|
|
|
|||||
Archive:
| |||||
The U.S. and other nations need to affirm our commitment to maintain open policies toward international trade and investment and to avoid protectionist measures that could threaten recovery, Geithner said today at the Inter-American Development Bank meeting in Medellin, Colombia ... The proposed increase, about 4 percent of which would be paid in cash over several years, could sustain annual lending of $15 billion, Kuczynski said at the banks annual meeting in Medellin ... To contact... (Bloomberg -- Latin America)
U.S. to study large increase in LatAm bank capital Mar 30, 2009
Posted: Monday, March 30, 2009 MEDELLIN, Colombia (AP) -- U.S. Treasury Secretary Timothy Geithner said Sunday that Washington would study a proposal to nearly triple the Inter-American Development Bank's capital to 280 billion to help the region weather the global economic crisis. The United States is the bank's biggest shareholder with 30 percent, and critics in the U.S. Congress of the bank's management have called for a serious review before committing to a major new infusion of capital. (Sioux City Journal)
China insists on financial system overhaul Mar 29, 2009
MEDELLIN, Colombia (AFP) Chinese Central Bank Governor Zhou Xiaochuan again urged for international financial reform in the face of the global economic crisis. Speaking at an Inter-American Development Bank meeting in the northwestern Colombian city of Medellin, Zhou said that current fiscal and monetary measures were useless if the international financial system is not overhauled. (Yahoo News -- Top Stories)
China: Trade with LatAm up 40 percent last year Mar 29, 2009
MEDELLIN, Colombia (AP): Trade between China and Latin America reached a record of more than $140 billion last year, the governor of China's central bank said Saturday, and pledged to help ease the economic crisis's impact on the region. Zhou Xiaochuan also said at the annual meeting of the InterAmerican Development Bank that he did not know whether the crisis has hit bottom China - because that depends on the global situation. (The Star Online, Malaysia -- Business)
Medellin has undergone makeover in past decade Mar 29, 2009
Medellin has undergone renaissance ... MEDELLIN, Colombia - Once the shadowy and violent domain of drug kingpin Pablo Escobar, Medellin has undergone a renaissance over the last decade due to enlightened civic policy and public works, offering government officials proof that urban decline can be reversed ... Once one of the world's deadliest cities, Medellin's homicide rate has dropped by more than 90 percent since the mid-1990s. (Boston Globe)
Ministros arriban a Medellín para asamblea del BID Mar 29, 2009
MEDELLIN, Colombia (AP) Ministros de Econom;a y Finanzas y altos funcionarios de los 48 pa;ses miembros del Banco Interamericano de Desarrollo (BID), comenzaron a llegar a esta ciudad para la asamblea anual del banco, que se inicia el domingo, donde se discutir;n temas que van desde la crisis global econ;mica hasta un posible aumento de capital del ente multilateral. La asamblea ser; oficialmente inaugurada el domingo por la tarde en un acto encabezado por el presidente Alvaro Uribe, seg;n el... (OregonLive, OR -- Business)
Andean Development Fund Seeks $2 Billion in New Capital to Bolster Lending Mar 28, 2009
The decision to seek a capital increase was approved by the banks board last week, Garcia said in an interview at the Inter-American Development Banks annual meeting in Medellin, Colombia. The money is needed so we can meet our goal of increasing our net worth to $10 billion in the next five years, Garcia said. (Bloomberg -- Latin America)
Intel Still Open to Acquisitions Amid Slowdown: Barrett Mar 28, 2009
MEDELLIN, Colombia (Reuters) - Intel is open to making acquisitions with weakening markets making prices more palatable, and sees technology's key growth areas in healthcare and visual media, outgoing chairman Craig Barrett said on Friday. Barrett, who steps down in May after 35 years at the company, thinks healthcare should follow the lead of financial services companies, offering access to medical records any time or place around the globe. (ABC News -- Wire)
Latinoamericanos buscan aumento de capital del BID Mar 28, 2009
MEDELLIN, Colombia (AP) El Banco Interamericano de Desarrollo (BID) quiere aumentar su capital porque con ello podr; elevar su capacidad de pr;stamos a Latinoam;rica, dijeron directivos del banco, en medio de criticas de congresistas de Estados Unidos, principal socio del ente multilateral, a esa eventual decisi;n. Funcionarios del banco destacaron en entrevistas con The Associated Press la importancia de elevar el capital del BID, actualmente de unos 100. (OregonLive, OR -- Business)
US aircraft parts fall on Brazil Mar 27, 2009
It was able to continue its journey but was later diverted to Medellin in Colombia because of bad weather, the Associated Press quoted the Colombian air force as saying. Bookmark with. (BBC News)
Watch repairman gives watches new life Mar 26, 2009
At age 8 he moved to Medellin, Colombia, and started working as a delivery boy for a restaurant. He delivered food to Ivan Mejia, a watch repairman who invited him to work at his watch repair shop. (Daytona Beach News Journal)
Latin America Soccer Scores Mar 24, 2009
Nacional 0, Medellin 0 ... Standings: Cali 17; Tolima, Chico 16; A.Junior, R.Cartagena, Santa Fe 15; Cucuta 14; Once Caldas, Quindio, La Equidad 13; Envigado 12; Pereira 11; Medellin 10; America, Pasto 9; Millonarios, Huila 7; Nacional 6 ... Next round: Pereira-Huila, La Equidad-Medellin, America-Envigado, Atletico Junior-Santa Fe, Quindio-Chico, Tolima-Real Cartagena, Millonarios-Cali, Cucuta-Pasto, Nacional-Once Caldas. (International Herald Tribune -- Health)
Bancolombia S.A. Announces Unconsolidated Results for the Month of February 2009 Mar 13, 2009
MEDELLIN, Colombia, March 12 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") (NYSE: ) reported unconsolidated net income of Ps. 177. (PR Newswire)
Colombia releases ex-Farc rebels Mar 7, 2009
Not that long ago she was the scourge of north-western Colombia, says the BBC's Jeremy McDermott, in Medellin. Known as a female Rambo in the Farc, her desertion in May last year was a coup for the government, he adds. (BBC News -- Americas)
Denying Trade Pact To Colombia A Slap In Face, Vice President Says Mar 6, 2009
In 1990, Santos was editor of El Tiempo, Colombia's largest newspaper, when he was kidnapped by Pablo Escobar and his Medellin cartel thugs. During eight months as a hostage, he was used to extract concessions from the government. (Investors Business Daily)
Bancolombia S.A. Announces Successful Offering of Subordinated Ordinary Notes Mar 5, 2009
MEDELLIN, Colombia, March 4 /PRNewswire-FirstCall/ -- Bancolombia S.A. (NYSE: ) ("Bancolombia") successfully completed the first issuance and offering of Bonos Ordinarios Subordinados Bancolombia (the "Subordinated Ordinary Notes") for an aggregate principal amount of four hundred billion pesos (Ps. 400,000,000,000) (approximately US$ 155 million). (PR Newswire)
Bancolombia S.A. Announces the Public Offer of Subordinated Ordinary Notes Mar 4, 2009
MEDELLIN, Colombia, March 3 /PRNewswire-FirstCall/ -- Today, Bancolombia S.A. (NYSE: ) ("Bancolombia") announced the local public offering of tranche 1 of Bonos Ordinarios Subordinados (the "Subordinated Ordinary Notes"). This offering of Subordinated Ordinary Notes (the "First Subordinated Ordinary Notes Offering") is the first offering of multiple and successive issuances of Subordinated Ordinary Notes up to an aggregate principal amount of one trillion Colombian pesos (Ps $1,000,000,000,000). (PR Newswire)
Guerrilla danger Mar 3, 2009
By Jeremy McDermott BBC News, Medellin. The rebels have carried out several recent bomb attacks. (BBC News -- Americas)
Cartagena: The real risk is not wanting to leave Mar 1, 2009
The fashion capital of Medellin, the cultural center of Bogota, and the mountain gateway of Cali all exemplify the pride of new Colombia. None more so than Cartagena, continuing in its ideal of a peaceful paradise hidden from the outside world. (San Francisco Chronicle -- Travel)
Colombia captures Farc kidnapper Feb 28, 2009 Colombian wiretap scandal grows Feb 24, 2009 Development Bank Reports Record Losses on 50th Anniversary Feb 24, 2009 Colombian prosecutor orders search of spy agency Feb 23, 2009 Colombia police in wiretap probe Feb 22, 2009 Sao Paolo draws Ind. Medellin 1-1 in Copa Feb 19, 2009 Libertadores: Sao Paulo battles to tie Medellin Feb 19, 2009 'More tribe killings' in Colombia Feb 13, 2009 Boca Juniors tops the field in Copa Libertadores Feb 10, 2009 Dollar-friendly destinations Feb 7, 2009
By Jeremny McDermott BBC News, Medellin. Colombian security forces have clashed with a Marxist rebel group and captured one of its most notorious kidnappers. (BBC News -- Americas)
Libertadores: Defensor happy to tie Medellin 0-0 Feb 25, 2009
Defensor ties Medellin 0-0, builds lead in Libertadores group - Soccer - SI.com ... Defensor ties Medellin 0-0, solidifies Libertadores Group 4 lead ... MEDELLIN, Colombia (AP) -- Defensor Sporting of Uruguay claimed a valuable scoreless draw against Independiente Medellin on Tuesday to lead Group 4 of the Copa Libertadores. (SportsIllustrated.CNN -- Soccer)
By Jeremy McDermott BBC News, Medellin. Agency director Felipe Munoz Gomez announced his deputy's resignation. (BBC News -- Americas)
As the bank prepares to lavish tens of millions on President Moreno's native Colombia to stage a celebration of its 50th Anniversary in Medellin on March 28th, many are questioning what there is to celebrate as the region descends to new depths of poverty and inequality ... Regional grassroots movements and social organizations who question the bank's policies have announced they will be present in Medellin to organize a series of alternative events in a campaign entitled "IDB 50: FIFTY YEARS... (PR Newswire)
And last year, a judge sentenced four cashiered members of an anti-kidnapping unit to 11 years in prison each for the unauthorized wiretapping from 1997-2001 of at least 1,600 phone lines in Medellin. Among their targets were human rights activists, several of whom disappeared and were never found. (Sioux City Journal, IO)
By Jeremy McDermott BBC News, Medellin. Colombia's secret police has lurched from scandal to scandal under Mr Uribe. (BBC News -- Americas)
Medellin 1-1 in Copa - International Herald Tribune ... Medellin 1-1 in Copa ... A last-gasp equalizer allowed Brazilian champions Sao Paulo to escape with a 1-1 home draw against Colombia's Independiente Medellin in Wednesday's fixtures in the Copa Libertadores group stage. (International Herald Tribune -- Sports)
Sao Paulo earns 1-1 draw vs. Medellin - Soccer - SI.com ... Sao Paulo earns 1-1 draw vs. Medellin ... SAO PAULO, Brazil (AP) -- Striker Borges scored in stoppage time to earn Brazilian champion Sao Paulo a last minute 1-1 draw with Colombian club Independiente Medellin in Group 4 of the Copa Libertadores on Wednesday. (SportsIllustrated.CNN -- Soccer)
The BBC's Jeremy McDermott, in Medellin, says the security forces have still not made it to the site of the first killings, in the area of Barbacoas, in the southern province of Narino. Drug crops. (BBC News -- Americas)
Brazilian league champion Sao Paulo also has this week off, before playing Group 4 opponent Independiente Medellin of Colombia on Feb. 18. In Tuesday's other matches, America de Cali visits Defensor Sporting in the first ever meeting between the clubs and Guarani plays Deportivo Tachira. (SportsIllustrated.CNN -- Soccer)
Only a five-hour flight from New York City, up-and-coming Colombia reinvented itself as a varied Caribbean-meets-South-America destination with world-class dining in Bogota, splashy beaches in Cartagena and emerging cities like Medellin which (like much of the country) has seen a drastic drop in crime rates. . (MSNBC -- Travel)
Back to World Cities News
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.
Copyright SurfWax, Inc. 2009 |