
Cocaine trafficking in Colombia moves as much money as the construction industry
A new academic paper reveals that the drug trade generates annual revenues of $15.3 billion, equivalent to 4.2% of the country’s GDP

A new academic paper reveals that the drug trade generates annual revenues of $15.3 billion, equivalent to 4.2% of the country’s GDP

Money sent from abroad becomes a vital source of income for the South American country’s economy. By the end of the year, it will account for nearly 3% of GDP

The fictitious figure which has successfully promoted Colombian coffee for years has in the past been brought to life by an actor, but the role has been vacant for more than a year

The bullish cycle boosts Colombia’s investment and exports, but also highlights the risks of volatility

Researchers determine that peasant producers who grow coca leaves have contributed 0.4% growth to the country’s economy

The climate crisis’ impacts on major African producers has seen cocoa prices soar by over 150%

President Gustavo Petro announced a public-private partnership to recover precious artifacts from a Spanish galleon that sank in the Caribbean Sea in 1708

The public health measure imposes an initial tariff of 10% on ultra-processed foods and sugary drinks, which rises to 20% by 2025

The intensity of El Niño — the regional climatic phenomenon — has added to the rise of coffee prices in supermarkets

Falling prices and high inflation have resulted in forced displacement and food insecurity for thousands of peasants whose economic mainstay was growing the plant exclusively and selling coca paste

Revelations about Gustavo Petro’s former chief of staff Laura Sarabia highlight the pitfalls of unrestrained intelligence services, empowered to ignore the rights and freedoms of citizens

The country’s aviation authority continues to study Avianca’s merger request with the low-cost carrier and urges the company to respect passenger rights