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Colombia

ELN Resumes Kidnapping Amid Faltering Peace Talks

Colombia's ELN rebel group has resumed kidnappings, claiming the government failed to honor peace deals. The organization claims that the Colombian government failed to set...

Petro’s Push: Redefining Colombia’s Trade Strategy with the U.S.

As Colombia marks the twelfth year of its Free Trade Agreement (FTA) with the United States, President Gustavo Petro's administration is poised to significantly reshape this international economic partnership. This FTA, initiated in 2012, originally...

Colombia’s Fiscal Rule Controversy

President Gustavo Petro's government in Colombia is proposing a legislative change to enhance the flexibility of the nation's Fiscal Rule. This rule sets specific targets...

Colombia to Sever Diplomatic Ties with Israel

On Wednesday morning, Colombian President Gustavo Petro declared the severance of diplomatic ties with...

Housing Prices Surge in Colombia Amid Economic Flux

In 2023, Colombia experienced a notable 12.4% increase in housing prices, positioning it as the third highest globally, according...

General Motors Shifts Strategy in South America

General Motors (GM) officially declared that it will shut down its assembly operations in both Colombia and Ecuador. This decision shifts focus to national vehicle...

Colombian Senate Passes Petro’s Key Pension Reform

The Colombian Senate recently approved President Gustavo Petro's key pension reform, now pending in the Chamber of Representatives. Introduced over...

The Decline of Latin America’s Currency Rally

The Colombian peso's rally, mirroring the 15% increase seen in Mexico's peso in 2023, might be drawing to a...

Colombia’s Nationwide Protests: A Struggle Against More Government Control

Colombia has seen a significant surge in public protests. Tens of thousands have demonstrated...

Colombia’s IMF Renegotiation Debate

Colombian President Gustavo Petro is actively seeking to renegotiate the terms of the nation's loan...

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...