Colombia
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 Israel effective Thursday, May 2nd.
This announcement unfolded during a speech in Bogotá's Plaza de Bolívar, coinciding with International Workers' Day...
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 to Asobancaria.
This escalation followed significant...
Colombia Advances in Health Reform with Key Congressional Support
Last weekend, President Gustavo Petro boldly initiated critical and pivotal health reforms across Colombia.
Interior...
Ecuador and Colombia Strike Vital Energy Deal
Ecuador has partnered with Colombia to secure a crucial 6.2 gigawatts of power hourly, aiming to alleviate a severe...
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 close.
Analysts from Natwest Markets and...
Colombia’s Nationwide Protests: A Struggle Against More Government Control
Colombia has seen a significant surge in public protests. Tens of thousands have demonstrated in cities such as Bogotá,...
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...
Colombia’s IMF Renegotiation Debate
Colombian President Gustavo Petro is actively seeking to renegotiate the terms of the nation's...
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 ranks...
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...
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