Brazilian authorities arrested the former top director of Colombia’s bankrupt flagship airliner Avianca on Wednesday on claims he paid bribes, according to BBC Brazil. Controversial businessman German Efromovich, was arrested…
President Ivan Duque on Sunday celebrated that 90% of Colombia’s factories have reopened, ignoring the fact that sales have collapsed. In an interview with economic magazine Dinero, the president cherry-picked…
A last-minute decision by Medellin’s mayor to sue allegedly corrupt contractors of public utilities company EPM triggered the resignation of its board of directors. Mayor Daniel Quintero said on Tuesday…
Colombia’s international trade is among the worst hit by the COVID-19 pandemic in the region, but the government appears to be ignoring international economists on how to recover. In its…
Colombia’s congress is studying the government’s 2021 budget proposal, which seeks to step up public spending to push the economic recovery of the COVID-19 crisis. According to Finance Minister Alberto…
As President Ivan Duque’s reopening of Colombia’s economy in the middle of the COVID-19 pandemic is falling apart, the crony capitalists who promoted this have a plan B: more crony…
Colombia’s unemployment rose to 21.4% in May, despite efforts to reactivate the economy that was all but shut down in March in response to the coronavirus pandemic, statistics agency DANE…
Colombia’s government is under increasing pressure from Congress and economists to stop serving private interests and implement a universal basic income to save the economy. The economic crisis caused by…
International institutions are increasingly somber about Colombia’s future as President Ivan Duque and his finance minister seem to have no response to the coronavirus crisis. The president and Finance Minister…