Proyecto Colombia

Not only did Shakira win a Latin Bilboard award, she won 7!

Another Colombian to be proud about is Francisco Patino who is participating on the American Inventor show.

Colombia has really started to develop its economy, here is a great article by Joseph Finnin who is the executive director of the Colombian American Chamber of Commerce. He wrote this column for Latin Business Chronicle. (Full Article)

# Colombia is a country with: A continued improvement in security.
# A continued prudent management of the country’s economy.
# A continued decrease in unemployment.
# Respect for IPR and other issues of great importance to
investors.
# A continued increase in international reserves, now close to
$15 billion.
# The largest GDP growth in the last ten years – 5.13 percent for
2005.
# An increase of 29 percent in FDI in 2005.
# A continued stable democratic government.
# A fiscal deficit (private & public) of 0% in 2005.
# A stable local currency.

When people buy drugs, they never imagine how that purchase might affect the country where that came from. Here is a great article that comes from the UK’s The Independent.

Colombia’s rich ecology is under siege from narco-traffickers. The estimated 150,000 hectares of illicit crops are cutting into forest reserves to escape the US-led ‘war on drugs’ which has seen massive crop fumigation campaigns. Coca growers burn primary forest to cultivate, while their labs dump toxins into the river system. Authorities, accused of breaking international agreements by spraying inside national parks, have responded with manual eradication efforts that are both arduous and deadly.

Telefonica a Spanish multi-national company operating throughout the Spanish and Portuguese-speaking world took control over Telecom Colombia.