The candidate of the center-right coalition in Colombia, Federico Gutiérrez, proposed this Monday to build a common front against Gustavo Petro, after the resounding electoral victory that the left-wing leader obtained on the way to the presidential elections on May 29. “I am going to look for those of us who defend democracy and freedoms […]
Tag: Colombia
Colombians renew Congress on the way to presidential elections that could be historic
The Colombians They began voting this Sunday to elect a new Congress and define the list of candidates that will face Senator and former guerrilla Gustavo Petro in the presidential elections on May 29, in which for the first time the left is the favorite. Around 39 million people are eligible to elect the two […]
Duque praises that the US places Colombia as a strategic ally
the president of Colombia, Ivan Dukecelebrated this Thursday in Washington, where he is visiting, a bill presented in the US Congress that recognizes his country as a “strategic ally of United States”. This legislation “raises Colombia’s relationship with the United States to the highest of these 200 years” of bilateral ties, said Duque, in statements […]
The Colombian electoral campaign, between embarrassment and nonsense
The campaign for the elections on March 13 in Colombia has left embarrassing moments, such as Senate candidates who do not know how Congress works, a candidate giving drunken speeches on stage or risky slogans such as “Not even for Putin… They are going to fuck like Venezuela.” Accustomed to seeing candidates dancing in other […]
Foreigners ignore electoral risk and buy Colombian debt
Updated on 03/06/2022 02:18 am Foreign investors are re-entering Colombia’s peso debt market, shrugging off the risks that Gustavo Petro, a candidate who wants to overhaul the nation’s economic model, could be elected president this year. In February, foreign funds — which hold around a quarter of Colombia’s local debt — were net buyers of […]
Colombian coffee production falls 16% in February due to adverse weather conditions
Updated on 03/03/2022 09:34 am Coffee production in Colombia, the world’s leading supplier of washed Arabica beans, fell 16% in February to 928,000 60-kilo bags compared to the same month last year, due to the continuation of the rains that affected flowering, reported the National Federation of Coffee Growers. In February 2021, the country’s coffee […]
Colombia wins arbitration against Spanish AFC Investment in the ICSID
The arbitration court of the Spanish financial institution AFC Investment Solutions against Colombia, constituted in the International Center for Settlement of Investment Disputes (ICSID), has decided to totally dismiss the claims of the former. According to the ICSID portal, the lawsuit, in which AFC demanded 50 million dollars, originated in relation to the forced liquidation […]
Cheap Colombia bonds reflect risk of Petro victory
In Colombia, the biggest question for investors right now is whether the country will elect its first leftist government this year, with Gustavo Petro as president, according to a group of financial professionals who spoke to Bloomberg. Petro, 61, is leading the polls ahead of presidential elections in May and has stirred nervousness among bondholders […]
Petro, the former guerrilla who wants to twist the tradition of power in Colombia
An army of bodyguards watches over the crowd chanting his name. The former guerrilla Gustavo Petro, favorite in the polls to win the presidency in Colombia, is confident that this time not even the “ghost of political assassination“Will drive away the rise of the left”progressive”. 61 years old, medium height and thick glasses, Petro defies […]
Colombia expects economic growth in 2021 above 10.2%, according to Duque
President Ivan Duke projected that the Colombian economy would have grown above 10.2% in 2021, thus exceeding expectations to the point of reaching the highest historical figure for that country. During the signing of the Joint Declaration for a Dialogue on the Environment, Climate Action and Sustainable Development of the European Commission, in Brussels, Belgium, […]