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Business Colombia

  • MENDOZA, Argentina, July 21- The members of South America's Mercosur trade bloc inked a trade deal with Colombia on Friday to allow limited quantities of tariff-free trade in products including automobiles, textiles and agrochemicals, Argentina's and Colombia's governments said. The deal, reached during a summit in Mendoza, Argentina between Mercosur...

  • BOGOTA, July 18- Colombia, which narrowly avoided getting its credit rating cut last year, is again at risk of a downgrade as it struggles to meet fiscal targets and investors tire of overly optimistic forecasts by the government of President Juan Manuel Santos. "We believe there is a clear disconnect between reality and the current debt path depicted by the...

  • Medellin, July 12- Mexico aims to more than triple its annual coffee production in the next 15 years due to a renovation program, Mexico's vice minister of agriculture said on Wednesday. Mexico will harvest 15 million 60- kg bags of coffee within 15 years, up from 3.8 million bags in 2017/ 18, said Jorge Narvaez, vice minister of Mexican agriculture, speaking at a...

  • That was especially true in Mexico, where the peso has outperformed all other emerging-market currencies as fears over a U.S. trade war waned. Brazil bucked the trend as a political crisis continued to threaten President Michel Temer's grip on power. Analysts, who were expecting a rockier year for Latin American currencies, did not anticipate the recovery in...

  • CALI, Colombia, June 29- The Pacific Alliance trade group said on Thursday it has reached a tax agreement for pension funds operating in the bloc's four nations in an effort to stimulate investment in infrastructure projects. The alliance, which comprises Colombia, Chile, Mexico and Peru, was formed in April 2011, aimed at improving trade flows and bolstering...

  • CALI, Colombia, June 29- The Pacific Alliance trade group will explore whether to create a single passport for its four member nations in a bid to encourage tourism and trade across the world, Colombia's migration director said on Thursday. The alliance, which comprises Colombia, Chile, Mexico and Peru and was formed in April 2011, has already abolished transit...

  • Zumba creator Beto Perez

    A Kauffman study reveals immigrants are more likely to be entrepreneurs vs. native-born Americans. Here are 5 Latinos who made it big.

  • A nurse applies a vaccine against influenza in a doctor's office in Mexico City, Mexico.

    As U.S. health care costs rise, more affordable health insurance is available in these countries, International Living reports.

  • **SERBIA- National Bank of Serbia interest rate decision. **NEW DELHI- Reserve Bank India Deputy Governor Viral Acharya and Chief Economic Adviser to the government of India Arvind Subramanian speaks at an Indian Council for Research on International Economic Relations two-day conference on G20 affairs in India. **BEIJING- California Governor Jerry Brown...

  • BOGOTA, June 7- Colombia must make further efforts to reduce its level of debt, which is higher than that of other countries with the same BBB credit rating, a director from rating agency Fitch said on Wednesday. Gross domestic product growth will be between 1.8 percent and 2 percent this year, said Richard Francis, the agency's director of sovereign debt, below a...

  • **BANGKOK- Bank of Thailand releases minutes of its previous interest rate meeting on May 24- 0200 GMT. WARSAW- National Bank of Poland monetary policy council meeting. BOGOTA- Colombian Finance Minister Mauricio Cardenas and Central Bank head, Juan Jose Echavarria, will attend a finance industry conference.

  • CAICARA DEL ORINOCO, Venezuela, May 31- In the hot and humid town of Caicara, in the heart of Venezuela, some 20 piers jutting out of the vast Orinoco river gather mildew and rust. Odebrecht has left at least 23 multi-million dollar projects unfinished or stalled in Venezuela, according to company and government documents, interviews with over two dozens workers,...

  • CAICARA DEL ORINOCO, Venezuela, May 31- In the hot and humid town of Caicara, in the heart of Venezuela, some 20 piers jutting out of the vast Orinoco river gather mildew and rust. Odebrecht has left at least 23 multi-million dollar projects unfinished or stalled in Venezuela, according to company and government documents, interviews with over two dozens workers,...

  • CAICARA DEL ORINOCO, Venezuela, May 31- In the hot and humid town of Caicara, in the heart of Venezuela, some 20 piers jutting out of the vast Orinoco river gather mildew and rust. Odebrecht has left at least 23 multi-million dollar projects unfinished or stalled in Venezuela, according to company and government documents, interviews with over two dozens workers,...

  • CAICARA DEL ORINOCO, Venezuela, May 31- In the hot and humid town of Caicara, in the heart of Venezuela, some 20 piers jutting out of the vast Orinoco river gather mildew and rust. Odebrecht has left at least 23 multi-million dollar projects unfinished or stalled in Venezuela, according to company and government documents, interviews with over two dozens workers,...

  • CAICARA DEL ORINOCO, Venezuela, May 31- In the hot and humid town of Caicara, in the heart of Venezuela, some 20 piers jutting out of the vast Orinoco river gather mildew and rust. Odebrecht has left at least 23 multi-million dollar projects unfinished or stalled in Venezuela, according to company and government documents, interviews with over two dozens workers,...

  • BOGOTA, May 26- Colombia's central bank lowered the benchmark interest rate by 25 basis points to 6.25 percent on Friday to boost a slowing economy, as had been expected by the majority of analysts in a Reuters survey.

  • BOGOTA, May 19- Colombia's economy grew 1.1 percent in the first quarter compared with the same period a year ago, the government said on Friday, below the central bank's estimate of 1.3 percent. Latin America's fourth-largest economy is working to recover from a slump in global oil prices and a rise in inflation. The fall in crude prices has slowed production, as...

  • Those findings come as the semi-annual gathering of finance officials from the International Monetary Fund, the World Bank and the Group of 20 major economies kicks off in Washington, where the case against protectionist trade policies is expected to be a major theme. "For the first time in five years, all the major economies seem to be growing in sync," noted Ajay...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? BRASILIA, April 6- Major Latin American currencies appear more likely to hold their ground in coming months than they did in March, but they remain vulnerable to increased volatility coming from abroad, a Reuters poll showed on Thursday. President Donald Trump will not impose heavy tariffs on...