futuroexpat
American looking for information about Colombia
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122
About me
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Registration: 23 June 2022
My expat journey
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Activity
A right wing candidate was elected president: Now what? by mtbe
To start a new thread on Mr Opara's question from another thread: Now what?Personally...too early to tell. Many were worried about Petro (including myself), but much of it was overblown. Many of the concerns of el Tigre, I think, are overblown as ...
ICE does remove Colombians illegally from the United States even when they have no criminal records. There have also been documented instances of wrongful deportations and targeted expulsions of people with protected statuses. Masked ICE agents in ... Read More
A right wing candidate was elected president: Now what? by mtbe
To start a new thread on Mr Opara's question from another thread: Now what?Personally...too early to tell. Many were worried about Petro (including myself), but much of it was overblown. Many of the concerns of el Tigre, I think, are overblown as ...
We don't have to speculate. Just hours after the election Abelardo de la Espriella and U.S. Senator Bernie Moreno (R-OH) reached an agreement on deportations, mandating that any Colombian citizen requesting asylum in the U.S. should return to ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@mtbe ... Inflation down, unemployment down, minimum wage up to strengthen the economy (people have more money to spend to support businesses), record-breaking figures in international tourism and increased agricultural/industrial exports, increased ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
If you moved your money out of Colombia and put your money into USD instead of COP, you are losing money. Just since mid-January, the US dollar has fallen 9% against a basket of currencies, a steep decline, to its lowest level in three years 鈥� ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
Even more amazing what Petro has accomplished when congress will not even pass a budget to fund national goals for all of Colombia. But that will boomerang back on the party that would not pass a national budget. Your argument on Argentina is based ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@mtbe ... You should not mention Milei and Petro in the same post. Milei is destroying Argentina's economy. BUENOS AIRES, Dec 12 (Reuters) - Argentina's economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@jstrain ... I agree. The Economist has a track record of independent journalism having started publication in 1843! Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
Petro is leading Colombia in the right direction. Colombia ranks as the sixth-best economy among member countries of the Organization for Economic Co-operation and Development (OECD) in 2024, according to a ranking by the British magazine The ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@ChineduOpara ... the IPC (index of consumer prices) in August 2024 registered 0% change from July 2024, zero inflation. That does not mean there is zero annual inflation in Colombia, just that things didn't change last month. You can confirm this ... Read More
A Check on Petro's Economy Two Years In
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
I just checked and the exchange rate is COP$4091, down 60 pesos from the COP$4151 of June 21, which indicates a strengthening of the COP.So, if you want to blame "Petro's policies" which are really reforms and laws approved by Congress, then how do ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
Of 140 currencies in the world in 2023 the COP has been strongest against the USD. The appreciation of the Colombian peso against the USD contributed to generating less pressure on imported products that are part of the family basket ("canasta ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@Lpdiver ... I used the date the thread began and today's date. Neither one is "cherry-picked" ... The first date was chosen by ccmedia,聽 not by me. Today's date is today's date, the date that has to be chosen to determine devaluation of the US ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@OsageArcher ... Would you mind sharing the currency depreciation formula you used to arrive at 23.4% instead of 30.6% ? If I am in error I don't want to repeat the same mistake.P.S. Regarding your reference to "long-term" ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@cccmedia ... Thank you for keeping us on track. I聽 presented some hard data on Banco de la Rep煤blica lowering interest rates. A strong COP is the sign of a well-managed economy. When the COP is strong, it reflects good management and ... Read More