LatinNews Regional Monitor: Andean Group - 14 February 2018

Development: On 13 February, the ‘Lima Group’ of countries that are monitoring the political crisis in Venezuela called on the government led by President Nicolás Maduro to come up with a new electoral calendar and backed Peru’s decision to declare Maduro ‘not welcome’ to the VIII Summit of the Americas meeting due to be hosted by Peru from 13-14 April. ... Read More

Colombia: The Unión Sindical Obrera (USO) umbrella workers’ union has called on the Colombian government and the state-owned oil firm, Ecopetrol, to offer solutions to the current workers’ strikes affecting oil production in the country’s central Meta department, Colombia’s main oil producing area.... Read More

Formally at least, China’s ambitious One Belt, One Road (OBOR) initiative is all about building up trade, transport and investment links across Eurasia – and it doesn’t reach as far as Latin America.... Read More

After a difficult 2017, with the economy estimated to have grown by around 1.5%, the outlook for the Colombian economy in this election year is modestly positive.... Read More

The government tapped capital markets on 9 January, raising US$3bn, in the fourth bond issuance in under a year.... Read More

After holding the official exchange rate known as ‘Dipro’ steady at BsF10:$ for nearly two years, President Nicolás Maduro announced the elimination of this official rate on 31 January.... Read More

Protests and clashes spread out across parts of central Peru in early February, as farmers reacted to a fall in potato prices.... Read More