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Andean Group - February 2025
Introduction
A rapid offensive by the Ejército de Liberación Nacional (ELN) guerrilla group in north-eastern Colombia has all but dashed hopes for a negotiated peace settlement and has forced an uncharacteristically bellicose response from President Gustavo Petro.... Read More
Colombia
A rapid offensive by the Ejército de Liberación Nacional (ELN) guerrilla group in north-eastern Colombia has all but dashed hopes for a negotiated peace settlement and has forced an uncharacteristically bellicose response from President Gustavo Petro.... Read More
Amid all the news about Colombia’s worsening fiscal outlook and the endless troubles of President Gustavo Petro’s government, there was one bit of good news recently.... Read More
Venezuela
When Nicolás Maduro was inaugurated in January for his third term as president of Venezuela, the country with the world’s largest proven oil reserves was drifting back towards economic chaos.... Read More
Bolivia
The international credit ratings agency Fitch announced on 24 January that it has downgraded Bolivia’s long-term foreign currency issuer default rating to ‘CCC-’ from ‘CCC’.... Read More
Highlights
ECUADOR | Banana exports up. Ecuador’s banana exports increased by 1.57% in 2024 compared with 2023, to total 364.73m crates (1 crate = 18.14kg), according to a new report released on 27 January by the Asociación de Comercialización y Exportación de Banano (Acorbanec), Ecuador’s largest umbrella group of banana exporters.... Read More
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