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The European stock markets closed this Wednesday with great losses, motivated by the collapse of the credit suisse bank, which revived fears about global financial stability, after the bankruptcy of the US Silicon Valley Bank (SVB). The Paris Stock Exchange lost 3.58 percent, that of Frankfurt 3.27 percent, that of London 3.83 percent, while Milan fell 4.61 percent and Madrid 4.37 percent. The European Banking Sector Index (Stoxx 600 Banks) tumbled nearly 7 percent.(Read also: 'AFP investments abroad earn more than those in the local market') Shares of Credit Suisse fell the most in its history on Wednesday, despite attempts…

The graves public order problems that have been registered in Arauca, Putumayo and Caquetá, led to a drop in preliminary oil production in Colombia during the month of February. According to the Colombian Chamber of Goods and Services of Oil, Gas andEnergy (Campetrol), is produced 759,900 barrels of oil per day (bpd)a drop of 1.8 percent (13,600 bpd) compared to the barrels that were reported last January (774,000 bpd).(Also read: Protests and blockades jeopardize key sectors for the country's economy) However, in the first two months of the year (January and February) oil production reaches an average of 766,800 bpd,…

After the Colombian economy reaches its minimum growth this year, less than 1 percent according to the consensus of various analysts, as a result of the global and local slowdown, the country will begin its recovery path that will take it to levels of 1.8 percent. in 2024. The projection is from analysts of the bbva research colombia, who see that the cost of living in the country will slow down to levels of 9 percent in December.(Read also: This is what the pension reform project brings) This year the Colombian economy will grow 0.7 percent, driven by the public…

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