image description

August 2012

August 31, 2012

Colombia Reports

Colombia's 40th International Culture Festival kicked off in the central Boyaca department Friday. Over four decades, the biggest cultural event of the department has developed and grown into a design which educates and shares diverse and exciting cultures from around the world. Maria Ines Motta, the Secretary of Culture and Tourism in Boyaca, said that the event, running from August 31 to September 8, is a showcase for the country and will interlace ancestral culture with the expressions of the world of arts.

August 24, 2012

Reuters

Colombian President Juan Manuel Santos moved Energy Minister Mauricio Cardenas to head the finance post on Thursday in a surprise move for Latin America's fourth-largest economy. … Santos, after naming Cardenas, said he was "designed to be finance minister." He previously held ministerial posts in economic development and transport.

August 21, 2012
August 22, 2012

Denver Post

The Colombians have the most important thing, Mesa said, as he gestured at this team grinning from the windows of their budget vehicles. They are so tiny they look like a gang of jockeys. All of them were living on rural farms in Colombia before they were recruited to show the world what they can do on two wheels. "The legs. It's the power in the legs that's important. They have that," Mesa said. "And they have the heart," he said, placing a hand over his.

August 22, 2012

UN News Centre

Literacy programmes in Bhutan, Colombia, Indonesia and Rwanda won the 2012 International Literacy Prizes of the United Nations Educational, Scientific and Cultural Organization (UNESCO). … The Interactive System Programme, operated by the Fundación Transformemos in Colombia, will receive the second UNESCO Confucius Prize for Literacy for its peacebuilding and income-generating activities in areas affected by conflict and violence. The programme seeks to improve literacy through an intercultural approach and has reached some 300,000 persons since it began in 2006.

August 22, 2012

Colombia Reports

The northern Colombian city of Barranquilla was named the American Capital of Culture 2013. The distinction coincides with the 200th anniversary since the Baranquilla was granted the title of a town, although it is much older having been founded between 1627 and 1637. The International Bureau of Cultural Capitals selected Barranquilla as the American Capital of Culture 2013 "for the city's clear commitment to make culture a strategic element of social cohesion, civic revitalization, economic development and international promotion," said Bureau president Xavier Tudela.

August 21, 2012

Bloomberg

JetBlue Airways Corp. (JBLU) plans to increase its flights to Colombia and open a new route between Bogota and Puerto Rico in the second half of 2013, Portafolio reported, citing company Chief Executive Officer David Barger. JetBlue is also interested in adding flights to Medellin, Cali and Barranquilla, the Bogota-based newspaper said.

August 21, 2012

Colombia Reports

Colombian citizens were feeling better about their city's security in July than two months before, according to a poll released Monday. … 18.5% of the inhabitants of Colombia's 11 largest cities considered their city "very safe." In May, 15.1% of Colombia's urban dwellers answered the same.

August 20, 2012

Colombia Reports

Colombia's president Juan Manuel Santos announced Monday that over $181 million is available to pay damages to victims of violence, according to radio station Caracol. Santos revealed the government's goal to pay damages this year to more than 115,000 Colombians affected by violence. The president announced on Urna de Cristal, a television program promoting transparancy and civilian interaction with the government, that a register of victims had been started along with a center for vicitims in Colombia's capital Bogota, 63 service centers countrywide and a call center with a national helpline.

August 20, 2012

The Daily Telegraph

Foreign tourists are wising up to Colombia, thanks in part to the positive publicity generated by the Hay Festival in Cartagena, offshoot of that literary gathering in the Welsh Borders. The number of British visitors increased by 40 per cent in 2011 alone. They come, first and foremost, for the natural bounty the country has to offer. Packed into a country the size of France and Spain combined are three ranges of the Andes, miles of Caribbean beaches, dense jungles that reach right to the shores of the Pacific, and the might of the Magdalena and Amazon rivers. Measured per square foot, Colombia is the most biodiverse country in the world. It has more species of birds, frogs and orchids than any other country and hundreds more have yet to be classified.

August 15, 2012

Colombia Reports

Colombia's Olympic team was welcomed back to their home country Wednesday with great enthusiasm after competing in the London 2012 Olympics. As promised, President Juan Manuel Santos greeted the athletes as heroes as they returned to Colombia from the summer Olympics to be honored in the country's capital Bogota. Santos was very passionate as he emphasized the importance of the unity of the country and how the athletes have helped bring the people of Colombia together.

August 15, 2012

Colombia Reports

The Free Trade Agreement (FTA) between Colombia and Canada has proven to be successful for both countries, said Colombia's trade minister Wednesday. The Colombian Minister of Commerce, Sergio Diaz-Granados, presented a panorama of results after marking the one year anniversary of the FTA between the two countries.

August 24, 2012

Colombia Reports

A Colombian cyclist won the men's Juniors Track World Championships finishing seven points ahead of competitors. Fernando Gaviria became a world champion in the International Cycling Union (UCI) Omnium championship in New Zealand on Friday. Gaviria, 18, from Colombia's Antioquia department, won the gold medal after finishing six rounds with a total of 15 points, finishing well ahead of Briton Jon Dibben and Australian Tirian McManus.

August 24, 2012

Bloomberg

Colombia tightened capital rules for banks to vaccinate the banking system from financial “viruses,” outgoing Finance Minister Juan Carlos Echeverry said. “The financial sector has been developing internationally, with the introduction of new agents in the local market, and the expansion of our banks into foreign markets, which reinforces the need to bring our regulations closer to international standards,” the Finance Ministry said in a statement.

August 31, 2012

EFE

Colombia has moved ahead of Argentina to become South America's second-largest economy, the outgoing Colombian finance minister said Friday. "Colombia surpassed Argentina in GDP, we are the second economy in South America after Brazil and the third in size (in Latin America) after Brazil and Mexico," Juan Carlos Echeverry told Caracol Radio.

August 30, 2012

Colombia Reports

The second festival of "Visiones de Mexico en Colombia" comes to the Gabriel Garcia Marquez cultural center in Bogota on Thursday. The two-week long festival seeks to strengthen and broaden the cultural offerings of Mexico in Colombia and to build bridges between the two nations.

August 31, 2012

Colombia Reports

Colombian President Juan Manuel Santos on Thursday announced he has appointed his interior minister to lead the Mining Ministry and has replaced the health minister. Former Interior Minister Federico Renjifo, a close ally of the president but heavily criticized over the way he handled recent indigenous unrest in the southwest of Colombia, was moved to the country's Mining and Energy Ministry.

August 29, 2012

Colombia Reports

President Juan Manuel Santos announced Wednesday that Colombia has invested more than $55 million in promoting tourism for the country over the last two years. During a speech in the coastal Cartagena city, President Juan Manual Santos revealed that investments in tourism promotion have increased during 2010 to 2012 by 20% in comparison to the period of 2008 to 2010.

August 30, 2012

Miami Today

Their mission is a trade mission. Their purpose: capitalize on the new US-Colombia free trade agreement and increase commerce between Florida and Colombia. As usual for this sort of excursion, Greater Miami and South Florida are expected to be heavily represented. The main destination is the Colombian capital of Bogotá, from Dec. 2 through 5.

August 30, 2012

Colombia Reports

Colombia's trade minister signed an agreement with other member states of the Pacific Alliance Wednesday to promote tourism between the members states of the Latin American trade bloc. The trade and tourism ministers of Colombia, Mexico, Chile and Peru met in Mexico City to sign a pact that according to Colombian Trade Minister Sergio Granados-Diaz has the aim to "increase the flow of visitors between the partners."

August 28, 2012

Bloomberg

Incoming Colombian Finance Minister Mauricio Cardenas wants growth in the Andean nation to be more “balanced,” with industry growing at a similar pace to the oil and mining sectors, according to an interview published in El Tiempo. It is “not necessarily good news” that oil and mining now account for 75 percent of Colombia’s exports, the Bogota-based newspaper quoted Cardenas as saying.

August 28, 2012

Yahoo! Finance

The Second Annual Colombia Day will be held at the New York Stock Exchange on September 10th and 11th. The event will begin with the ringing of The Opening Bell on the trading floor of the NYSE Euronext, followed by media interviews and investor meetings. Colombia Day at the NYSE 2012 is two-day event to promote visibility to the Colombian financial markets.

August 29, 2012

Fox News Latino / EFE

A consortium made up of Brazil's Camargo Correa S.A. and Colombian firms Constructora Conconcreto S.A. and Coninsa Ramon H. S.A has been awarded a contract to build what will be Colombia's largest hydroelectric dam, officials told Efe. The contract - awarded Tuesday by utility group Empresas Publicas de Medellin, or EPM - covers construction of the 2,400 MW Ituango Hydroelectric Project, which is scheduled to come online in 2018.

August 27, 2012

Forbes

Latinas around the world are wielding more power than ever before: eight of the 100 most powerful women in the world are Latina. And their numbers are on the rise. Four of the list’s 16 newcomers are Latina women: Maria das Gracas Silva Foster of Brazil’s Petrobras and celebrities Jennifer Lopez, Shakira and Sofia Vergara.

August 28, 2012

Colombia Reports

Colombian President Juan Manuel Santos on Tuesday ratified the position of Housing Minister German Vargas and announced that Luis Eduardo Garzon will join the cabinet.

August 15, 2012

Fox News Latino

Colombian oil firm Ecopetrol will supply 12 million barrels of crude to a private Indian refining company under a year-long contract worth approximately $1.2 billion, the Bogota-based company said Wednesday. "This export contract offers Ecopetrol advantages because it ensures a systematic sale of crude at a pre-arranged price," the company said, noting that the accord bolsters its "business strategy of supplying crude to end users."

August 16, 2012

Colombia Reports

In over 30 different theaters and stages throughout Colombia's second largest city, theater performances, story telling, dancing and circus acts will feature more than 1600 international, national and local artists. The week-long "Medellin en Escena" festival kicks off Friday August 24 with the show "The Day You'll Love Me" by Ocarina and a musical tribute to Pink Floyd by the Classicstone Ensemble accompanied by Rock Symphony Production.

August 8, 2012

Colombia Reports

New York’s Empire State building was lit up with the colors of Colombia’s flag Tuesday to celebrate its Olympic Participation. Colombia’s yellow, blue and red share the limelight with Latvia, Uzbekistan and Ethiopia, each of whose flags take up one side of the iconic skyscraper.

August 6, 2012

STA Travel

Colombia is the place to go at the moment, Alex. In the last 5 years Colombia’s safety record has dramatically improved and as a result it’s growing rapidly as a tourist destination. In terms of highlights, well, the country has many! Cartegena in the north is a spectacular destination infused with Caribbean charm. This small city is composed of colonial architecture painted in array of exotice eye-catching hues.

August 6, 2012

Colombia Reports

Colombian equestrian Daniel Bluman on Monday qualified for the Olympic finals. Bluman and his horse "Sancha" have made it to the finals after the third qualifer of the equestrian jumping individual qualification of the 2012 London Olympics.

August 7, 2012

Colombia Reports

Foreign Direct Investment (FDI) in Colombia grew 26% in the first six months of 2012 compared to the same period last year, said the country's trade minister Monday. According to Minister Sergio Diaz-Granados, foreign investors pumped $9.4 billion into the Colombian economy in the first half of this year.

August 3, 2012

Colombia Reports

The training ship of the Colombian Navy, "Gloria," will open its doors to visitors in Spain this weekend. During its seventh sail around the world, Gloria has made its stop this Friday for three days in Barcelona to let visitors see what life aboard the training ship would be like.

August 5, 2012

VOXXI News

Weightlifter Oscar Figueroa took a silver back to his home in Colombia, after becoming on Monday the first Colombian to set an Olympic record. Figueroa arrived in Bogotá, Colombia, late Thursday night, and spoke to the media at a press conference on Friday morning. “I decided to be totally calm,” the weightlifter said, describing how he felt before going up to compete. “I was prepared to do much more.” These were his third Olympics.

August 5, 2012

Fox News Latino

Colombia's Caterine Ibarguen took the silver medal in the women's triple jump at the Olympic Games here. Ibarguen, who had won the bronze at the Daegu, South Korea, competition, competed in a magnificent final but was beaten by Kazakhstan's Olga Rypakova, who had taken home the silver at Daegu. Olha Saladuha of Ukraine took the Olympic bronze.

August 2, 2012

UN News Centre

Projects from Australia, Bangladesh, Colombia, India, and Kenya that inspired and galvanized environmental action are the winners of this year’s World Environment Day Challenge, the United Nations announced today. … Among the winners is Fundacion Ecoprogreso, a group in Colombia that works to protect a mangrove lagoon surrounding the city of Cartagena, organized activities for the Day to raise awareness of the importance of the mangrove ecosystem for the local green economy, especially for ecotourism and sustainable fishing.

August 1, 2012

Miami Herald

In the border town of Pasto with Foreign Minister María Angela Holguín on Wednesday, Santos reminded residents that it was his administration that restored diplomatic ties with neighboring Ecuador and Venezuela and helped put the nation back in the middle of the regional spotlight. “You lived that tragedy,” he said of the broken border ties. “We didn’t have a relationship with Venezuela and we insulted each other on and off; some people even talked of war...We’ve changed that 180 degrees.”

August 1, 2012

New York Times

This two-story corner house in Bogotá’s oldest historic neighborhood, La Candelaria, is nestled among stucco buildings with Spanish tile roofs. A rustic open-air courtyard with terra cotta floor tiles is the central feature of the 8,445-square-foot-home; it has a fountain, jasmine, bougainvillea, potted plants and a large avocado tree.

August 2, 2012

EFE

Colombian Yuri Alvear won an Olympic bronze medal Wednesday in the 70-kilogram class of women’s judo after dominating her bout with China’s Chen Fei. The 2009 middleweight world champion lost in the quarterfinals of the main draw to France’s Lucie Decosse, the heavy favorite for the gold, but she defeated Slovenia’s Rasa Sraka and Chen in the consolation bracket to claim a podium spot.

August 7, 2012

Colombia Reports

The second International Theater Festival for Peace will return to the central Colombian city of Barrancabermeja for nine days of collective creativity. The festival will be held from September 15 to 23 to"amplify the vision and enrich the imagination" of artists from around the world. It looks to transform the image of Barrancabermeja, or "Barranca," from one of oil and violence to that of creativity and construction.

August 9, 2012

Colombia Reports

President Juan Manuel Santos on Thursday called on Colombians to understand and appreciate the country's many native ethnicities and cultures. "What a rich culture! A wealth that is further supported by 65 native languages. This cultural heritage is a priviledge that few countries of the world have, and we, as Colombians, should know, value, respect, protect and defend [this privilege]," said Santos in a press release in honor of the International Day of the Rights of Indigenous Peoples.

August 16, 2012

Colombia Reports

After the best ever Olympics in the history of Colombia, the South American country is preparing for the 2012 Paralympics held later this month in London. Colombia's First Lady, Maria Clemencia Rodriguez de Santos, announced Wednesday at the official presentation of the Paralympic Committee that she would be accompanying the delegation to London for the games.

August 16, 2012

Fox News Latino

Colombia's Ecopetrol and two U.S. joint venture partners have discovered oil and gas at a deep-water well in the U.S. Gulf of Mexico, the Bogota-based firm said Thursday. The discovery is the second by the venture made up of U.S. firms Apache and Stone Energy and Ecopetrol America, the Colombian state oil company's U.S. subsidiary, in an area Ecopetrol described as "one of the world's greatest hydrocarbon prospectivity zones."

August 13, 2012

Colombia Reports

Antioquia wants tourists to visit the northwestern Colombian department's coffee farms to see how they produce "the world’s best coffee." To achieve this, the department launched the project, “Antioquia: Origen of gourmet coffees,” a government's development plan that aims to advance the department's economy while revamping rural tourism in the region. “Coffee is a lifestyle here,” coffee grower Jhon Felix Trejos from Venecia, a village in the southwest of the department, told Colombia Reports.

August 11, 2012

China Daily

Colombian President Juan Manuel Santos Friday celebrated the country's first gold medal of the London 2012 Olympic Games. Santos first thanked cyclist Mariana Pajon for garnering the country's first gold medal of the games in the women's BMX (Bicycle Motocross) race. "Thank you Mariana Pajon for this medal," Santos wrote in his official Twitter account shortly after hearing the news. He said the achievement raised the status of Colombian women "and fills us with patriotic pride."

August 12, 2012

Los Angeles Times

A quarter century ago, Fox figured there was room for more than just three big TV networks. It created Fox Broadcasting, which would redefine television with shows such as "Married ... with Children," "The Simpsons," "24" and "American Idol." Now, Fox is hoping to stage an encore. Rupert Murdoch's company on Monday unveiled MundoFox, a new Spanish-language broadcast network. A joint venture with Colombian powerhouse RCN Television Group, the network will challenge the Spanish-language media dominance of entrenched rivals Univision Communications and Telemundo.

August 13, 2012

Colombia Reports

Colombia is being admired for its results at the 2012 Olympics in London where it won eight medals, the president of the country's sports federation said Sunday. The country performed above expectation; breaking its old three-medal record and ending up at the 38th spot of the final country ranking, beating all other Latin American countries but Brasil and Cuba and bringing home one gold, three silver and four bronze medals.

August 9, 2012

Dow Jones

Colombian stocks rebounded strongly Thursday from a seven-session losing streak, fueled by sharp gains in oil company Pacific Rubiales Energy Corp.(PRE.T, PREC.BO). The Colcap index, the benchmark for the Colombian Stock Exchange, rose 2.5% to end at 1652.22 points.

August 9, 2012

EFE

Colombia's Jackeline Renteria has duplicated the bronze medal she had won in Beijing in 2008 in the 55kg freestyle wrestling category, defeating Ukraine's Tatyana Lazareva. Renteria did not make it to the event's final round at the 2012 London Games because she lost a tight match to Canada's Tonya Lynn Verbeek.

August 10, 2012

Associated Press

Former world champion Mariana Pajon won the women's BMX competition, giving Colombia its first gold at the London Olympics on Friday. Pajon, her country's flagbearer at the opening ceremony, led from the start on the challenging course and crossed the line in 37.706 seconds after a flawless run.

August 8, 2012

EFE

Colombia's Oscar Muñoz beat Thailand's Pen-Ek Karaket here Wednesday to take the bronze medal in men's 58kg. taekwondo at the 2012 London Olympics. … "It was a very difficult fight, at the end I was able to solve it," the Colombian said, insisting that he never lost confidence that "everything was going to come out fine."

August 9, 2012

Colombia Reports

Colombian wrestler Jackeline Renteria on Thursday won bronze in the Women's 55kg Freestyle category, adding a sixth medal to her country's prize cabinet. … The Cali-born wrestler secured Colombia's sixth medal, doubling the country's record that, before London, never won more than three medals at an Olympic tournament.

August 1, 2012

Bloomberg

Colombia’s peso advanced as oil, the nation’s biggest export, rose on speculation central banks this week will take steps to support the global economic recovery. The peso strengthened 0.2 percent to 1,788.25 per U.S. dollar at 9:57 a.m. in Bogota. It has gained 8.4 percent this year, the best performance among allcurrencies tracked by Bloomberg.