Colombia’s monthly average salary is less than half the global average of $1,480, according to figures from the BBC and the International Labor Organization. Colombia, with an average monthly salary…
Colombia has eased its short-term debt burden on Tuesday in a record 6.5 trillion pesos ($3.52 billion) swap for longer-term bonds as Latin America’s No. 5 economy cashed in on…
U.S. customs officials found $600,000 worth of currency in two shipments of tortilla presses bound for Bogota, according to a press release Tuesday. After noticing an anomaly in the x-ray of…
Police have seized more than $2.5 million worth of counterfeit bills and arrested two Colombians during a raid on a clandestine printing factory in Bogota, reported El Espectador. In the…
A report released by the General Accounting Office revealed that the state paid out COP1.1 trillion ($551 million) in 2010 as a result of court rulings against it, El Espectador…
Colombian airline Avianca will replace its Fokker 100 aircraft with the Airbus 318 on national flights announced Avianca President Fabio Villegas. Villegas said that the changeover will take place in…
$2.47 million worth of counterfeit American bills were seized from a clandestine money printing factory in Bogota, reported Radio Santa Fe. The Prosecutor General’s Office announced on Monday that their…
A Bogota judge has announced that the more than $100 million (200 billion COP) seized in five operations in the capital last year can be spent by the government, El…
Mmm… What’s cooking? Well – for one extremely unfortunate Colombian family living in Spain who stored their savings in the oven – about $25,000 in cash. This is the story…