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Colombia

Colombia’s Economy Grows by 0.7% in First Quarter, Falling Short of Expectations

Colombia's economy grew by 0.7% during the first quarter of 2024, according to the National Administrative Department of Statistics (DANE). Financial markets had projected a...

Colombia-Israel Diplomatic Strain Intensifies

In a heated diplomatic row, Colombian President Gustavo Petro and Israeli Prime Minister Benjamin Netanyahu have publicly traded sharp criticisms. Petro has rebuffed claims of supporting Hamas and sharply criticized Israel's military actions in Gaza...

Colombian Coffee’s Strategic Pivot to the Chinese Market

Colombian coffee exports to China have soared, marking over a 200% increase in recent years. This surge signals Asia's expanding influence in the global coffee...

Supreme and Constitutional Courts Undermine Petro’s Key Policies

Recent decisions by Colombian courts have significantly undermined President Gustavo Petro's administration. The Supreme Court...

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...

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...

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...

Colombia Advances in Health Reform with Key Congressional Support

Last weekend, President Gustavo Petro boldly initiated critical and pivotal health reforms across Colombia. Interior Minister Luis Fernando Velasco announced...

Ecuador and Colombia Strike Vital Energy Deal

Ecuador has partnered with Colombia to secure a crucial 6.2 gigawatts of power hourly,...

Colombian Senate Passes Petro’s Key Pension Reform

The Colombian Senate recently approved President Gustavo Petro's key pension reform, now pending in the...

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...