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Nov 15, 2012

Colombian rebels want constitutional assembly after peace deal

BOGOTA, Nov 15 (Reuters) – The top FARC rebel negotiator
wants a national assembly to change the constitution once a
peace deal is reached with the government, according to an
interview on a left-wing website published on Thursday.

Talks to bring an end to Latin America’s longest-running
insurgency will begin in Cuba on Monday when Colombia’s
government and the Revolutionary Armed Forces of Colombia,
better known by its Spanish acronym FARC, sit down for the first
round of a five-point peace agenda.

Nov 15, 2012

Interbolsa probe extends to Colombian officials

BOGOTA, Nov 15 (Reuters) – The Colombian Inspector General’s
Office, which investigates public officials, opened a
preliminary inquiry on Thursday into whether the government
dropped the ball before the collapse of the country’s largest
brokerage house.

The downfall of Interbolsa has dented investor confidence in
the Andean nation’s capital markets, but has not shown a broader
contagion to the financial system in Latin America’s
fourth-largest economy.

Nov 15, 2012

Colombian coal production falls 8 pct in 3rd qtr vs year ago

BOGOTA, Nov 15 (Reuters) – Colombian coal production fell 8
percent in the third quarter to 21 million tonnes versus the
same period last year as labor disputes cut output in the
world’s fourth-largest coal exporter, according to data from the
mining regulator.

Strikes at a key coal railway serving some of the country’s
top producers and at a large mine have had a negative impact on
output in Latin America’s top exporter of the material.

Nov 15, 2012

Colombia inspector general probes officials over Interbolsa saga

BOGOTA, Nov 15 (Reuters) – The Colombian Inspector General’s
Office, which investigates public officials, opened a
preliminary inquiry on Thursday into whether government bodies
dropped the ball in the collapse of the country’s largest
brokerage house.

The downfall of Interbolsa has dented investor confidence in
the Andean nation’s capital markets but has not shown a broader
contagion to the financial system in Latin America’s
fourth-largest economy.

Nov 13, 2012

Colombia, FARC peace talks delayed until Monday

BOGOTA (Reuters) – Peace talks between Colombia’s government and FARC rebels scheduled to start in Cuba this week will be delayed until Monday so negotiators can work on “technical” details, both sides said.

The discussions, which had been set to begin on Thursday, are the latest attempt to resolve a five-decade war that has left thousands dead and millions more displaced since the founding of the Revolutionary Armed Forces of Colombia, or FARC.

Oct 31, 2012

Colombian peace talks push President Santos’ popularity higher

BOGOTA (Reuters) – President Juan Manuel Santos’ popularity shot up 7 points to 58 percent thanks to Colombians supporting his peace talks with Marxist rebels to end five decades of war, according to an opinion poll published on Wednesday.

Yet while most are in favor of talks, more than half believe they will ultimately fail, according to the Gallup poll, painting a tricky picture for Santos as their success would almost assure him a second term if he decides to run in 2014.

Oct 30, 2012

Ecopetrol shares fall on results; attacks increase

BOGOTA, Oct 30 (Reuters) – Colombian oil producer
Ecopetrol’s share price tumbled 4.5 percent on Tuesday after
posting weaker-than-expected, third-quarter financial results.

Consolidated net profit for Ecopetrol fell 22.3 percent in
the quarter from a year earlier to 3.2 trillion pesos (around
$1.75 billion), partly due to a non-recurring expense and higher
costs, the company said on Monday.

Oct 26, 2012

Colombia holds rate as risks ease, likely to stay on hold

BOGOTA, Oct 26 (Reuters) – Colombia on Friday held its
benchmark interest rate steady for the second straight month, as
expected, and looked set to keep it on hold given lower global
risks and robust growth at home.

The majority decision by policymakers to keep the rate at
4.75 percent was based on strong domestic demand in Latin
America’s No. 4 economy, despite a likely slowdown in growth
during the third quarter.

Oct 26, 2012

Colombia holds rate again on signs of support for economy

BOGOTA, Oct 26 (Reuters) – Colombia’s central bank on Friday
held its benchmark interest rate steady for the second straight
month, as expected, on signs of support for the local economy
and a mixed picture abroad.

The majority decision by policymakers to hold the rate at
4.75 percent followed a likely slowdown in Latin America’s No. 4
economy in the third quarter on weaker retail sales, industrial
output and exports.

Oct 25, 2012

Strike ends at Glencore coal mine in Colombia

BOGOTA, Oct 25 (Reuters) – A three-month-long strike at
Colombia’s La Jagua coal mine, owned by Glencore’s
Prodeco unit, was lifted on Thursday after the government called
the two sides to an arbitration tribunal.

The strike to demand higher wages and better working
conditions started on July 19 and became one of the longest
labor walkouts in the sector’s recent history. Prodeco is the
Andean nation’s third-largest coal exporter.

    • About Jack

      "Jack covers commodities, economics and politics in Colombia. He joined Reuters in 2006 and has since worked throughout east Africa including Kenya, Eritrea, Sudan, Somalia and Uganda. He has also done stints in Iraq."
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