Economy

With high interest rates, the number of banks with losses grew 267% in two years

The future of the relationship between the National Government and the Bank of the Republic remains uncertain after the confrontation over interest rate decisions and the defense of the Issuer's autonomy.

How Much Do Parking Lots Cost in Venezuela and Other Countries in the Region?

Recently, social media users opened a debate about parking lot prices in Venezuela.

"I am very optimistic about the future of Colombia": Juan Esteban Calle, new president of Grupo Argos

Grupo Argos opens a new chapter in its history with the arrival of Juan Esteban Calle as president, with a strategy focused on international growth, financial strengthening, and business diversification after 92 years of trajectory.

Fedexpor warns that the tariff war threatens thousands of jobs

Fedexpor not only diagnoses the problem but also proposes a solution path. Photo: PORTAFOLIO

National Savings Fund will keep its housing interest rates frozen until June 2026

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The five tax errors that expose Colombian companies to litigation with the DIAN

If the DIAN detects that these liabilities have no real backing, the company faces a pecuniary sanction and, additionally, is exposed to criminal action. Photo: AI Generated

Has a new currency called the blue bolivar started circulating in Venezuela?

A false news story about the launch of a new currency called the blue bolivar has been circulating on social media, including Facebook.

28 years ago, 2.4 minimum wages covered a food basket in Venezuela; today, 2,400 are needed.

The economy of 2026 presents a stinging paradox: while shop windows display a varied offering, the basic food basket has become untouchable at over $550, an unattainable goal for most. By Alejandro Ramírez Morón / Banca y Negocios This gap is not just statistical; it represents a daily struggle where average income barely covers half of essential nutritional requirements. With public and health services experiencing real cost increases of 35%, family budgets have become an exercise in survival, suffocating both the middle class and the most vulnerable sectors.

How Iran's Requirements Condition Insurance for Ships Crossing Hormuz

Having insurance is no longer enough for oil tankers that want to cross the Strait of Hormuz, as authorization from the Islamic Revolutionary Guard Corps of Iran has become a prerequisite for insurers when deciding which ships to cover. EFE Information such as the flag, the interests of the shipping company or the cargo are data that are currently required to quote war risks," explains Aon, the insurance and professional services company broker. Nannette Wong, head of Aviation, Transport and Logistics at Aon Spain, explains to EFE that, even when a risk apparently does not involve interests of countries opposed to Iran, "it would not be exempt from being attacked by mistake."

Blackouts will leave almost 51% of Cuba without power this Saturday

The prolonged blackouts will simultaneously affect up to 51.5% of Cuba this Saturday during the peak energy consumption hours of the afternoon-evening, according to data from the state-owned Unión Eléctrica (UNE) compiled by EFE. Cuba has been experiencing a severe energy crisis since mid-2024, which has worsened since the oil blockade imposed by the U.S. government starting in January.

What is happening with Ecopetrol's Board of Directors? Its members could be in the spotlight

Ecopetrol's board and the company's outgoing president Ricardo Roa. Photo: Private Archive

AI Boom in the United States is Moving Millions of Dollars and Transforming the Global Economy

This industry is generating new connections that drive the business sector. Photo: Image generated with artificial intelligence.