombian senators on Tuesday rebuked the pending free trade agreement (FTA) between Colombia and South Korea on the grounds that it undermines industrial potential. Opposition senator Jorge...
Read MorePosted by Wesley Tomaselli | Feb 5, 2013 | Economy
The International Monetary Fund (IMF) on Monday praised Colombia for its sound macroeconomic policies, but not without a word of caution regarding the country’s dependence on oil and mining. “Overall, the economic outlook...
Read MorePosted by Wesley Tomaselli | Feb 4, 2013 | Economy
Colombia reportedly recorded a record rate of oil production in January. According to local media, Colombia produced over 1 million barrels of oil per day on average in January of 2013. In December of 2012, production nearly...
Read MorePosted by Wesley Tomaselli | Feb 4, 2013 | Economy
Add nuns, priests, and religious convents to the long list of complainants embroiled in the InterBolsa financial scandal as multiple religous officials have filed complaints against the collapsed brokerage firm. Various...
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