Venezuela nationalizes French-Colombian retailer Exito
President Hugo Chavez ordered Sunday the seizure of a French-owned retail chain following accusations that it raised prices after Venezuela devalued the currency by half. “How long are we going…
President Hugo Chavez ordered Sunday the seizure of a French-owned retail chain following accusations that it raised prices after Venezuela devalued the currency by half. “How long are we going…
The Colombian stock market rose to another record high on Friday as investors anticipate an increase in commodity prices in 2010. The IGBC benchmark stock index ended 0.1% higher at…
The integration of the Peruvian, Chilean and Colombian stock markets should be completed by December 2011, an official from Peru’s securities regulator said Friday. “The first phase of the integration…
Colombian Foreign Minister Jaime Bermudez arrived in the Japanese capital of Tokyo on Friday to attend a LatAm-Asia summit and improve his country’s business relations with Asian economies. The foreign…
Colombia’s benchmark IGBC stock index closed up 0.61% at an all-time record high of 11,709.91 points Thursday, driven by high levels of liquidity and gains in some of the index’s…
Colombia’s economy grew 2% in the last quarter of 2009, pulling the country out of the recession that followed the global economic crisis, independent economic institute Fedesarollo announced on Tuesday.…
Corrupt government officials in Colombia have received some COP4 trillion (US$2 billion) in bribes in 2009, anti-corruption czar Oscar Ortiz Gonzalez, said in an interview published on Sunday. According to…
Venezuela’s devaluation of its currency will further complicate its troubled commercial relationship with neighboring Colombia, where the economy is already suffering from a breakdown in cross-border trade. President Hugo Chavez…
The Colombian TV regulator suspended the process of awarding a license to operate a third open television channel, after the inspector general questioned aspects of the procedure. Inspector General Alejandro…