Colombia Financial News

Subscribe to enjoy similar stories. Imagine your company headed by someone who’s always available, never plays favourites, and who’s famous for spot-on decisions that bring great results. Sounds good? Except you probably won’t be exchanging a smile with this boss in the corridor.

Subscribe to enjoy similar stories.SÃO PAULO—A Brazilian gang founded in the country’s violent prisons is fast becoming one of the world’s biggest criminal organizations, reshaping global cocaine flows from South America to Europe’s busiest ports and edging into the U.S.Long under Washington’s radar, the First Capital Command, known by its Portuguese initials PCC, started out as a disgruntled band of inmates fighting for soap and toilet paper in the 1990s.It now has some 40,000 members behind bars and on the streets with a vast network of affiliates—making it the largest criminal group in the Americas by some estimates, operating in nearly 30 countries on every continent except Antarctica.“The PCC has become a truly transnational group,” said Lincoln Gakiya, Brazil’s top PCC prosecutor, who has tracked its rise for two decades. “I believe it is now the fastest-growing criminal organization in the world.”With the scale of Italian organized criminal groups and the efficiency of a multinational corporation, the PCC has helped drive record cocaine seizures in Europe and sparked violent turf wars in the heart of major ports in Belgium and the Netherlands.Prosecutors and police in Brazil are calling on President Trump to label the PCC a Foreign Terrorist Organization, joining more than a dozen other Latin criminal networks.The PCC is organized crime at its most organized, prosecutors say.Unlike the narco-tycoons of Mexico, the heavily armed Colombian cocaine militias or the flashy drug lords of Rio de Janeiro’s Red Command gang, PCC members keep a low, businesslike profile, seeking fortune not fame—and shying away from the kinds of gratuitous violence that attract police and TV news crews.

, traders say, can be chalked up to WTI’s location, far from where the oil is needed in Asia. Its lower price also reflects the higher shipping costs required to get it to Asian buyers, as well as angst that the U.S.

The court waived the mandatory 30-day "reconsideration period," usually required by the 2023 guidelines, noting that the patient's family, medical boards, and the state were in unanimous agreement. Active euthanasia involves a deliberate act to end a patient's life, such as administering a lethal injection.

₹2 crore over five days, excluding revenue from souvenirs and other merchandise. The estimated economic impact generated for hotels, transport services, restaurants, artisans and local businesses is pegged at ₹130 crore, according to KLF officials.It was not an isolated spike.

Subscribe to enjoy similar stories. President Trump still has three years left in office. Yet the Supreme Court’s ruling Friday that most of his tariffs are illegal has given the world a glimpse of U.S.

Subscribe to enjoy similar stories. Latin America’s vast natural resources have been a draw for U.S. interests across history and industries—from Alexander Hamilton to President Donald Trump, and from Ford Motor to Exxon Mobil.

Subscribe to enjoy similar stories. WASHINGTON—The State Department will indefinitely pause immigrant visa processing for 75 countries as part of the Trump administration’s ongoing effort to block low-income foreigners from immigrating to the U.S. The pause takes effect starting Jan.

“al Qaeda of the Western Hemisphere,” U.S. officials have rallied domestic support for this more muscular foreign policy.For countries in the region, the new policy will set off a scramble to adjust. Pro-U.S., and pro-Trump, leaders like Argentina’s Milei and El Salvador’s Nayib Bukele have fared well.

Bank of Nova Scotia named Pablo Elek to take over at its Mexican unit as the Canadian bank reworks its operations to focus on North America.

«At least 8,938 people died on migration routes worldwide in 2024,» the fifth year that numbers have reached record highs, the UN's migration agency said. «The tragedy of the growing number of migrant deaths worldwide is both unacceptable and preventable,» said Ugochi Daniels, the deputy director of the International Organization for Migration (IOM). «Behind every number is a human being, someone for whom the loss is devastating,» Daniels said. «The actual number of migrant deaths and disappearances is likely much higher, as many have gone undocumented because of the dearth of official sources,» the IOM said.

Saina Nehwal and PR Sreejesh, have written a letter to the International Olympic Committee (IOC) presidential candidates, urging them to make climate action their top priority. As IOC members gather in Costa Navarino, Greece, to vote on the seven candidates next week (March 18-21), the Olympians called for stronger commitments from the IOC to cut carbon emissions, promote sustainability in host cities, set clear guidelines on polluting sponsors and use its platform to advocate for climate action. Climate impacts are «no longer a distant threat, but a current and growing harm to the sports we love and to the countries that make up our Olympic family», the letter said. The signatories include 57 Olympic champions and over 100 Olympic flag bearers. They represent some of the world's most climate-vulnerable nations, including Argentina, Aruba, the Bahamas, Cabo Verde, Colombia, Cook Islands, Eswatini, Fiji, Ghana, India, Kenya, Laos, the Marshall Islands, Nepal, Nigeria, Pakistan, Peru, Sierra Leone and Zambia. Recognizing that extreme weather events are already disrupting the Summer and Winter Olympics and affecting athlete performance and safety, the letter urges decisive action to ensure the games remain accessible and safe for future generations. Earlier this year, massive wildfires burned large areas of Los Angeles, the host city of the 2028 Olympic Games. The fires killed about 30 people, destroyed thousands of buildings, and forced tens of thousands to flee their homes.

Leo, nestled in Bogota's upscale Chapinero district in the Colombian capital, takes diners on a culinary expedition through the country's diverse biomes. Helmed by chef Leonor Espinosa — voted World's Best Female Chef 2022 by 'The World's 50 Best Restaurants' jury — this acclaimed restaurant spotlights rare local ingredients like copoazu (cacao relative), arrechon (aphrodisiac drink) and bijao (banana-like plant). Espinosa, an economist and artist by training, weaves anthropology and contemporary art into her dishes and the restaurant's sleek, modern setting. The tasting menus — 8 or 13 courses — are a masterclass in creative gastronomy. Delicate starters include mussels with coconut and Galerazamba salt, dried shrimp with snails and ants, the latter lending a nutty crunch. Standout mains feature duck jelly with coquindo oil, sourced from the Amazon, and salt from the Manaure Salt Flats. Leo's menu, 'ciclo-bioma', charts Colombia's ecosystems, highlighting unique species and their culinary potential. A map illustrates Espinosa's sourcing journey, underscoring her commitment to indigenous ingredients.

Subscribe to enjoy similar stories. TAIPEI—In an era of brutal great-power politics, how do lesser powers get by? For this embattled Pacific island, a lifeline comes from landlocked Slavs half a world away. Taiwan and the Czech Republic, living in the shadow of China and Russia, have found common cause when small powers worry about being trampled by bigger rivals.

Subscribe to enjoy similar stories. Wouldn’t it be ironic if the 2025 Trump trade was an anti-Trump trade, buying stocks in the places President Trump targets? This year Canadian, Colombian, Mexican, European and Chinese technology stocks are all outpacing the S&P 500, the dollar is down and the Magnificent Seven big tech companies—five of whose CEOs stood behind the president at his inauguration—have stopped leading the U.S. market up and turned into laggards.

Mamata Banerjee on Thursday strongly condemned the deportation of «illegal» Indian immigrants from the United States in chains, calling it «shameful», and questioned why the BJP-led central government did not send planes to bring them back. Addressing a party conference here, Banerjee criticised the Centre for its alleged silence on the issue, decrying the lack of dignity in the repatriation process.

The Bank of Nova Scotia beat analysts’ expectations despite higher provisions for credit losses and posting a $1.35-billion loss related to the sale of its operations in Colombia, Costa Rica and Panama during the first quarter.

(Bloomberg) — Bank of Nova Scotia beat estimates as it benefited from lower funding costs after the country’s central bank cut interest rates by 200 basis points since last June, even as it set aside more money than expected for possibly bad loans.

Subscribe to enjoy similar stories. I finally bit the bullet and watched One Hundred Years of Solitude, which dropped on Netflix in December. Based on the Colombian master Gabriel Garcia Marquez’s 1967 novel, the series is divided into two parts, eight episodes each.

BOGOTA, Colombia (AP) — Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S.-owned company that was expected to produce around 90,000 barrels of oil per day, citing environmental concerns.

Subscribe to enjoy similar stories. Colombia’s run-in with Donald Trump is a warning to other countries trying to decipher the US president’s haphazard decision-making process. As Asian nations realize that Trump’s second term could be even more erratic than his first, China is ready to take advantage of the chaos.