Colombia
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Latin American EV market accelerates threefold in 2024
The fleet of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
Borsa Istanbul leads world markets in dollar-basis losses
Turkey’s exchange-traded fund down 9.5% in year-to-date. Thai performance second worst at 6.5%.
Colombia officially joins China's "Belt and Road" initiative amid private sector concerns
Colombia has formally joined China's Belt and Road Initiative despite strong opposition from the country's private sector, which warns the decision could severely damage domestic industries.
China woos Latin America with $9bn credit line amid Trump trade tensions
China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.
Colombia to join Beijing's Belt and Road initiative
Colombia will join China's Belt and Road Initiative (BRI), President Gustavo Petro Urrego announced during his visit to the Great Wall on May 12.
Turkish inflation still ballsing up OECD charts
Despite some progress in reining in prices, Turkey's headline figure is a bar graph section too far.
ECLAC cuts Latin America growth forecast amid global uncertainties
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
IMF suspends Colombia's flexible credit line amid fiscal concerns
The IMF has suspended Colombia's access to its Flexible Credit Line (FCL), worth approximately $8.1bn and in place since 2009, citing concerns over the country's fiscal management.
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Colombia’s import surge deepens trade deficit
Colombia's trade deficit expanded sharply in February 2025 to reach $1.24bn, a 63% increase from the same month in 2024, driven by a significant rise in imports, according to government agencies.
LatAm set to be world's slowest-growing region as World Bank slashes forecasts
Economic expansion for region projected to be slowest globally as external pressures mount
Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
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Why investors are turning their gaze to Latin America after Trump tariffs
Trump's trade war unexpectedly boosts Latin America, with investors spotting fresh opportunities in a reshuffled global economic landscape.
Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says
The region's progress on UN goals is hampered by weak institutions and debt burden, warns UN commission in a new report.
The rise of war-hardened Balkan crime groups in South America’s cocaine market
Global Initiative report reveals organised crime groups from the Western Balkans have firmly embedded themselves in South America’s cocaine trade.
Latin America escapes full wrath of Trump's tariffs, as few nations bear brunt
Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.
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IMF: How Artificial Intelligence can boost productivity in Latin America
Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.
Latin American leaders blast Trump-Zelensky diplomatic fallout
The diplomatic rift between the United States and Ukraine has drawn sharp criticism from Latin American leaders, with Brazilian President Luiz Inácio Lula da Silva and his Colombian counterpart Gustavo Petro lambasting the Trump-Zelensky meeting.
Colombian president blasts Ukraine-US minerals deal as "stupidity"
Colombian President Gustavo Petro Urrego has criticised Ukraine's intention to finalise an agreement granting the United States access to its rare earth minerals, slamming the move as "stupidity."
Trump's migration clampdown endangers remittances lifeline to Central America
Trump's crackdown threatens vital remittances to Central America, where money sent by migrants makes up to 27% of GDP. The region received $160.9bn in 2024, but these crucial flows now face risk as families depend on them for survival.
Latin America faces growth hit as trade tensions escalate, warns Moody's
Trade conflicts and new tariffs could reduce Latin American economic growth by 0.3 percentage points in 2025 and 0.4 percentage points in 2026, with recovery delayed until 2028, Moody's Analytics warned in a recent report.