Economy

The Colombian peso appreciated Wednesday as some investors started to buy pesos again after a two-day selloff.  The peso had weakened 4% on Monday and Tuesday. “During the two previous…

Colombian President Álvaro Uribe called on mayors and governors to prioritize public spending to deal with the global financial crisis. Uribe hopes a push in public spending by government bodies…

Colombia’s current account in the first half of the year registered a deficit equivalent to 2.2% of the country’s gross domestic product of the period, down from a deficit equivalent…

Unemployment in Colombia in August was half percent higher than the same month a year ago, Colombia’s statistics department informed. 11,2 percent of the Colombians last month were without a…

A day after worldwide markets plunged, Colombia’s president and finance minister both made appearances to assure investors and citizens that their money was secure, while experts said measures taken earlier…

Eight groups introduced bids to win a contract to build an 8.8-kilometer tunnel across the Colombian Central Andean Cordillera estimated to cost 719 billion Colombian pesos ($330 million), the Colombian…

The U.S. House of Representatives voted unanimously on Monday to approve a one-year extension of trade benefits for Colombia and other Latin American countries that expire at the end of…

Colombian stocks went down after U.S. Congress voted against a bailout plan for banks, but the damage literally wasn’t half as bad as it was to other markets in Latin…

The Colombian peso Monday lost 3.8% against the dollar after investors sold Colombian assets following concerns about the unfolding banking crisis in the U.S. and Europe. The peso traded at…