Economics

Colombia’s organized crime makes 14 billion a year with drugs, mining

Illegal armed groups in Colombia make approximately $14 billion a year in drug trafficking and illegal mining activities, said the country’s top financial intelligence official Tuesday.

Colombia in green economy index

Colombia is one of the leading performers when it comes to combating climate change, but fails to be recognized as such, according to the recently released Global Green Economy Index (GGEI).

A critical time for oil

The recent downturn in global oil prices is impacting financial markets, already shaken by weak economic prospects for Europe, a slowdown in China, and fears that ebola will continue to spread across West Africa, resulting in 10,000 new cases every week, and with a worrisome 70 percent mortality rate.

Colombia has complied with US trade pact labor reforms

Colombia has complied with a variety of labor reforms that were required by US Congress to allow a bilateral free trade pact, the South American country’s labor minister said in Washington.

Colombia industrial production and sales rise from internal demand

In the first six months of 2014, industrial production and sales rose in Colombia by 1.7% and 2.3%, respectively, buoyed by strong internal demand inside Latin America’s fastest growing economy.


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