Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
Read more »Courtesy of Ashmore Group, insightful analysis of the Colombian Peso’s 2023 performance so far: What is the best performing currency in 2023 so far? Against all odds and biases, the Colombian Peso (COP), which is up 16.8% against the USD year-to-date and 22.8% including the ‘carry’, or the interest rate differential earned by carrying long […]
Read more »Via Geopolitical Monitor, an article on Colombia’s nickel industry: The Colombian government is eager to expand and diversify the country’s mining industry by exploiting critical minerals, including nickel, which is currently solely mined in Cerro Matoso. As global demand for this critical mineral reminds high, nickel can be very profitable for Colombia’s mining industry and […]
Read more »Courtesy of The Financial Times, an article on Colombia’s desires to diversify its economy to restore manufacturing of textiles, fertilizers and pharmaceuticals: Colombia wants to restore industries such as textiles, fertilisers and metalworking as it seeks to cut its account deficit and wean the country off oil and mining, Bogotá’s new finance minister said. Ricardo […]
Read more »Via Latinometrics, an interesting look at Latin America’s significant role in the global rose trade: Ecuador and Colombia Represent 34% of the $2.86B+ Rose Export Market Yesterday was Valentine’s Day, sometimes called Día del Amor y la Amistad in Latin America. During this holiday, which celebrates the love between couples but also friends, restaurants, bars, and gift […]
Read more »Via Bloomberg, a report on Colombia and Venezuela’s steps to cement warmer ties after years of tension: Colombia and Venezuela reached an agreement to strengthen investment protections between the two nations, the latest accord to cement warmer trade relations between the South American neighbors. The agreement is the culmination of talks that sought to “promote […]
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