Economy

The United States dollar Monday dipped below 2,000 pesos at 1,997.50 for the first time in months. The U.S. currency ended at COP2.015.40 at the end of the trading day.…

Representatives of Colombia, Peru and Ecuador started talks with representatives of the European Union Monday about pending free trade agreements. The Andean diplomats are meeting the representatives of the European…

Colombia’s Finance Ministry expect economic growth in 2010 to be 2.5 percent. The target for the country’s fiscal deficit next year was set at 3.5 percent of the BDP. The…

The global financial crisis and the revaluation of Colombia’s peso are a hitting the country’s flower industry “dramatically,” the flower growers’ association said Sunday. According to Augusto Solano, president of…

Now the Colombian Peso hit a nine-record high and is close to diving beneath the 2,000 COP/USD, the currency’s trend calls the attention once more in the middle of a…

Corferias, the corporation that organizes conferences and conventions in Bogota and is one of the most important exhibition centers in Colombia, wants to expand its activities to other cities and…

Colombian cotton growers want to sue U.S. agricultural company Monsanto for selling them a bad genetically engineered seed that caused damage to crops. According to the cotton growers, the seed…

The World Bank regional director announced that the global monetary organization will loan US$650 million to Colombia. US$300 million will be spent on governmental expansion programs in the financial sector,…

Colombia’s national government Monday asked Congress to put several labor reform projects on hold until more is known about the behavior of the global financial crisis. The 60 projects include…