Gasoline prices were poised Monday to set a new record at the pump, having surged to within half a cent of their record high of $3.227 a gallon. Oil prices, meanwhile, settled at $107.90, a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories.
Talk of war in the Andes has faded almost as quickly as it flared -- showing that for all their bluster, none of the three leaders involved could afford a protracted confrontation.
Oil prices were lower Monday as traders booked profits after last week's record highs and amid easing tension between oil producers Venezuela and Colombia over the weekend.
The Venezuelan government on Sunday announced it is re-establishing normal diplomatic ties with Colombia after the two South American countries resolved their differences over Colombia's recent cross-border attack on rebels in Ecuador.
The presidents of Colombia, Venezuela and Ecuador have signed a declaration to end a crisis sparked when Colombian troops killed a rebel leader and 21 others inside Ecuadoran territory.
As South American officials tried to ease tensions sparked by Colombia's killing of a rebel leader inside Ecuador, the Colombian army announced the death of another top militant Friday.
A showdown loomed Friday for the presidents of Colombia, Ecuador and Venezuela in this seaside capital, as a summit of Latin American leaders aimed to calm a crisis triggered by a deadly Colombian cross-border raid.
The Organization of American States passed a resolution Wednesday in hopes of easing tensions stemming from an attack into Ecuadoran territory by Colombia.
Gasoline prices were poised Monday to set a new record at the pump, having surged to within half a cent of their record high of $3.227 a gallon. Oil prices, meanwhile, settled at $107.90, a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories.
Talk of war in the Andes has faded almost as quickly as it flared -- showing that for all their bluster, none of the three leaders involved could afford a protracted confrontation.
Oil prices were lower Monday as traders booked profits after last week's record highs and amid easing tension between oil producers Venezuela and Colombia over the weekend.
The Venezuelan government on Sunday announced it is re-establishing normal diplomatic ties with Colombia after the two South American countries resolved their differences over Colombia's recent cross-border attack on rebels in Ecuador.
The presidents of Colombia, Venezuela and Ecuador have signed a declaration to end a crisis sparked when Colombian troops killed a rebel leader and 21 others inside Ecuadoran territory.
As South American officials tried to ease tensions sparked by Colombia's killing of a rebel leader inside Ecuador, the Colombian army announced the death of another top militant Friday.
A showdown loomed Friday for the presidents of Colombia, Ecuador and Venezuela in this seaside capital, as a summit of Latin American leaders aimed to calm a crisis triggered by a deadly Colombian cross-border raid.
The Organization of American States passed a resolution Wednesday in hopes of easing tensions stemming from an attack into Ecuadoran territory by Colombia.
Venezuelan President Hugo Chavez on Wednesday called a Colombian raid that killed two dozen rebels in Ecuador a "war crime," and joined Ecuador's president in demanding international condemnation of the cross-border attack.
Colombian President Alvaro Uribe said Tuesday that he will seek Venezuelan President Hugo Chavez's denunciation in court for financing a terrorist group.
BOGOTA, Colombia -- I've never set foot in the U.S., so I'm not sure if this statement will hold true there. But I stand by it as applied either to my native England or South America, my base for the last 14 years:
Ecuador on Monday broke off diplomatic ties with Colombia and Venezuela says it will expel Colombia's ambassador after that country conducted a strike against leftist rebels inside Ecuador
Ecuador's President Rafael Correa withdrew his government's ambassador in Bogota, Colombia, and ordered troops to the country's border following a Colombian raid against leftist rebels inside Ecuador.
A cashiered army lieutenant colonel and 14 soldiers were convicted Monday of murdering 10 elite counternarcotics police agents in an ambush that showed how deeply drug corruption threatens Colombia's security forces.
Raul Reyes' recent death in battle was part of a larger plan (partially funded by the United States) to chip away at the power of Colombia's rebel insurgency. Is it working?
France has renewed its plea to Colombian rebels to free more hostages, particularly politician Ingrid Betancourt, after the release this week of four captives.
Four former Colombian lawmakers arrived in Venezuela on Wednesday after being released by the guerilla group that had held them captive in the jungle for nearly six years.
Leftist rebels in Colombia plan to release four hostages this week whom they have held for several years, senior officials in Venezuela and Colombia said.
The same leftist rebel group that released two long-held hostages three days ago has kidnapped six tourists at a remote beach on Colombia's Pacific coast, a spokeswoman for the Colombian navy said Monday.
The story of a boy born into captivity in the South American jungle has riveted people for more than a year in Colombia, striking a nerve in a country numbed by 40 years of political violence.
Preliminary DNA tests indicate a 3-year-old foster child is the son of a woman being held captive by leftist rebels, Colombian officials announced Friday.
Venezuela's President tried to shore up his standing by aiding the release of hostages in Colombia. But his words don't carry as much weight with radicals next door
A mission to free three hostages held by leftist rebels in Colombia stalled Monday, with the rebels and Colombian authorities trading blame for the delay.
A tense waiting game is under way in Colombia, where the rescue of three hostages -- to be freed by Colombian leftist rebels -- failed to take place Saturday.
The Colombian government has seized five videotapes from suspected members of a rebel group that show a number of hostages, including Colombian Sen. Ingrid Betancourt and three American contractors, a government statement said Thursday.
For months there was speculation that Juan Pablo Ángel's form for the New York Red Bulls had been good enough to win him an international recall. His 19 goals in 24 games this past season certainly made a good case.
We're rumbling across eastern Colombia in a convoy of military jeeps and pickup trucks. Salsa music blasts out of speakers somewhere, and an unrelenting 100-degree sun is bleaching the bone-dry savanna. Although there's not a plane in the sky or a living thing on the ground for miles around, our convoy is armed to the teeth.
Banana producer Chiquita will pay a $25 million fine and serve five years' probation for once paying millions of dollars to groups in Colombia considered by the U.S. to be terrorist organizations, a Department of Justice spokesman said Tuesday.
A magnitude 6.8 earthquake struck just off Colombia's Pacific coast late Sunday, the U.S. Geological Survey reported, but there were no immediate reports of injuries.
Venezuelan President Hugo Chavez entered Colombia's bitter hostage standoff Friday, seeking to broker a deal between the government and leftist guerrillas to free hostages, including politician Ingrid Betancourt and three U.S. defense contractors.
Colombian authorities said they will ask Russia to extradite a former Israeli army officer who was convicted in absentia of training the South American country's right-wing death squads.
The United States has asked Colombia to extradite a former paramilitary boss after he violated a peace deal by organizing cocaine shipments from his jail cell, the government said Monday.
Colombia's government offered to extradite a jailed paramilitary chief to the United States on Friday after kicking him out of a peace accord for organizing drug trafficking from his prison cell.
Colombia has broken ranks with the rest of South America by announcing that they have sent FIFA official notice of their intention to bid to host the 2014 World Cup.
Having a conscience is slowly permeating all aspects of consumer culture. Did that coffee farmer get a good price for his beans? Did adults, in good working conditions, make your jeans?
The video image is grainy. The VHS tape damaged from weeks of being stored in a jungle camp. But you can make them out clearly -- hundreds of children, boys and girls, crawling through thick mud, saluting and marching on the spot.
Colombian President Alvaro Uribe won a solid re-election victory Sunday, claiming more than 60 percent of the vote in a field of seven, election officials reported.
A State Department report issued Wednesday voices concerns about heightened political influence by coca-growing associations in Bolivia and Peru, resulting in an increase in coca cultivation in those countries.
The European Commission has called an emergency meeting of its food and animal health committee for Friday after it confirmed that the lethal H5N1 strain of bird flu has been found in Turkish poultry and suspected of being present in Romania.
One of Colombia's most notorious suspected drug traffickers who allegedly masterminded the smuggling of tons of cocaine into the United States may never see the inside of a U.S. prison, much less a courtroom.
A two-year undercover investigation targeting money laundering operations in the United States and Colombia has resulted in 81 indictments and 36 arrests of people allegedly connected to a major drug cartel, the Drug Enforcement Administration announced Tuesday.
Thousands of hungry moths may hold the key to eradicating cocaine production, Colombian scientists have said, but critics say the idea could open the way for "ecological mischief."
Colombian soldiers seized control of a town Wednesday from Marxist guerrillas who had been camped in and around the Indian village for the past two weeks.
Argentina coach Jose Pekerman praised his team's patience after they beat ultra-defensive Colombia 1-0 in their South American World Cup qualifier in Buenos Aires.
U.S. President George W. Bush was targeted for assassination by Marxist rebels this week when he visited the city of Cartagena, a Colombian official said Saturday.
President Bush heaped praise Monday on Colombia's government for battling drug gangs and corruption and said he will ask Congress to renew a U.S. aid package next year.
South America's World Cup qualifying race remained wide open after Wednesday's three matches were drawn, leaving all ten teams still in with a chance of reaching Germany in two year's time.
At least 34 farm workers were killed and five others wounded in a massacre in northwest Colombia near the Venezuelan border in which leftist rebels are suspected, a spokesman at the chief prosecutor's office has said.
Three suspected members of the Irish Republican Army who were accused of training Colombian rebels in terrorist tactics have been set free from a Bogota prison, a spokesman at the Chief Prosecutor's Office said.
A judge in Colombia has denied a request by three suspected members of the Irish Republican Army to leave the country pending prosecutors' appeal of their acquittal on charges of training rebels to use explosives.
The leaders of an outlawed, far-right paramilitary group have agreed to lay down their arms and move to a small town in northern Colombia, where they will be watched by international observers, a government spokesman said Thursday.
American tanks move down a narrow street as explosions rattle the ramshackle town. Behind them, infantrymen outfitted in the latest high-tech gear creep forward, looking out for snipers, as well as...
Companies operating in dangerous regions need to cope with the security void left by the withdrawal of the Soviet and American empires. To stopper up the safety gap in far-flung locales from Kazakh...
The Readiness index is based on price and currency stability, budget discipline, external debt, political stability, market-oriented policies, and reliance on trade taxes. A 5 means "ready," a 0 "n...
Innocent bystanders shot down on city streets. Overdosed teenagers dying in emergency rooms. Newborn babies writhing in pain from cocaine withdrawal. The ugliest images of our country's drug epidem...
When Spanish conquistadors discovered platinum in the rivers of Colombia in the 16th century, they threw it back because they thought it was unripe gold. Today, pitchmen are touting platinum in coi...
THE ILLICIT DRUG TRADE is probably the fastest-growing industry in the world and is unquestionably the most profitable. A handful of Latin American countries grow coca leaves that yield cocaine, wh...
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