Economy

government-aligned

Conseturismo requests visa process simplification to boost foreign tourist arrivals

The Venezuelan Tourism Council (Conseturismo) proposed revising and simplifying entry requirements to Venezuela to increase the flow of international visitors. During the institution's Ordinary General Assembly, the newly elected president for the 2026-2028 term, Vicky Herrera, stated that streamlining administrative processes is a decisive factor for the sector's competitiveness.

hace 5 meses

government-aligned

Drivers Will Have a Headache with Additional Payments Besides Vehicle Tax: Here's Why

With the start of the 2026 tax calendar, thousands of vehicle owners in the Colombian capital have begun to consult their tax obligations. However, a figure has generated surprise and confusion among taxpayers: the mandatory payment of an additional $117,000 to the net value of the motor vehicle tax.

hace 5 meses

government-aligned

Oil Closes Higher on Fears of Prolonged Middle East Conflict

Oil prices closed higher this Friday, as a lack of de-escalation progress in the Middle East fueled fears of prolonged disruptions in the crude oil market. AFP The price of North Sea Brent, for May delivery, rose 3.26% to $112.19 a barrel. Its U.S. equivalent, West Texas Intermediate (WTI), for April delivery, advanced 2.27% to $98.32 a barrel on its last day of trading. [..]

hace 5 meses

government-aligned

IMF Confirms It Continues to Work on Undertaking "Technical-Level Interactions" with Venezuelan Authorities

The International Monetary Fund (IMF) is "working to undertake technical-level interactions" with Venezuelan authorities and institutions for "the obtaining of basic economic data," which have not been available for many years, and to conduct an assessment of the economy, said Julie Kozack, spokesperson for the multilateral organization. During a briefing held on Thursday, the also Director of Communications highlighted that these activities would be in line with the IMF's strategy for fragile and conflict-affected states. However, she clarified that "these interactions will take place in due course."

hace 5 meses

government-aligned

Sudden movement in the dollar price at the close today, March 20, 2026: this is how it was quoted

In the morning of this March 20, 2026, the dollar in Colombia reported an opening price of 3,680.00 pesos.

hace 5 meses

opposition

Oil Surpasses US$110 After Attacks on Iran: How the Conflict Impacts Global and Colombian Prices

In March, Brent crude oil prices rose by 49.1%, driven by bombings by the United States and Israel. Natural gas prices also saw significant increases, with the European TTF benchmark rising 96%. These geopolitical tensions are affecting global energy forecasts and are anticipated to create fiscal and price pressures in Colombia.

hace 5 meses

opposition

US Jury Found Elon Musk Did Mislead Twitter Shareholders

A federal jury in the United States determined this Friday that Elon Musk misled Twitter shareholders by criticizing the social network when he was about to buy it in a $44 billion deal, according to the ruling consulted by AFP.

hace 5 meses

$Let's use the resources we have in the country, including fracking: Bayón$

opposition

Let's use the resources we have in the country, including fracking: Bayón

The former president of Ecopetrol and current CEO of GeoPark, Felipe Bayón, revealed the three pillars required for energy sovereignty in hydrocarbons in Colombia, which involve allocating new exploration contracts and maintaining recovery projects; accelerating the development of offshore projects and initiating the development of unconventional projects, including the controversial fracking.

hace 5 meses