Wall Street Talent War Hits Litigation: Gibson Dunn Lures Wachtell Co-President Bill Savitt
Companies

Wall Street Talent War Hits Litigation: Gibson Dunn Lures Wachtell Co-President Bill Savitt

Gibson Dunn poaches Wachtell co-president Bill Savitt and five partners, signaling the elite-lawyer talent war has reach...

NewsFormal AI Desk 👁 43 💬 0
Four Groups Control 75.6% of Chile’s Specialty Fashion Stores
Retail

Four Groups Control 75.6% of Chile’s Specialty Fashion Stores

Four groups — Forus, Yanekén, Axo and Khaliliyeh — run 75.6% of Chile's specialty fashion stores, nearly all inside mall...

NewsFormal AI Desk 👁 55 💬 0
Yaque del Norte: The River Sustaining 42.57% of Dominican Agriculture
Agriculture

Yaque del Norte: The River Sustaining 42.57% of Dominican Agriculture

Dominican officials say the Yaque del Norte basin supports nearly half the country's farmland; a $90M green-climate proj...

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Argentina Moves to Shield Central Bank Chief Bausili Beyond Milei's Term
Economy

Argentina Moves to Shield Central Bank Chief Bausili Beyond Milei's Term

Buenos Aires wants a charter reform that could keep Santiago Bausili at the BCRA until 2028 and force any future governm...

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Novo Nordisk Sheds $30 Billion as Heart Drug Trial Fails, Derailing Diversification Hopes
Companies

Novo Nordisk Sheds $30 Billion as Heart Drug Trial Fails, Derailing Diversification Hopes

A late-stage trial of Novo Nordisk's cardiovascular drug ziltivekimab failed to meet its primary goal, wiping out a pote...

NewsFormal AI Desk 👁 46 💬 0
Milei Proposes Permanent Fiscal Lock, Capital Market Liberalization and Insurance Overhaul
Economy

Milei Proposes Permanent Fiscal Lock, Capital Market Liberalization and Insurance Overhaul

Argentina’s president unveiled three interconnected bills: a constitutional fiscal balance mandate with automatic govern...

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Milei Proposes Central Bank Reform to Lock in Anti-Inflation Orthodoxy, Assure Markets
Economy

Milei Proposes Central Bank Reform to Lock in Anti-Inflation Orthodoxy, Assure Markets

Argentina’s President Javier Milei unveiled a bill to revamp the Central Bank’s organic charter, restricting monetary fi...

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Colombian Peso Surges 38% in Second-Biggest Revaluation This Century
Economy

Colombian Peso Surges 38% in Second-Biggest Revaluation This Century

Since late 2022, the Colombian peso has strengthened 38% against the dollar, driven by a weak greenback, high oil prices...

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Colombia's 2027 Budget Slashes Roads and Education, Faces COP 30 Trillion Financing Hole
Economy

Colombia's 2027 Budget Slashes Roads and Education, Faces COP 30 Trillion Financing Hole

The Petro government's COP 575.6 trillion spending plan for 2027 cuts infrastructure and education sharply yet still has...

NewsFormal AI Desk 👁 48 💬 0
Which Latin American Countries Let You Hold Dollars in a Bank Account
Personal Finance

Which Latin American Countries Let You Hold Dollars in a Bank Account

Only three nations are fully dollarized, but nearly 18 allow local dollar accounts—access varies sharply by country, fro...

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Colombian Exchange Houses Sell Dollar at 164 Pesos Premium Over Official Rate
Personal Finance

Colombian Exchange Houses Sell Dollar at 164 Pesos Premium Over Official Rate

With the Colombian peso at multi-year highs against the dollar, foreign-exchange bureaus charge an average COP 164 above...

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Peso Surge Below 3,100 Squeezes Colombia's Coffee, Flower and Banana Exports
Agriculture

Peso Surge Below 3,100 Squeezes Colombia's Coffee, Flower and Banana Exports

A 16.6% peso appreciation, combined with a 23% minimum wage hike, is crushing profitability for Colombia's coffee, flowe...

NewsFormal AI Desk 👁 44 💬 0
Ecopetrol's Profit Hit by Peso Appreciation: Every COP 100 Drop in TRM Cuts Net Income by COP 800 Billion
Companies

Ecopetrol's Profit Hit by Peso Appreciation: Every COP 100 Drop in TRM Cuts Net Income by COP 800 Billion

While Brent crude hovers near $90, a strengthening Colombian peso is set to erode billions from Ecopetrol’s bottom line....

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Border Ambitions: How Norte de Santander Plans to Become a Binational Business Hub
Politics

Border Ambitions: How Norte de Santander Plans to Become a Binational Business Hub

Colombia’s Norte de Santander department is betting on its strategic location and a potential thaw in Venezuela relation...

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What It Costs to Charge Colombia’s Top Selling Electric Cars
Personal Finance

What It Costs to Charge Colombia’s Top Selling Electric Cars

Home charging for popular EVs can be up to three times cheaper than public stations, with full-battery costs ranging fro...

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Colombian Power Generators: Strengthen Institutions and Pay Debts to Secure Energy Supply
Energy

Colombian Power Generators: Strengthen Institutions and Pay Debts to Secure Energy Supply

As a new government prepares to take office amid El Niño, Colombia’s power generation sector says institutional stabilit...

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How to Improve Your Credit Score in Colombia: Practical Steps That Work
Personal Finance

How to Improve Your Credit Score in Colombia: Practical Steps That Work

A good credit score opens doors to loans, cards, and better rates. Here's what really drives your score in Colombia and ...

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Colombia's Top Business Group Calls for Coalition to Steady Economy After Election
Politics

Colombia's Top Business Group Calls for Coalition to Steady Economy After Election

The Andi business association urged a civil society-state alliance to anchor public finances, smooth the energy transiti...

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Colombia Peso Breaches COP 3,100 for First Time Since 2019, but Central Bank Holds Off Intervention
Economy

Colombia Peso Breaches COP 3,100 for First Time Since 2019, but Central Bank Holds Off Intervention

The Colombian peso hit its strongest level in over seven years this week, sinking below COP 3,100 per dollar as the Banc...

NewsFormal AI Desk 👁 40 💬 0
Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso
Economy

Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso

As Gustavo Petro prepares to take office, stubborn inflation above 6%, a fiscal deficit nearing 7.4% of GDP, and a peso ...

NewsFormal AI Desk 👁 56 💬 0
Bank of America: Severe El Niño Could Spike Colombia's Inflation by 1.8 pp
Economy

Bank of America: Severe El Niño Could Spike Colombia's Inflation by 1.8 pp

A new Bank of America model shows a severe El Niño could add 1.8 percentage points to Colombian inflation, driven by foo...

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OECD Survey: Only 26% of Adults Have a Six-Month Emergency Fund
Personal Finance

OECD Survey: Only 26% of Adults Have a Six-Month Emergency Fund

The OECD finds 28% of adults cannot cover one month of expenses without income, while barely a quarter have a cushion fo...

NewsFormal AI Desk 👁 57 💬 0
Colombia's Tax Break Cost Hits 8.9% of GDP as New Finance Chief Plans to Kill Reform
Economy

Colombia's Tax Break Cost Hits 8.9% of GDP as New Finance Chief Plans to Kill Reform

Colombia's tax expenditures—exemptions, deductions and special rates—have ballooned to an OECD-warned 8.9% of GDP. The i...

NewsFormal AI Desk 👁 41 💬 0
Mobile Dominates as Colombian Digital News Audience Hits 33 Million in H1 2026
Lifestyle

Mobile Dominates as Colombian Digital News Audience Hits 33 Million in H1 2026

Colombia’s digital news audience climbed to 33.07 million unique users in June, with smartphones used by 29.5 million an...

NewsFormal AI Desk 👁 39 💬 0
Investment Returns to Colombia's Economic Agenda as New Government Sets First 100-Day Tone
Economy

Investment Returns to Colombia's Economic Agenda as New Government Sets First 100-Day Tone

The incoming administration signals a shift toward fiscal discipline and regulatory clarity to attract capital into ener...

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Big Mac Index Shows Colombian Peso as 4th Most Overvalued Currency
Economy

Big Mac Index Shows Colombian Peso as 4th Most Overvalued Currency

The Economist's latest ranking places the peso 28.7% above its fair value against the dollar, propelled by rapid appreci...

NewsFormal AI Desk 👁 55 💬 0
Bogotá's Culture Economy Nears 5% of GDP as Public-Private Deals Scale Events
Economy

Bogotá's Culture Economy Nears 5% of GDP as Public-Private Deals Scale Events

At a forum, Bogotá's culture secretary said the sector is now among the city's top three economic drivers, with biennial...

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The Overlooked Leadership Trait Colombian Business Needs Now
Lifestyle

The Overlooked Leadership Trait Colombian Business Needs Now

A prominent Colombian business daily argues that in times of uncertainty, businesses must focus on consistent, principle...

NewsFormal AI Desk 👁 38 💬 0
The VUCA Trap: Why Blaming the Environment Won't Save Your Business
Companies

The VUCA Trap: Why Blaming the Environment Won't Save Your Business

A concept born in the US military and adopted by business schools has turned into a blanket excuse for underperformance....

NewsFormal AI Desk 👁 41 💬 0
Colombia's Expat Business Voice Sets Tough Policy Test for New President
Politics

Colombia's Expat Business Voice Sets Tough Policy Test for New President

A commentary from Colombians abroad urges the incoming government to detail how it will tackle insecurity, infrastructur...

NewsFormal AI Desk 👁 54 💬 0

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