The recession in Colombia is a fact, analysts of the Institute of International Finance (IFF), the global association of financial institutions, say. The recession isn’t official, because the official figures…
Colombia’s state-controlled oil company Ecopetrol SA will invest more than the $6.22 billion originally planned for 2009, the company’s top official said Saturday. Ecopetrol will raise the amount to be…
Inter-American Development Bank partners need to bolster the lender’s capital to help Latin American economies weather the global economic crisis, Colombian President Alvaro Uribe said on Friday. A top regional…
A strike at U.S. coal miner Drummond’s operations in Colombia ended on Friday after a four-day work stoppage paralyzed production, union representative Joaquin Romero told press agency Reuters. The Sintramienergetica…
The Inter-American Development Bank (IADB) approved a US$1.3 billion credit for Colombia to be invested in the fight against unemployment and improvement of the infrastructure, Colombia’s Finance Minister Oscar Ivan…
Colombian President Álvaro Uribe called on the country’s commercial sector to create quality jobs Thursday to confront the economic crisis that turned Colombia’s 10-year economic growth into a contraction of…
The Colombian state-controlled oil company Ecopetrol SA will boost production to 531,000 barrels of oil equivalent a day in 2009, the company’s chief executive, Javier Gutierrez, said Thursday. The company…
The Colombian economy contracted in the last trimester of 2008 for the first time in ten years. The country’s GDP shrunk 0.7 percent amid a global economic crisis. Colombia’s economy…
A strike at U.S. coal miner Drummond’s operations in Colombia will continue until the company agrees to improves safety and increases benefits to the family of a worker recently killed…