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Colombia

Colombia’s Housing Crisis Deepens with 15-Year Low

Colombia's housing market is in its toughest period in 15 years, with sales down 17.7% from January to March 2024, totaling 32,017 units. High inflation...

Colombia’s IMF Renegotiation Debate

Colombian President Gustavo Petro is actively seeking to renegotiate the terms of the nation's loan agreement with the International Monetary Fund (IMF). He seeks a pivotal meeting with IMF Director Kristalina Georgieva, aiming to ease...

Colombia Emerges as Leader in LatAm M&A Amid Regional Slowdown

In early 2024, Colombia was Latin America's only major market to experience growth in capital for mergers and acquisitions (M&A). This occurred amidst a general...

How to Improve Colombia’s Pension System, One of the Worst Globally

In Colombia, a crucial debate is underway about overhauling the nation's pension system, which...

Colombia Faces Stubbornly High Inflation Despite Efforts

In 2023, Colombia's inflation rate has remained well above the central bank's target of 3%, challenging economic stability despite...

Bogotá Faces Water Rationing Amid El Niño Crisis

Bogotá and its surrounding areas are preparing for water rationing this Thursday due to El Niño, which has significantly reduced reservoir levels. Mayor Carlos Fernando...

Citigroup Analysts Doubt Success of Colombia’s Pension Reform

Citigroup strategists question President Gustavo Petro's pension reform in Colombia. They believe the plan, aiming for a multi-pillar system, might...

Petro Challenges Congress After Key Reform Fails

Gustavo Petro, inspired by Pedro Castillo's rise to power in Peru, faced his own challenges when attempting to pass...

Colombian Health Reform Falters in Senate

Yesterday, a pivotal moment unfolded as the Colombian Senate's committee did not pass a...

Diplomatic Healing: Petro and Milei Resolve Crisis

In a surprising turn of events, Colombia's President Gustavo Petro and Argentina's President Javier Milei...

Colombia Expels Argentine Envoys After Harsh Critique

Colombia decided to expel Argentine diplomats after Argentine President Javier Milei's harsh words about Colombia's President Gustavo Petro on...