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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...
Strengthening Defense: Colombia Bolsters Military with New Professional Soldiers
Colombia's Defense Minister, Iván Velázquez, recently announced the addition of 1,600 professional soldiers to the Colombian Army.
This move, unveiled during a Security Council meeting...
Brazil and Colombia Push for Democratic Process in Venezuela
On Wednesday, April 17, 2024, Brazil and Colombia stood united in their support for a peaceful resolution in Venezuela.
They advocated for a negotiated agreement...
Advanced Drone Warfare Emerges in Colombia
The Colombian conflict has entered a new phase with FARC dissidents, particularly the Central General Staff (EMC), actively deploying armed drones against the Colombian...
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...
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 ranks 41st out of 44 globally in terms of efficiency.
This...
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 signs of deceleration.
Leonardo Villar, the...
Álvaro Uribe Faces Trial in High-Stakes Case in Colombia
Álvaro Uribe, the former President of Colombia, is set to face a trial that has captivated the entire nation's attention.
This event marks a crucial...
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 not pass or will be...
Colombian Health Reform Falters in Senate
Yesterday, a pivotal moment unfolded as the Colombian Senate's committee did not pass a health reform proposed by President Gustavo Petro.
This event marks another...
Colombian Peso Climbs as US Dollar Reaches 20-Month Low
In a significant financial shift, the US dollar's value in Colombia has taken a dip, moving below the COP$3,800 threshold.
This Wednesday saw the dollar...
Colombia’s Frigate Project Faces Obstacles
Colombia is pushing forward with its Strategic Surface Platforms (PES 10714CO) project, aiming to build five advanced frigates.
The plan involved collaboration between Damen Shipyards...
Why Are There Vikings on a Colombian Island?
Inhabitants of Isla Mulatos in Colombia strikingly resemble Vikings with their blue or green eyes, blond hair, and fair skin, setting them apart from...