Colombia’s President-elect Ivan Duque on Wednesday reappointed the controversial former finance minister of his political patron, former President Alvaro Uribe. Incoming Finance Minister Alberto Carrasquilla is an economist and investment…
Colombia’s State Council confirmed that Swiss multinational Holcim took part in an international business cartel that illegally fixed cement prices. The Swiss multinational was convicted to a 923 million-peso ($300,000)…
Colombia’s peso dropped in value against the dollar on Monday after the election of the conservative Ivan Duque as the country’s new president. The price of one dollar went up…
The World Trade Organization (WTO) has called on Colombia to diversify its economy and reduce its dependency on the exports of fossil fuels. The advice followed months after the International…
Colombia’s President Juan Manuel Santos and his predecessor, Alvaro Uribe, allegedly spent $19 billion on congressmen’s pet projects. The country’s comptroller general released a report on Thursday in which he…
Renowned economist Thomas Piketty praised the economic proposals of Colombia’s leftist presidential candidate on Saturday. The Frenchman received worldwide fame in 2013 when he published the best-selling book “Capital in…
Colombia’s Inspector General said Thursday that he will investigate the CEO of state-run oil company Ecopetrol over an oil spill that causes a natural disaster. The oil czar, Felipe Bayon,…
Medellin will likely have to cut expenses to mitigate the consequences of energy company EPM’s struggle to deliver a $4 billion hydroelectric dam, according to the city’s finance secretary. The…
The Organization for Economic Cooperation and Development (OECD) has agreed to allow Colombia to become its third Latin American members. The accession of Colombia to the OECD, an intergovernmental economic organization…