Colombia Financial News

By Luis Jaime Acosta

Yellowstone," a Taylor Sheridan Western series starring Kevin Costner, is getting ready for its international Netflix premiere, so fans of the show may celebrate. With a mid-January 2024 release date set, this is a big step forward for the series, as it will join the ranks of other Paramount projects like «Yellowjackets» in broadening its global audience. «Yellowstone» is expected to attract people worldwide, much like its predecessor, in line with the recent trend of Paramount programs being released on Netflix. As seen by the success of «Yellowjackets,» which debuted in at least 15 nations, including Australia, India, South Africa, and Latin American nations including Brazil, Colombia, Argentina, and Mexico, the program has already made an impact.

By Luis Jaime Acosta and Oliver Griffin

The Darien Gap, a 106km expanse of dense and dangerous jungle that straddles Panama and Colombia, has become the unlikely route for migrants seeking to get into the US illegally from Latin and Central America. Few roads to El Dorado could be more challenging. Last year, a New York Times reporter Julie Turkewitz and a photographer undertook the journey for a week.

The International Economic Association (IEA) recently concluded its 20th World Congress in Medellín, Colombia. This triennial event brings together scholars from all over the world to share and discuss the latest developments in economic thinking. This year’s edition underscored the urgency of re-evaluating some of the field’s core assumptions.

BOGOTA (Reuters) — Colombia's President Gustavo Petro on Friday proposed making changes to a tax reform that entered into effect this year that would lower taxes for businesses and hike them for rich individuals.

BOGOTA(Reuters) — Colombia's minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos ($340) per month.

MEXICO CITY (Reuters) — Mexican President Andres Manuel Lopez Obrador said on Friday his government will reinforce measures to contain migration as he seeks to help the United States cope with record numbers of people trying to reach the U.S. border.

Netflix Originals bidding adieu globally or in select regions throughout January 2024. The departure of these titles raises questions about why Netflix Originals leave the platform, a phenomenon largely tied to the licensing agreements, especially for earlier Originals.

Scotiabank chief executive Scott Thomson says the bank is increasing its focus on North America and wealth management as part of its new growth strategy.

Bank of Nova Scotia plans to go after a larger share of customers’ wallets as it refocuses its business on North America, shifting capital away from operations in Latin America that have delivered poor returns.

The Bank of Nova Scotia will reallocate capital from developing markets to developed ones, prioritizing Canada, the United States and Mexico in that order, as it seeks to bolster profitability and shareholder returns, chief executive Scott Thomson said Dec. 13 as he unveiled a much-anticipated strategic update.

Earthshot Prize, launched by Prince William to support climate and environmental innovators across the world, plunged into disarray after two of its judges were forced to step down amid legal wrangles. Singer Shakira and footballer Dani Alves have quit as judges for the coveted prize, as per media reports.

International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a «new Cold War» given the Ukraine war and tensions between the United States and China. First Deputy Managing Director Gita Gopinath told the International Economic Association in Medellin, Colombia, that losses could reach 2.5% to 7% of global gross domestic product if the world economy fragmented into two blocs.

By Alexander Cornwell

In the ever-evolving landscape of digital currencies, Bitcoin showcases a bullish stride, currently trading at $38,765 with a commendable increase of nearly 2% on Saturday. As December unfolds, the cryptocurrency market radiates optimism, with Bitcoin edging towards a 19-month peak, reflecting a robust commencement for crypto stocks.

Paul Lynch won this year's Booker Prize for his dystopian novel, Prophet Song. Set in the near-future, it is a novel of our times: a liberal democracy — in this case, Ireland — under authoritarian rule with law enforcement and the judiciary weaponised by far-reaching powers. But it is a particularly illuminating point made by Lynch in a TOI interview that merits more burrowing.

WTO grouping with a major interest in farm trade that it will not discuss any new issue in the agriculture segment like imposition of export restrictions before a permanent solution is found with regard to public stockholding of food grains, an official said. This position was cleared during a mini-ministerial virtual meeting of about 28 WTO (World Trade Organisation) member countries on agriculture issues on November 28. In the meeting, Commerce and Industry Minister Piyush Goyal put forward New Delhi's approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers.

La Liga match on Sunday. Real Madrid has 32 points from 13 matches and is at the second place. Cadiz has 10 points from 12 games and is reeling at 16th place. The La Liga soccer game between Real Madrid and Cádiz will be played at Estadio Nuevo Mirandilla on Sunday, November 26. The kick off is scheduled at 12.30 pm (ET) and 9.30 am (PT). In the US, Real Madrid vs Cádiz soccer game will be live telecast on ESPN+. The live streaming of the game will be available on fubo TV. fubo TV is available on a free trail basis. Real Madrid's match against Cadiz is likely to be a smooth affair for Galacticos as experts predict 3-1 victory for Carlo Ancelotti's side. Madrid visits 16th-place Cadiz on Sunday needing to find replacements for forward Vinícius Júnior and multi-use midfielder Eduardo Camavinga. Vinícius tore a leg muscle in his left leg during Brazil's 2-1 loss at Colombia on Friday. That should sideline the player who was key to Madrid winning its 14th European Cup two seasons ago for several weeks. Vinícius' injury leaves Carlo Ancelotti without one of his top scorers after Karim Benzema left in the offseason for Saudi Arabia. Newcomer Jude Bellingham has so far picked up the scoring load with a league-high 10 goals and 13 goals in all competitions. The 23-year-old Vinícius has chipped in with six goals overall. Vinícius' absence could open the door for Joselu to start alongside Rodrygo in attack, and perhaps lead to more minutes for Luka Modric or Brahim Díaz. The 38-year-old Modric has become a second-half substitute for Ancelotti this season after being a career starter.

In a series of moves experts say signal a shift in how developing countries deal with pharmaceuticals, South Africa, Colombia and others have recently adopted a more combative approach towards drugmakers, pushing back on policies that deny treatment to...

Nagaland chief minister Neiphiu Rio said that Colombia, United States of America, and Germany will be the partner countries for Hornbill music festival which will start from December 1. The festival continues till December 10. Rio stated in X, “I am happy to announce that Colombia is the Country Partner of the Hornbill Music Festival 2023.