Colombia to prevent tax evasion with national digital currency: Report

Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency plans. Luis Carlos Reyes, the head of the Colombian Tax and Customs National Authority, claimed that the government of newly inaugurated Colombian President Gustavo Petro will seek to create … Read more

Ex-rebel Gustavo Petro takes oath as Colombia President in historic shift

Colombia’s first leftist President was sworn into office Sunday, promising to fight inequality and heralding a turning point in the history of a country haunted by a long war between the government and guerrilla groups. Sen. Gustavo Petro, a former member of Colombia’s M-19 guerrilla group, won the presidential election in June by beating conservative … Read more

Leftist Petro takes office in Colombia amid economic, social challenges

Breadcrumb Trail Links PMN Business Author of the article: Reuters Luis Jaime Acosta Article content BOGOTA — Gustavo Petro will on Sunday become Colombia’s first leftist president, elected by voters who hope he can carry out ambitious social and economic reforms meant to reduce violence and deep inequality in the polarized Andean country. Petro, a … Read more