Economy

Could he ask for more money?: Petro Government acknowledges that $8 billion would not be enough to address the economic emergency

The increase in victims and effects due to the rains could lead to new collection measures. Photo: Courtesy: Hocol

Total closure of Tayrona puts the country's most visited park on hold: how it affects the economy

Portafolio Journalist 02/24/2026 13:39 Updated: 02/24/2026 17:58

Shell and BP Push for Rodríguez-Persad Bissessar Meeting to Revive Trinidad and Tobago Gas Projects with Venezuela

British energy companies Shell and British Petroleum (BP) have obtained the approval of the Donald Trump administration to advance business with Petróleos de Venezuela (PDVSA), by being included in General License No. 50, issued by the Office of Foreign Assets Control (OFAC) of the Department of the Treasury.

Sales of Super Premium gas stations fall: users claim they do not have cash dollars

Gas stations offering 97 octane gasoline have seen their sales drop, as most of their users do not have cash dollars to make payments. According to Bitácora Económica, clientele decreased between 70% and 90%. A week after PDVSA's pilot plan for the sale of super premium fuel was implemented, establishment owners assure that, for now, it is unviable if it is maintained only in cash foreign currency.

Trump's new 15% global tariff on imports takes effect. How long will it last?

On Tuesday, February 24, the Trump administration launched a new generalized 15% tariff on imports, a measure with which the president seeks to counteract the recent setback of his tariff policy in the Supreme Court, which determined that the Republican president exceeded his authority with the imposition of tariffs on countries worldwide.

'100-point increase in the rate is not enough', said the manager of the Bank of the Republic, Leonardo Villar

Leonardo Villar Gómez, manager of the Bank of the Republic. Photo: Courtesy Asobancaria

ISA Subsidiary Must Pay a Fine of 14.4 Million Dollars for Blackout in Chile

Portafolio Journalist 02.24.2026 11:45 Updated: 02.24.2026 12:15

Parque Arauco S.A. announces an investment of US$81 million to expand the Parque La Colina shopping center in Bogota

Parque La Colina in Bogota is one of Parque Arauco's most emblematic assets in the country. Photo: Courtesy.

Bancolombia informs that 'services are now available' after making adjustments

Portafolio Journalist 02.24.2026 11:15 Updated: 02.24.2026 12:07

Banks propose 'a year without interest' for areas affected by the winter emergency

The financial superintendent, César Ferrari, confirmed that the entity opened ex officio investigations for the recent failures of Bancolombia and warned that, if necessary, fines will be imposed. He also revealed details about the meeting that the National Government is holding with the banks, in which alternatives to forced investments are being sought within the framework of the economic emergency.

China asked the United States to cancel 'unilateral' tariffs

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Reuters

Commercial houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a supply agreement between Caracas and Washington began, which will accelerate shipments from March and boost deliveries to India, according to sources and data. Reuters The [...]