The Swiss multinational food company nestle announced this Friday that between this year and 2026 it will invest 100 million dollars in Colombiawith which the company will be able to increase its production capacity, accelerate its digital transformation and guarantee operational sustainability. The company said in a statement that it is the materialization of an […]
Tag: Gustavo Petro
Lasso and Petro will meet in Tulcán to consolidate the Ecuador-Colombia relationship
The presidents of Ecuadorthe conservative William Lassoand of Colombiathe leftist Gustavo Petrowill meet next Tuesday in the Ecuadorian border city of Tulcán with the aim of consolidating the bilateral relationship, especially on the common border. This was announced this Friday by the General Secretariat of Communication of the Presidency in Quito through a statement that […]
Petro will assume control of regulation of public services in Colombia
The president of Colombia, Gustavo Petroannounced this Thursday that he will assume “directly and personally” the control of the policies of administration and control of the domiciliary public services, a decision that took “depending on the users”. “This president has decided not to delegate his functions to the public services regulation commissions, at least for […]
The US rules out creating a dialogue table for Peru, as requested by Colombia
USA will not promote a dialogue table to find a way out of the crisis in Peruas requested by the Colombian president Gustavo Petronor does it interfere in the affairs of the Andean country, the US ambassador said Thursday before the OAS. Peru is the scene of massive demonstrations calling for the resignation of President […]
Colombia plans to sell new dollar bonds and buy back debt
The government will sell dollar-denominated debt due 2034 with a yield of 8%, according to a person familiar with the initial discussions, who asked not to be named because she is not authorized to discuss the matter. Part of the proceeds will be used to repurchase the country’s global bonds due next year, with coupons […]
Brazil seeks to promote Celac as a platform for Latin American integration
The VII Summit of Latin American and Caribbean States (CELAC) this Tuesday in Buenos Aires seeks to promote the integration of countries that are going through multiple political and economic crises, under the influence of the renewed drive of Brazil after the assumption of Luiz Inacio Lula da Silva. The meeting of this forum made […]
In Colombia, the future head of Taxes and Customs seeks to attract foreign investment
The government of Gustavo Petro, who will take office next month, wants to level the playing field by eliminating tax benefits that have tended to be given to politically connected actors, he said. Luis Carlos Reyesnamed by Petro to lead the Directorate of National Taxes and Customs, DIAN. Instead, the Petro government wants to strengthen […]
The left, with Petro, approaches power in Colombia
Like never before, the left seems to be approaching power in Colombia. Senator and former guerrilla Gustavo Petro starts as the great favorite for the May presidential elections after obtaining a resounding result in Sunday’s legislative elections. “The Historical Pact has achieved the best result of progressivism in the history of the Republic of Colombia”congratulated […]
Colombia: the center-right poses a common front against Petro in the presidential race
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 […]
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 […]