In this week's Colombia Business News Recap, Collective Mining keeps finding gold, President Gustavo Petro threatens the private sector with "forced investments," General Motors to close its Colombia factory, Alvaro Uribe is formally charged with bribery and witness tampering, Colombia to open 5 more consulates in the US, the US opens work and summer job visas to Colombians, the mammoth UNGRD scandal threatens the Petro administration and congressional allies at the expense of poor indigenous pe...
Jun 06, 2024•49 min
In this week’s Colombia Business News Recap: Canadian Sacha Lemaire Lepage facing Narcotics, Firearms & Wildlife Abuse Charges In Colombia https://www.financecolombia.com/canadian-sacha-lemaire-lepage-facing-narcotics-firearms-wildlife-abuse-charges-in-colombia/ Jimmy Carter’s Colombia Blacklist Revealed https://nsarchive.gwu.edu/briefing-book/colombia/2024-04-15/jimmy-carters-colombia-blacklist-revealed Colombian Kidnapper Hiding In Chile Captured & Sent to US https://www.justice.gov/op...
Apr 22, 2024•37 min
In this week’s Colombia Business News Recap for April 13, 2024: Gringos gone wild! “Cannabis Jimmy,” Californian pot producer caught near Medellín. https://www.policia.gov.co/noticia/ciudadano-estadounidense-realizaba-tours-cannabicos-extranjeros-sabaneta Colombian economic growth stalls , 277,000 jobs lost in January & February alone. https://openknowledge.worldbank.org/bitstreams/5a4de9c0-52ef-4b3f-8592-249995492a9a/download Former President Alvaro Uribe’s prosecution moving forward under ...
Apr 13, 2024•36 min
In this week’s Colombia Business News Recap for April 4, 2024: Petro’s health reform buried in the Colombian senate Geopark (NYSE: GPRK) launches a stock buyback Avianca launches flights to Montreal & Paris, but gets fined for unfair competition New Colombian Public Debt ETF launched Antioquia’s governor asks for public donations to complete highways Improvements in the road connecting Medellín to its international airport Economic uncertainty affecting foreign investment Corrupt prosecutor ...
Apr 04, 2024•25 min
In this Finance Colombia exclusive, Francisco “Pacho” Santos sits down for an in-depth interview with Loren Moss to discuss current events in Colombia. Santos is the former vice president of Colombia under Alvaro Uribe, and former Ambassador to the United States during the Ivan Duque administration. Santos is equally outspoken and fluent in English as he is in Spanish, and shares his opinion on: Petro’s frustration, improvisation and his stalled reforms Colombia’s new Attorney General Luz Adrian...
Mar 24, 2024•42 min
In The Colombia Business News Recap for March 16 2023: Why did the US release one of Colombia’s 10 most wanted criminals after he crossed the border illegally from México into Texas? President Gustavo Petro’s frustration is reaching the boiling point as his “revolutions” fail and he calls for a constituent assembly (constitutional convention). JetSmart launches domestic operations in Colombia Luz Adriana Camargo is the new attorney general Federico Gutierrez submits 501 corruption allegations im...
Mar 16, 2024•55 min
Covered in this podcast of Colombia Business News Recap with Loren Moss https://lorenmoss.com/ brought to you by Finance Colombia https://www.financecolombia.com/ Colombia’s President Gustavo Petro’s Struggle to Name An Attorney General. Petro’s improvisational governance causing wide ranging problems for Colombia. · Medellín’s Mayoral Runner Up & Quintero relative kicked out of city council. Medellín Mayor “Fico’s” first embarrassment, culture secretary already ousted. Public skepticism for...
Feb 18, 2024•1 hr 8 min
Colombia Business News Recap: November Post Election Analysis, Rising Insecurity in Colombia Electoral recap and analysis: https://www.financecolombia.com/what-jumps-out-musings-about-colombias-local-elections-and-context-regarding-the-rebuke-of-president-petro/ Hope Is Fading for Petro’s Total Peace After Díaz Kidnapping and Suspension of EMC Negotiations: https://www.financecolombia.com/hope-is-fading-for-petros-total-peace-after-diaz-kidnapping-and-suspension-of-emc-negotiations/ The followin...
Nov 14, 2023•37 min
It’s election season, so lots of political news: No surprise there. · Daniel Quintero abruptly resigns amidst multiple scandals · Tecnoglass moves HQ to Miami · Nasty double assassination in Medellín: Is it political? · Bribery charges against Alvaro Uribe are revived. · NY Mayor Eric Adams visits Colombian border with Panamá. · 6 Colombian assassins assassinated in Ecuador · Ikea opens in Bogotá with plans for Medellín & Cali Remember, subscribe to Finance Colombia for free! https://fcsubsc...
Oct 08, 2023•21 min
Like Colombia’s own “Hunter Biden” saga, President Gustavo Petro’s son Nicolás has been arrested after his scorned ex-wife accused him of taking over $100,000 USD from a narcotrafficker for his father’s political campaign—and then spending the cash on himself! Justice served…or political witch-hunt? Also in this week’s Colombia Business News Recap: Is Mayor Quintero to blame for this year’s lame Feria de las Flores in Medellín? Irene Vélez on her way out as Minister of Energy & Mines after a...
Aug 01, 2023•29 min
Colombian Air Force Crash, Petro scandal takes weird turn, Uribe acolyte charged with corruption... It’s been a quiet week in Lake Guatavita as vacation season arrives in Colombia. Laborers receive an extra paycheck mandated by law, and June sees three national holidays during the month, plus one at the beginning of July. Congress is out of session, and many are on vacation. · Colombian Air Force training crash leaves one dead, Lieutenant Colonel Mario Andrés Espinosa Gonzales. An investigation ...
Jul 02, 2023•17 min
This week at Colombia Business News Recap, host Loren Moss takes a deep dig into Colombia’s precious metals mining sector with Paul Harris, the organizer of the Andes region’s most important mining sector events , now expanding to México as well. The two discuss recent trouble at Zijin Continental Gold’s Buriticá mine and the Petro Administration’s response (or lack thereof). Some positive developments at Collective Mining’s new project near Supía, Caldas, the potential for copper and rare earth...
Jun 25, 2023•28 min
In this week’s episode: Gustavo Petro calls for an end to free markets and laments the fall of the Berlin Wall – original video of his speech here. Berlin government information on the Berlin Wall and its victims here. Marta Lucia Ramirez implicated in unfolding Italian bribes scandal, while her husband’s firm is involved in a legally imperiled construction project in San Andrés, Colombia. Original article where she went after an investigative journalist for exposing her family ties to accused p...
Jun 18, 2023•24 min
The rapid growth of Barranquilla-based Tecnoglass (NYSE: TGLS) makes the company seem like a high-growth startup, but the Colombian-origin aluminum and glass manufacturer just celebrated its 40th birthday. In Colombia, the company is well known as a socially conscious national champion, but even though over 90% of its products are exported to the United States, the company still has only around 1% of total market share. With its hurricane resistant and energy efficient high-technology glass prod...
Jun 15, 2023•18 min
In this edition: Colombia rejoices as four children ages 1-13 years old found alive 39 days after plane crashes into deep jungle. President Gustavo Petro’s own Nannygate scandal involving his chief of staff turns deadly as a key witness, a police lieutenant colonel is found dead of an apparent suicide, and violent protests by Petro’s supporters leave another officer responding to riots in a coma. Chilean airline JetSmart is moving to fill the Low-Cost Carrier void in Colombia boosted by a new al...
Jun 11, 2023•31 min
In this edition: · Hidroituango is finally generating (a little bit of) electricity, but only one bidder showed up for Daniel Quintero’s public tender to finish the project. · Peru has lodged a formal protest against Colombia’s President Petro, accusing him of meddling in their affairs. · President Petro has announced plans to purchase 16 new combat jets—after running on a platform opposing new fighters. · Colombia has established its new minimum wage for 2023, a double-digit increase. · A win f...
Dec 26, 2022•23 min
In this week's Colombia business news recap: - Tecnoglass continues to break records - EPM postpones the bid process to finish Hidroituango for the fifth time - Mayor McMeat and the cattle ranchers - Emerging new restaurants among Latin America's best - Tax Reform has passed (That means big tax hikes!) Events to attend: CGS Medellín 2022 – November 8-9 https://colombiagold.co/ Miami Rum Renaissance - November 12-13 https://www.rumrenaissance.com/ Petro at 100 Days: Perspectives for International...
Nov 07, 2022•24 min
In this week’s Podcast: Neighboring Brazil’s presidential election A week of protests throughout Colombia The falling Colombian Peso Daily revolving chairmanship at Ecopetrol Petro’s land redistribution deal with the ranchers Daniel Quintero’s crisis at EPM and Hidroituango Some can’t miss events during November! See the full article here: https://wp.me/p5zFfx-6vh
Oct 31, 2022•43 min
Formerly known as the Colombia Gold Summit, CGS Medellín is back bigger and better for 2022. - https://colombiagold.co/ - The symposium and trade show hosts precious metals mining executives, operators and investors active in Colombia and the greater Andean region involved in gold, silver and copper extraction. Organized by Paul Harris, also the publisher of CGS Research, CGS Medellín along with its newer sibling, CGS Quito have become the most important precious metals mining industry events in...
Oct 12, 2022•20 min
In this week's news recap, monkeypox is confirmed in Colombia, the Truth commission issues its final report, President-Elect Petro appoints a foreign minister from the conservative party, a gruesome prison fire leaves at least 52 dead, and the San Andres archipelago mostly escapes Tropical Storm bonnie.
Jul 05, 2022•17 min
For the first time in modern history, Colombia will have a far left president. Former revolutionary guerilla Gustavo Petro won today's election against real estate developer Rodolfo Hernandez. Petro says he wants to completely remake Colombia's economy. What does this mean for the economic sector? For international relations? For Colombia's poor? For Colombia's rich? Will Petro be remembered as a José Mujica or a Hugo Chavez? Is he a social reformer or communist bogeyman?
Jun 20, 2022•33 min
Some good news coming from the industrial, travel, and high-tech sectors, plus on the eve of Colombia's presidential election runoff, a little bit of analysis. Are Colombians really choosing between "The Devil and the deep blue sea," as the WSJ's Mary Anastasia O'Grady said?
Jun 19, 2022•13 min
