Colombia’s Housing Crisis Drives Insolvencies to 10-Year High

Colombia’s business landscape is facing a critical challenge as company bankruptcies are set to reach a decade-high this year. This trend is pressuring President Gustavo Petro to revive the stagnant economy. The surge in financially troubled businesses stems from a sharp downturn in the construction industry, partly due to Petro’s government reforming housing subsidies. By […]

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