All the latest breaking news on Colombia. December 5, 2019 at 5:00 AM EST. The peso fell 1.3% against the dollar, afterGoogle and Facebook took particularly sharp jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America's most prominent tech CEOs in the hot seat. GDP will be hit by multiple simultaneous economic shocks, such as the adverse effects of social distancing measures on domestic activity, the collapse in international oil prices and contracting overall global demand. We expect the government to pursue bold expansionary fiscal and monetary measures, but the economy will nonetheless enter a recession in 2020. Browse The Independent’s complete collection of articles and commentary on Colombia. Colombia has a track record of prudent macroeconomic and fiscal management, and despite economic downturns has maintained its investment grade rating since 2013. After slowing down to 1.4 percent in 2017, economic growth accelerated to 3.3 percent in 2019, driven by robust private consumption and stronger investment. We have received your message and will respond promptly.Containing the spread of the novel coronavirus will be the most immediate priority for the president, Iván Duque.

Thank you. The peso felColombia's national lockdown to curb infections of the new coronavirus will be extended by one month until the end of August, President Ivan Duque said on Tuesday.Colombia's national lockdown tocurb infections of the new coronavirus will be extended by onemonth until the end of August, President Ivan Duque said onTuesday.Colombia's economy will have suffered the worst contraction in its history in the second quarter because of fall-out from a coronavirus quarantine, analysts said in Reuters poll on Thursday.Colombia's Bogota Metro Company(EMB) on Tuesday issued 2.4 trillion pesos ($652 million) ofbonds to local capital markets to finance construction of thefirst line of the city's new transport system, it said. President Donald Trump on Thursday raised the possibility of delaying the nation's Nov. 3 presidential election, though the Constitution bestows that power on Congress, not the president.Colombian riders Sebastian Molano, Cristian Munoz and Camilo Ardila were withdrawn from the Vuelta a Burgos after coming into contact with an individual who tested positive for COVID-19, the UAE Team Emirates team said on Wednesday.Colombia was the deadliestcountry for land rights activists in 2019, as killings ofenvironmental defenders soared in the Andean country, accordingto a report published by advocacy group Global Witness onWednesday.Colombia was the deadliest country for land rights activists in 2019, as killings of environmental defenders soared in the Andean country, according to a report published by advocacy group Global Witness on Wednesday.Mexico's peso was set for its worst dayin two weeks on Thursday after data showed Latin America'ssecond biggest economy contracted by double digits in the secondquarter, while other currencies in the region slipped on surgingcoronavirus cases. September 12, 2019 at 5:19 PM EDT BOGOTA, Colombia — Thinking up ways our all-encompassing crisis could get even worse has become a grimly popular parlor game for Venezuelans.

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