Tag: Colombia

• Monday, February 14th 2011 - 14:48 UTC

  Rail alternative to the Panama Canal proposed by China to Colombia

  

  A rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America. The 220 kilometers 'dry canal' would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.

• Monday, February 14th 2011 - 06:11 UTC

  Colombian president supports legalizing drugs if it reduces violence and crime

  

  Colombian President Juan Manuel Santos said in an interview published Sunday that he could consider legalizing drugs as a way to reduce violence and crime in his country. He joins a list of prominent Latinamerican leaders who are promoting the initiative.

• Friday, February 11th 2011 - 06:29 UTC

  Colombian oil and coal reserves attract Latam’s tycoons

  

  Carlos Slim considered by Forbes Magazine the richest man in the world said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.

• Friday, February 11th 2011 - 06:10 UTC

  Colombian rebels release hostage but at the same time kidnap two contractors

  

  Colombian President Juan Manuel Santos blasted Thursday the “double moral” of the FARC guerrilla that kidnapped two workers while preparing for the release of several hostages held for years and revealed he was tempted to suspend the liberation operation.

• Monday, January 31st 2011 - 20:41 UTC

  Paraguay supports Colombia’s bid to join Mercosur

  

  Colombia’s request to formally join Mercosur will be addressed during the group’s next summit to be held in Paraguay June 24th, revealed Paraguayan Foreign Affairs minister Hector Lacognata.

• Tuesday, December 14th 2010 - 14:05 UTC

  Colombia’s Ecopetrol announces seventh technical oil discovery in 2010

  

  Colombia’s Ecopetrol has reported oil shows from a second stratigraphic well on the Cano Sur block, where Shell holds a 50% stake. Ecopetrol said that it completed drilling of the Draco-1 well, located in the southeastern province of Meta.

• Saturday, November 27th 2010 - 13:24 UTC

  Ecuador and Colombia re-establish full diplomatic relations

  

  The presidents of Colombia and Ecuador announced Friday they will resume full diplomatic relations after more than two years of estrangement.

• Wednesday, November 24th 2010 - 20:50 UTC

  Colombian oil industry booming; Ecopetrol plans 8.5 billion investments

  

  Colombian state oil company Ecopetrol announced investments of roughly 8.5 billion US dollars in 2011, with 5% of that total to be allocated for projects in the United States, Brazil and Peru.

• Thursday, November 11th 2010 - 21:35 UTC

  Former FARC hostage claims Colombia treats her “as a criminal, not a victim”

  

  Ingrid Betancourt, a former Colombian presidential candidate who was held captive by the FARC guerrilla for six years, accuses Colombia of treating her “worse than a criminal” since she was rescued in 2008, according to reports in the Argentine press.

• Wednesday, November 10th 2010 - 05:57 UTC

  Latin America’s second largest bourse by market value is launched in Peru

  

  The main securities exchanges in Chile, Colombia and Peru plan to begin trialling cross-border stock trading in an arrangement that may lead to the creation of Latin America’s second-largest bourse by market value.