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U.S. Offers $1 B to Colombia, Markets Bounce After Quake

8/11/2026

Summary

Story summary

U.S. State Department said the Trump administration will provide $1 billion in security assistance to President Abelardo De La Espriella’s Colombian government.
Colombian equities rebounded after a magnitude earthquake on Monday that killed more than 100 people.
European Union imposed tariffs on terephthalic acid from South Korea and Mexico, affecting Belgium, Poland and Spain.
Brazil’s Bovespa slipped 0.1%.
Argentina’s MerVal index rose 1.1% at 18:59 GMT, the biggest gain in Latin American benchmarks.

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Story summary

U.S. State Department said the Trump administration will provide $1 billion in security assistance to President Abelardo De La Espriella’s Colombian government.
Colombian equities rebounded after a magnitude earthquake on Monday that killed more than 100 people.
European Union imposed tariffs on terephthalic acid from South Korea and Mexico, affecting Belgium, Poland and Spain.
Brazil’s Bovespa slipped 0.1%.
Argentina’s MerVal index rose 1.1% at 18:59 GMT, the biggest gain in Latin American benchmarks.