Economy

Easter Week Moves 40 Million Mexicans and Generates $1.39 Billion in Profits

Easter Week in Mexico mobilizes around 40 million Mexicans each year and generates economic benefits of more than 25 billion pesos (almost 1.39 billion dollars), reported Tourism Secretary Josefina Rodríguez Zamora this Friday. The official highlighted that this religious tourism, around the annual Christian commemoration of the passion, death, and resurrection of Jesus, has consolidated as a driver of economic and social development in the country's communities.

FAO Warns of "Cascading Effect" in Price Crisis Due to Ormuz Closure

The closure of the Strait of Hormuz could cause an economic crisis more serious than that caused by COVID-19 if the situation lasts more than two months, due to the "cascading effect" of rising food prices, warns the chief economist of the FAO, Peruvian Máximo Torero. AFP "If the Strait of Hormuz [...]

Ranking: these are the years in which laws have cost Colombia the most and how they have impacted spending

The bill that modifies the customs regime begins its process in Congress. Photo: Created with AI.

Medellín Gourmet returned with 150 restaurants to enjoy local gastronomy

Until May 3, the 28th version of Medellín Gourmet will take place, a gastronomic event that brings together 150 restaurants in Medellín, the Metropolitan Area, and the Oriente antioqueño...

Petro's government covers one hole with another: it will issue more debt to pay Ecopetrol for gasoline subsidy

Periodsita Portafolio 03.04.2026 11:59 Updated: 03.04.2026 16:28

China demands private refineries maintain production "at all costs", according to Bloomberg

Chinese authorities have asked the country's private refineries to maintain their production levels at the same levels as throughout 2025 "at all costs" due to the impact of the Middle East war on global oil trade, reported Bloomberg. According to that medium, citing anonymous sources, the National Development and Reform Commission (NDRC, China's main economic planning body) met with executives from these companies to convey that the priority was to ensure domestic fuel supply, even if it meant economic losses.

United States will impose tariffs of up to 100% on medicines to encourage domestic production

Donald Trump, President of the United States Photo: AFP

Note them down: these are the most expensive tolls in the country if you plan to travel this Easter

The 2026 Easter season has consolidated Colombia as a hub of mobility and religious tourism in the region. According to projections from the National Government and the National Infrastructure Agency (ANI), it is estimated that more than 12 million people will travel through the country's main terminals and road corridors during this 'Holy Week'.

Call to Colombians regarding taxes due in April: here they are

With the close of the first quarter of the year, the Directorate of National Taxes and Customs (DIAN) and local finance secretariats activate schedules that demand rigor to avoid sanctions and late payment interest.

Middle East War Erases 10 Million Barrels Daily from the Market and Increases Global Recession Risk

The war in the Middle East has severely impacted the oil market. Photo: Image generated with artificial intelligence.

Cuba Implements Joint Venture Law to Boost Exports Amidst Crisis

Cuba has enacted a law allowing the creation of mixed companies between the state and private sector, aiming to revive the economy and increase exports during a severe crisis.

Tax collection grew 6.7% in February; income tax withholding sustained public finances

Tax collection in February registered a growth of 6.7% compared to the same month last year, marking a positive start to the year in the country's fiscal revenues...