colombia
Colombian Emerald Exports to Rebound on India Demand
BusinessWeek Colombia, producer of the world’s largest emeralds, expects to boost export sales by about half this year as buyers in India spur a recovery in demand. Exports of the gems mined mainly in the mountains of central Colombia will rise to about $120 million this year, from $80 million in 2009, Oscar Baquero, president [...]
Frontier Investing – Asia and Latin America
TWO OF AMIT WADHWANEY’S passions are international stocks and ethnic restaurants. That he is an avowed value investor is no surprise, given that Third Avenue Management, his employer, was founded in the mid-1980s by famed bargain-hunter Marty Whitman. Wadhwaney’s duties include running the Third Avenue International Fund (TAVIX). Barron’s recently caught up by Wadhwaney by [...]
Nation rehabilitation: Colombia emerges from shadows, and eyes strong trade partnership with India
Colombia – the only risk is wanting to stay Minister Santos speaking after 2010 CII Indo-LAC ConclaveThe Globe and Mail Indeed, The New York Times listed Colombia in its top 31 places to go in 2010, saying Bogotá has become “a role model of urban reinvention,” and calls Cartagena the next Buenos Aires. Lonely Planet [...]
Colombia Economy Faces ‘Difficult’ 2009, Roubini Says
Bloomberg.com Colombia has been among the nations hardest hit in Latin America this year and its prospects may not improve as exports fall, said Nouriel Roubini, the New York University professor who predicted the financial crisis. “It’s going to be a difficult year,” Roubini said in an interview in New York. “Colombia has been hit [...]
EU-Andean Community trade talks fall apart
.::. Latinamerican Press ::.. The European Commission announced on Nov. 11 that talks for a trade pact between the EU and the Andean Community were officially over. E.U. External Relations Commissioner Benita Ferrero-Walder said that last-ditch efforts to forge a region-to-region agreement had failed, and that it was moving ahead with separate agreements with Colombia [...]
Colombia to have six palm biodiesel plants by 2009
TMCNet.com Colombia, the leading producer of palm oil in the Americas, will have six palm biodiesel plants by next year and plans to increase its share of the biofuels market, sources from the sector said In an interview Friday with Efe, the president of Colombian palm oil producer Comercializadora Internacional Acepalma, Maria Emma Núñez, said [...]
Colombian coffee icon defies Starbucks doldrums
International Herald Tribune Starbucks may be struggling, but a Colombian cafe chain built on the fame of the world’s biggest coffee icon is determined to buck the trend. Even as cash-short consumers cut back on gourmet blends, the Juan Valdez Cafe is selling coffee at 101 stores across Colombia, as well as at outposts in [...]
Colombia aims to make El Dorado gold myth a reality
Forbes.com Colombian gold production is expected to more than double over the next decade as a crackdown on leftist rebels makes wide areas of the country safe for exploration after decades of violence. Colombia, home to the legend of a gold-filled lake called El Dorado, will produce 41.5 tonnes (1.463 million ounces) of the metal [...]
Andean Nations Get U.S. Trade Preferences Extended by House
Bloomberg.com: Latin America The U.S. House approved extending trade preferences for Colombia, Peru and more than 100 other developing nations, setting up a possible vote in the Senate this week. The bill, which would suspend $1 billion in tariffs, will continue for a year two separate measures that allow developing countries to ship their products [...]
Colombia, Peru presidents urge quick EU trade deals
News | Africa – Reuters.com Peru and Colombia, frustrated by slow region-to-region free trade talks between the EU and South America’s four Andean countries, have formally asked Brussels to pursue swifter bilateral negotiations with them. The free-market presidents of Peru and Colombia made the proposal this month, trade officials told Reuters, underscoring their split with [...]
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