Finance

From Medellin, Hopeful Signs For A Colombia Free-Trade Pact

From+Medellin%2C+Hopeful+Signs+For+A+Colombia+Free-Trade+Pact

Colombia asserted itself on the international stage last week, with the 50th annual governors’ meeting of the Inter-American Development Bank in Medellin. Some 6,000 bankers and businesspeople came. All spruced up for the meeting, Medellin did its best to reclaim its... (Continue reading)

Colombia to Delay 3 Trillion Pesos in 2009 Budget

Colombia+to+Delay+3+Trillion+Pesos+in+2009+Budget

Colombia will “delay” 3 trillion pesos ($1.4 billion) in spending from the 2009 budget in a bid to bolster investor confidence amid a global economic crisis. The spending delay, representing 2.2 percent of the 140.5 trillion-peso budget, may be temporary, the... (Continue reading)