February 18, 2021
The power of Colombia’s president depends on his ability to manage the sometimes opposing interests of those who really control the country, like business associations.
While formally a democracy, all presidents of the 21st century have had no choice but to balance serving the public interest with private and even criminal interests.
This unstable balance of power is partly due to the country’s political history and culture, and partly a consequence of the country’s armed conflict.
The origin
The root of the problem is Colombia’s historically weak state, which has never allowed it to stand alone without support.
Journalist resigns after pulling editorial punch at Colombia s richest man colombiareports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from colombiareports.com Daily Mail and Mail on Sunday newspapers.
Printing cash as a solution to the COVID19 crisis is possible, but risky Published: - Feb 08, 2021
Gustavo Petro, a Colombian leftist leader, proposed to issue tickets to counteract the inflation that the COVID-19 pandemic has left in Colombia .
The leftist leader proposed to increase the issuance of banknotes in Colombia. / Photos: IG-gustavopetrourrego, Pixabay
LatinAmerican Post | Christopher Ramírez Hernández
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the 2020 Gross Domestic Product would have ended with a decrease of between -7% and the -8.1%.
In this way, according to Oviedo, the strict quarantines, established in response to the crisis generated by the COVID-19 pandemic, would have negative effects for the Colombian economy, especially
February 1, 2021
The estimated net worth of Colombia’s richest men is much higher than what anyone allegedly reported to tax authority DIAN without this spurring an investigation.
Questioning the wealth of billionaires Luis Carlos Sarmiento, Jaime Gilinski and Carlos Ardila is apparently as taboo as investigating evidence of previous allegation of criminal an terrorist activity.
A 2019 book, Dynamics of Inequality in Colombia, inadvertently gave every reason to investigate the billionaires when it revealed that no Colombian had reported a fortune higher than $1.5 billion to the DIAN in 2017.
Billionaires’ estimated wealth and highest net worth reported to tax office
This came nowhere near the net worth of Colombia’s richest men estimated that year by Forbes, which estimated Sarmiento’s net worth at $12 billion that year.
The 5 Latin American countries with the most billionaires
The largest number of billionaires in the region reside in these Latin American countries.
These are some of the billionaires who live in the most populated cities in Latin America. / Photo: Flickr-Edans, Yahoo
LatinAmerican Post | Juan Manuel Bacallado
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According to the latest report by Forbes, a medium specialized in financial matters,
in 2020 a total of 2,095 billionaires were registered worldwide, where the pandemic did not go unnoticed since 226 people left the list and 51% of those present have less money than the previous year. As for the countries where these people reside, the United States is the place with the most billionaires as in the other years, with 614 rich people living in this country, China is the second with 456 (including Hong Kong and Macao), both have a notable difference with the third place, which is Germany with 107.