Colombia Financial News

By Philip Pullella

By Nelson Bocanegra and Carlos Vargas

Tecpetrol, a major Argentinian oil producer, has announced plans to mine crypto using associated gas.

Bloomberg, the currency has climbed by 9 percent, outperforming the Colombian peso which recorded a 3 percent gain during the same period. On-year basis, the afghani has climbed by 14 percent, which makes it the third strongest performer after Colombia and Sri Lanka's currencies, according to the news agency's data.

Botero, whose sculptures and paintings of playful, rotund subjects in sometimes harrowing situations made him one of the world's richest artists, has died at 91. Heralded as South America's answer to Picasso, Botero also tackled violence and political topics, including Colombia's internal conflicts, as well as portraying daily life. His works have featured in exhibitions across the world. His canvases and sculptures sell for more than $2 million each, according to Sotheby's. The artist's bodacious subjects were portrayed in everyday situations — a corpulent naked woman lounging on a bed or a stout man riding a humorously out-sized horse — but served the artist's more serious goal of transporting the reader to what he called a «superlative dimension», where commonplace situations took on exaggerated proportions. Despite the comic plumpness of many of his creations, the artist never shied away from serious subject matter — his series of paintings about the Abu Ghraib prison scandal generated discussion across the art world. «Fernando Botero has died, the painter of our traditions and defects, the painter of our virtues.

cocaine trade has consistently risen which means it could be Colombia's number one export as soon as this year. In an official statement, Hernandez said, "We estimate cocaine export revenues jumped to $18.2 billion in 2022 — not far behind oil exports of $19.1 billion last year.

Lake Champlain and framed by the Green Mountains and New York's Adirondacks, Burlington — Vermont's most populous city, at just under 45,000 residents — draws visitors for its natural beauty, farm-to-table food scene and progressive sensibility. Among the longtime producers and makers (many of whom appear at the city's Saturday farmers market, which relocated in recent years), Burlington has a crop of new bars, cafes and wellness experiences, including a lakefront sauna. The city is also a jumping-off point to discover gems in neighboring Addison County, and to explore the Lake Champlain region, which is an almost sacred experience in fall, when the landscape unfurls into a spectacular temple. ITINERARYFriday 4 p.m. | Taste autumn in a cone Ben & Jerry's may be synonymous with Vermont, but it isn't the only place to grab a cone. Down the street from City Hall Park, look for the Italian flag that marks Shy Guy Gelato. Paul Sansone, an owner and native Vermonter, has churned gelato here since 2016, after learning the craft in Italy. Six flavors change daily, and autumnal favorites may include cider doughnut or sweet potato crunch. Take your cone ($6) and follow Maple Street, dotted with historic homes, to Perkins Pier, where a view of Lake Champlain and New York's Adirondack Mountains, about 12 miles across the lake, greets you. From there, walk 10 minutes north on the 8-mile Burlington Greenway — a bicycle and walking path initiated in 1985 by Bernie Sanders, who was then the mayor — to Waterfront Park, where visitors stroll the boardwalk and enjoy lakefront views.

National Hispanic Heritage Month began on Friday, September 15, a number of cultural programs celebrating Latino art and culture were held across the country. It is held every year from September 15 to October 15, to recognize the contributions of Hispanic Americans. Prior to National Hispanic Heritage Month, there was Hispanic Heritage Week. President Lyndon Johnson recognized it as a month of holiday for the first time in 1968.

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.

foreign exchange and fiscal revenues. Perhaps no company in the world is as closely linked to its country’s collapse as Venezuela’s state oil firm, PDVSA. At its peak in 1998, it provided 5% of global supply.

By Oliver Griffin

By Sarah Morland

Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask.

José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern coffee industry.

Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether for fiat currency.

Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings.

BOGOTA (Reuters) — Colombia's government and industry associations called on the central bank to lower interest rates on Monday and urged business leaders to resume investment decisions, in a bid to shore up the economy.

The Spot Bitcoin ETF delay leads one prominent New York corporate regulatory lawyer, and a Special Professor of Law at Hofstra Law School, to say, “Gary Gensler reminds me a little bit of Putin” in his attitude to crypto.

Ecuador's location is increasingly putting it at the confluence of two global trades: bananas and cocaine

RBI) Governor Shaktikanta Das has been rated ‘A+’ in the Global Finance Central Banker Report Cards 2023, the central bank said on Friday. Taking to X (former Twitter), RBI said," We are happy to announce that Governor Shaktikanta Das has been rated “A " in the Global Finance Central Banker Report Cards 2023.

Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine.