Economy

Oil price plunges over 15% and falls below $100 a barrel after Middle East ceasefire

The price of crude oil registered a sharp drop during the first operations immediately after the President of the United States, Donald Trump, announced a ceasefire agreement with Iran. Brent crude, the local benchmark, fell more than 12% in the futures market and is selling at a value of USD 95.53, far from the peak of $118.35 [...].

Ceasefire between the United States and Iran: Vessels have already begun to cross the Strait of Hormuz

Just one day after Iran and the United States agreed to a two-week ceasefire, the Strait of Hormuz registered its first movements this Wednesday, April 8, following the crossing of two ships.

SIC sanctions Rappi with over $4 billion for violating consumer rights and repeated failures

Superindustria found violations in Rappi's service, charges, and advertising. Photo: Rappi

Consumption in Colombia is losing strength at a faster-than-expected pace and will impact GDP

Consumption has been the protagonist of economic growth in recent months. Photo: AI-generated image.

Superintendencia de Industria y Comercio Recognizes Notoriety of Brand Monastery

Portafolio Journalist 04/08/2026 03:39 Updated: 04/08/2026 03:39

In Austerity Times, Petro Government Projects a Budget of $601 Trillion for 2027

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President Petro Explained Government Measures After Banrep Interest Rate Increase

President Gustavo Petro presented a set of measures to face the effects of the increase in the interest rate of the Banco de la República. As he explained, "what should be done is to lower the interest rate", although he specified that the Executive Branch will adopt actions to mitigate its impact on the economy.

Oil prices fall after Trump announces ceasefire

International crude oil prices registered a fall in the last hour after US President Donald Trump announced a conditional two-week ceasefire in the conflict with Iran.

Iberia's first flight arrived in Venezuela after more than four months of suspension

Iberia's first flight landed this Tuesday, April 7, in Venezuela, after the airline had suspended its flights.

Avila's Empty Chair

Member of the ICP Board of Directors. [email protected] 04/07/2026 19:46 Updated: 04/07/2026 19:46

The Uncomfortable Rule of Law

By Alberto Velásquez Martínez - [email protected]

The Pocket Board

These times that Colombia is experiencing, of political upheaval and uncertainty from the Presidency of the Republic, will leave for history eloquent examples of what works and what does not in the design of the State.