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January 2013

March 6, 2013

U.S. Department of Defense

South Carolina Adjutant General Army Maj. Gen. Robert E. Livingston Jr. led a team of 10 soldiers and airmen to Bogotá, Colombia, Feb. 19-22 for the latest engagement of the newly formed State Partnership Program between South Carolina and the Republic of Colombia.

January 24, 2013

New York Times

“Adiós, Queens!” said the squat, burly man to Maria Marquez-Hass, the owner of Dulce Vida Cafe on Lexington Avenue and 82nd Street, on a recent Saturday. He wasn’t talking about an impending move. He meant that her Colombian food was so good that he would no longer have to traipse from his home in the Bronx out to Jackson Heights, where many of the city’s Colombian restaurants are found, to get his fix.

January 24, 2013

Colombia Reports

Shine America the producer and distributor television and digital content has launched a new Spanish language division, with new offices in Colombia and Miami (US). The new division of Shine America will produce and distribute original Spanish-language content to the U.S. and Latin American marketplaces.

January 24, 2013

Colombia Reports

United States senator John Kerry on Thursday commended the strides the Colombian government has made to curb violence and cites the country as an example for the rest of the region. Kerry, who has been nominated for US secretary of state, said at a senate confirmation hearing on Thursday that he hoped Washington could make progress in the Western Hemisphere with improved relations with Venezuela, Bolivia and Ecuador, much like the success the United States had with Colombia.

January 24, 2013

Colombia Reports

Colombian president Juan Manuel Santos on Thursday confirmed that his country was first on the list to join the Organization for Economic Cooperation and Development (OECD). 

January 25, 2013

NBC

Competitors fly above the mountains in Roldanillo, Valle del Cauca department, Colombia, during the Paragliding World Cup Superfinal, on January 24, 2013. The competition is taking place for the first time in Colombia and involves the 140 world's best pilots from 32 countries.

January 23, 2013

Reuters

A new 22-million-tonne-capacity Colombian coal port by Glencore International PLC's Prodeco unit should be ready in the next "few months", the government said on Wednesday. Two of Colombia's top three coal exporters, Prodeco and Drummond International, are building new Caribbean ports to expand capacity as they ramp up production and because of a change in rules requiring upgrades to how coal is put on ships.

January 23, 2013

Aviation Today

Sabena Technics subsidiary Barfield opened a new aircraft maintenance, repair and overhaul facility in Bogotá, Colombia, on Tuesday. Barfield said the new facility will focus on avionics testing and repair, eventually expanding its capabilities to support a larger range of aircraft components. The company did not say what aircraft the facility will specifically be supporting.

January 18, 2013

American University Intellectual Property Brief

The Colombian Congress declared the “vueltiao” hat a national cultural symbol in 2004.  These hats are hand-woven from natural cane fibers by Zenu indigenous people in the northwest provinces of Cordoba and Sucre. Colombian and foreign artists, athletes and politicians have worn the hat in numerous occasions. In 2011, the vueltiao hat became a collective mark and Zenu weaving became a denomination of origin. In the past few months, almost one million knock-off vueltiao hats entered Colombia from China.

January 22, 2013

BBC

After a difficult few years for Colombia's coffee growers that has seen global market fluctuations and poor weather hit profits, there's hope that 2013 will see the industry rebound. The National Federation of Coffee Growers say they hope to expand the land area used for coffee cultivation in the country by approximately 100,000 hectares during 2013 to boost productivity.

January 18, 2013

Colombia Reports

After an arduous and daring ascent, seven Colombian climbers on Thursday reached the highest peak in Antarctica. President Juan Manuel Santos was the first to hear the news when he received a call from the climbers directly from the 16,000-feet peak of Mount Vinson. 

January 25, 2013

Colombia Reports

Paul Schrader, writer of 'Taxi Driver,' and Willem Dafoe are among the big names at the 53rd International Film Festival of Cartagena de Indias. The festival, which runs through January 27, exhibits selections from around the world, favoring Colombia only slightly, and awards prizes to outstanding films, including $10,000 for best picture.

January 25, 2013

Havana Times

Colombia will be the nation of honor at the 33rd Caribbean Festival (of Festival of Fire), scheduled from July 3 to 9 in the eastern province of Santiago de Cuba, organizers said at a press conference. According to Orlando Verges, the director of the Casa del Caribe, Colombian artist Bazanta Sonia (popularly known as “Toto”), will participate in the celebration.

February 20, 2013

CNN

It's a common error, but one that leaves those with an affinity for Latin America shaking their heads: The Andean country known for its coffee and flower exports is Colombia, not Columbia. Now, a group of marketing-savvy Colombians, spurred by the government's public relations arm, have launched a social media campaign to set the record straight.

January 31, 2013

Colombia Reports

A Colombia development agency on Wednesday approved more than $28 million for higher education projects in central Colombia. Findeter, a financial development agency linked to the Colombian ministry of finance, will invest the money to improve the quality of education in the central Colombian department of Caldas, according to a statement issued by the ministry.

January 31, 2013

Forbes

Colombia, with its 45 million consumers, has long seemed a prime market for U.S. exports in the region. It has the third-largest economy in Latin America, and in 2010, U.S. producers exported more than $11 billion in goods to Colombia, making it the U.S.’s third-largest market in Latin America after Mexico and Brazil.

January 30, 2013

Colombia Reports

Colombia's state-controlled oil and gas giant Ecopetrol this week eclipsed Brazil’s Petrobras on the New York Stock Exchange. Ecopetrol’s market capitalization increased to $129.95 billion on the NYSE, overtaking Petrobras, currently valued at $121.87 billion. The 25% increase in value of Ecopetrol pushed the company past Petrobras after the state-governed Brazilian energy company lost nearly 40% of its value over the same period, according to NASDAQ's official website.

January 28, 2013

Colombia Reports

Colombia's ambassador to the United Nations (UN) on Monday was elected President of the UN's Economic and Social Council (ECOSOC). Nestor Osorio Londoño will lead the influential UN council responsible for economic and social work. They address topics as varied as promoting sustainable development and environmental conservation, drug policy, science and technology development, and promoting equal rights for women.

January 28, 2013

Colombia Reports

Colombia's free trade agreement with the European Union (E.U.) and Peru is expected to be implemented by the end of March, said the president of the European Commission on Sunday. The accord, signed last June, awaits ratification in the Colombian Senate. The European Parliament and the Peruvian Congress approved the deal in December.

January 28, 2013

Herald Online

Ad Age has announced its hotly contested Agency ‘A List’ and has named Lowe and Partners’ Colombia agency Lowe SSP3 its International Agency of The Year. … Lowe SSP3 is the first Colombian agency to win this accolade. Agencies from across the world compete and past winners have been among the most interesting and successful agencies in the history of our industry.

January 28, 2013

Colombia Reports

Colombia, Chile, Peru, and Mexico will eliminate 90% of all trade barriers between their respected countries, said Colombian president Juan Manuel Santos on Monday. The agreement marks a new era of relations between the constituent countries of the Pacific Alliance, a trade bloc which serves to increase competitiveness in international commerce. Besides improving competitiveness, the Pacific Alliance was created to offset the Mercosur group, which includes Brazil and Argentina. The alliance has a combined GDP of $1.7 trillion dollars, which is equal to 35 percent of Latin America’s GDP.

January 27, 2013

Bloomberg

The European Union, Colombia and Peru are working to implement their free trade agreement on a provisional basis by the end of March, European Commission President Jose Manuel Barroso said. Full implementation will follow once the accord has been approved by Colombia’s Senate, Barroso told reporters in Santiago, Chile. The European Parliament and Peru’s Congress approved the deal last month, he said.

January 27, 2013

The Age

To get your bearings and to glimpse Bogota's scale (it's home to 8 million people and, in South America, only Sao Paulo, Rio de Janeiro and Buenos Aires are bigger), head up to Monserrate, a religious sanctuary set in the lush forested mountains overlooking the Colombian capital.

January 19, 2013

Colombia Reports

Colombia's culture minister on Saturday inaugurated Barranquilla's pre-carnival, a series of festivities preceding the city's carnival that will kick off on February 9. Minister Mariana Garces officially opened the carnival's Documentation and Information Center and will attend the "Lectura de Bando," the official opening of the pre carnival later in the evening.

January 20, 2013

Fox News Latino

Northwestern Spain's University of Santiago de Compostela is leading a project to create "sustainable energy communities" in Colombia, providing free electricity to residents of La Primavera, a town in the so-called "FARC zone," officials said.

January 9, 2013

Colombia Reports

President Juan Manuel Santos announced Wednesday that the government will support over 200 volunteers to teach English in Colombia in 2014. According to a Presidential press release, there are already 43 volunteer teachers from the United States, Canada and Britain in Colombia, who arrived through a volunteer foundation to help strengthen English programs in public colleges and universities across the country for roughly one year.

January 9, 2013

Colombia Reports

Foreign investment in Colombia’s oil and mining sector exceeded $13.12 billion in 2012, marking an 8.38% increase since 2011, local media reported on Wednesday. The records of the Central bank show that in 2011 Foreign Direct Investment in oil and mining was $12.23 billion.

January 9, 2013

CNTV

Colombia's renowned Blacks and Whites Carnival is, despite its name, a colorful parade, comprised of elaborately designed floats and costumes. The country's leader Juan Manuel Santos says he was honored to be the first president to attend the event's finale.

January 7, 2013

Wall Street Journal

Colombia's coffee production rose sharply in the final month of last year but full-year production still came in under 2011's output due to bad weather and a crop-renovation program that took a while to yield results. December's production totaled 904,000 60-kilogram bags, a 23% increase from 735,000 bags in December 2011, according to data released by Colombia's National Federation of Coffee Growers, or Fedecafe. For all of 2012, output was 7.74 million bags, 1% lower from 2011's total.

January 4, 2013

Bloomberg

President Juan Manuel Santos cut taxes on overseas investors’ earnings from domestic securities to 14 percent from 33 percent as of Jan. 1 to help boost demand and lower borrowing costs. Only 3 percent of government peso bonds are held by foreigners, compared with 55 percent in Peru and 36 percent in Mexico. “There’s a lot of interest in participating in the local Colombian market,” Alvaro Vivanco, a strategist at BBVA, said in a telephone interview from New York. The tax cut makes “yields very attractive. Investors will be moving into the local curve as the fundamental reason for holding global bonds disappears.”

January 7, 2013

Colombia Reports

Colombia's government has signed an $850 million investment deal with the western department of Nariño in a bid to improve the area over the next five years, local media reported on Sunday. Colombian radio station, La W reported that the grant, $680 million of which will come from the national government with the rest coming from the department's local government, will be used to implement around 50 different infrastructure plans.

January 6, 2013

Colombia Reports

Colombia is the happiest country on earth, according to a recently released poll by WIN/Gallup International Association. The Global Barometer of Hope and Happiness measured the happiness and hope in 54 countries around the world. According to the survey, inhabitants of Colombia are almost twice as happy as the world average.

January 4, 2013

Mining.com

Colombia's largest coal mine, Cerrejon, exceeded its export and output goals for 2012, reported local newspaper Qué Es. The operation —a joint venture between BHP Billiton (ASX, NYSE:BHP), Anglo American (LON:AAL) and Xstrata (LON:XTA)— produced 34.6 million tons of coal last year, 4% more than the projected 33.3 million tons and exported 32.8 million tons, 2.5% over the 32 million ton target.

January 2, 2013

Knowledge @ Wharton

Every day, more than 500,000 coffee growers throughout Colombia fulfill a family tradition, one that has been passed down from generation to generation. Growing premium-quality coffee beans across nearly 2.2 million acres of Colombian highlands is an important part of their heritage.

January 2, 2013

Colombia Reports

The Colombian stock exchange rebounded in 2012 after a decline in the previous year. According to Colombian economic newspaper Portafolio, increased investments in hydrocarbon, mining, and construction helped the stock exchange to grow this year.

January 9, 2013

Wall Street Journal

Colombian stocks rose Wednesday as shares of Cemex Latam Holding (CLH.BO) reached their highest price since the stock's initial public offering two months ago. The Colcap index, a benchmark for the Colombian Stock Exchange, rose 0.67% to end at 1,844.33 points. The Colcap index rose 17% last year.

January 10, 2013

Jetblue Airways

JetBlue Airways (Nasdaq: JBLU) today announced its new daily nonstop service between Fort Lauderdale-Hollywood International Airport (FLL) and Jose Maria Cordova International Airport (MDE) in Medellin is out for sale today in the United States. Medellin will be JetBlue's 79th BlueCity and third Colombian destination (a).

January 22, 2013
January 17, 2013

Bloomberg

The peso advanced 0.5 percent to 1,765.66 per U.S. dollar at the close of trading in Bogota, the biggest jump since Dec. 28. It has gained 1.7 percent in the past month. The currency reached an intraday high of 1,750.50 on Jan. 2, the strongest since July 2011.

January 17, 2013

Bloomberg

Sociedad Matriz SAAM SA (SMSAAM), the port operator spun off from the container shipping company Cia. Sud Americana de Vapores, rose after announcing a deal to expand operations in Colombia.

January 16, 2013

Houston Chronicle

The Houston Symphony has picked Andres Orozco-Estrada, a native of Colombia, as its next music director. When he takes over in 2014, Orozco-Estrada, 35, will be the orchestra's first Hispanic leader. Born in Medellin, he moved to Vienna at age 19 to study at the city's Music Academy.

January 17, 2013

Huffington Post

By the end of 2012, Colombia was crowned the happiest country in the world. But why exactly are Colombians so happy? A poll by WIN/Gallup International Association released earlier this month revealed that individuals in the South American country not only felt the happiest but almost doubled the global average.

January 15, 2013

Colombia Reports

The northern Colombian port city of Barranquilla will host an international arts festival, where creative minds from a variety of artistic professions will descend upon the city to showcase their talents, allowing audiences a glimpse into what makes them tick. The four-day carnival, which begins on January 27, has been billed as a tribute to the "world's greatest creators," one which will give carnival-goers an insight into their lives, works and creative processes.

January 15, 2013

Colombia Reports

The mayor of Bogota has confirmed that the green light has been given for initial feasability studies into light rail for Colombia's capital, local media report. Bogota's Mayor Gustavo Petro has confirmed preliminary stages for the construction will be undertaken by three engineering firms, "Pedro Gomez", "Nexis Egis Infraestructura" [sic] and "Sainc".  The companies will first look at the feasibility of installing a light rail system along "Carrera Septima", Bogota's primary North-South thoroughfare for traffic.

January 14, 2013

Bloomberg News

Colombia’s peso rose the most among major Latin American currencies amid mounting speculation that a tax cut will lure foreign investors and as companies exchange dollars for the local currency to pay taxes.

January 15, 2013

Colombia Reports

Colombia's foreign minister on Tuesday reviewed bilateral relations and discussed future challenges with US Secretary of State, Hillary Clinton. The meeting took place in the United States capital of Washington D.C, where the two politicians reviewed the last four "fruitful" years. Among the main topics of discussion was the US-Colombia free trade agreement, environmental and energy issues, and others.

January 15, 2013

Centre for Aviation

The Colombia-US market is poised for rapid growth following the implementation of open skies between the two countries on 01-Jan-2013. JetBlue and LAN Colombia have already unveiled plans to add services in the Colombia-US market during 2013 and other carriers, including market leader Avianca, will likely follow.

January 2, 2013

New York Times

Few people in Corona, a Queens neighborhood teeming with Colombians, would suspect that the old man with the fedora walking steadily down 82nd Avenue had recently been bestowed the Cruz de Boyacá, one of their homeland’s highest honors. Yet at 92, Nereo López is arguably one of the most accomplished Colombian photographers of his — or any — generation, always on the move as he chronicled the famous and the obscure, the powerful and the dispossessed.