Economy

Former Ministers of Ecuador and Colombia Ask to Dismantle 50% Tariffs and Reactivate Bilateral Dialogue

Bilateral trade borders on US$3 billion annually between both countries. Photo: iStock

Gasoline gallon price in Medellín dropped to $15.411

For this month of March, the price of a gallon of gasoline in Colombia sees a reduction of $501, the second reduction of this same amount so far this year, with which the government of Gustavo Petro assures it is taking 'responsible decisions that allow progress towards a more balanced economy, with measures that benefit the people'.

Procolombia Macro-Round: The Departments That Attracted the Most Business

With business expectations of 65 million dollars - partial data, as of 2:00 p.m. this Friday - the 19th edition of Procolombia's (Colombia Travel Mart) tourism business macro-round closed.

Ministry of Transport advances in the contracting of the Pinillos-Mompox road

The Ministry of Transport is advancing in the construction and supervision processes for the improvement of 15 kilometers of the road connecting Santa Cruz de Mompox with Pinillos, a strategic corridor for connectivity, tourism, and the economy of the southern part of the department.

Paramount Acquires Warner Bros. Discovery After Tight Bid Against Netflix

Paramount launched a cash tender offer for Warner Bros. Discovery (WBD). Photo: AFP

This is the new lingerie brand with which Lili Pink wants to conquer Latin American women

The multilatina brand starts the year with a new lingerie proposal. Photo: Jhon Buitrago-Lili Pink​

The Cali-based company that exports 50% of its production to 14 countries

Georges Bougaud, president of Recamier Photo: Courtesy

A blow to Colombians' wallets: usury rate for March rose and purchases will be more expensive

The usury rate is managed as a fundamental concept for anyone who manages a credit card or seeks a consumer loan, it represents the maximum interest a lender can legally charge for a credit.

More than six tons of tin destined for China seized in Puerto Carreño and Bogotá

More than six tons of tin destined for China seized in Colombia Photo: El morichal

The attack on Iran fuels fears that oil will skyrocket to $100

The attack launched this Saturday by the United States and Israel against Iran could significantly affect the price of oil, which could reach up to 100 dollars a barrel, as Iran possesses 10% of the world's crude reserves. EFE The country maintains a crude production close to 3.3 million barrels per day, which means it is the economic engine of the Islamic Republic. Of that amount, between 80% and 90% is exported to China.

The Huge Sum with Which Paramount Won the Bid Against Netflix for Warner Bros Discovery

After five months of intense negotiations and a bidding war that kept Wall Street on edge, Paramount Skydance managed to prevail over Netflix and closed the acquisition of Warner Bros Discovery for 110 billion dollars, including debt.

Texas Oil Reports 2.78% Rise Due to US-Iran Tension

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