Colombian president calls for measures to avoid recession

BOGOTA, Oct. 9 (Xinhua) -- Colombian President Alvaro Uribe requested on Thursday the congress and central bank to take measures to boost the national economy and avoid a recession caused by the world financial crisis. "We are taking the risk of turning the world economic deceleration into a recession; and it would affect the employment," Uribe said. Uribe made the request after announcing the lifting of restrictions to foreign capitals interested in investing in Colombia, aiming at keeping people's confidence and attracting... [read full story]