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Retail sales: why they continued to fall in February – Sectors – Economy

Retail sales: why they continued to fall in February – Sectors – Economy

In February, the trade sales significantly in the country. This is reflected in the Fenalco economic log, in which 79 percent of businessmen reported that their sales were the same or lower than those obtained in the same month of the previous year. Only 21 percent said they would increase their transactions.(You can also read: Colombia's external debt: growth rate tripled in December) And it is that to the difficulties that have already been mentioned previously as the inflation, the price of the dollar and high interest ratesIn February, the logistical problems derived from the closure of the Pan-American Highway…
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What to keep in mind when looking for a temporary job – Personal Finance – Economy

What to keep in mind when looking for a temporary job – Personal Finance – Economy

Among the main tips for finding a temporary job is writing a good resume and a cover letter that highlights knowledge, skills and those personal aspects that may be differential compared to other applicants. You also have to focus on working on the skills that the market demands, according to Manoli Pozo, director and teacher of the Master's Degree in People Management at VIU - International University of Valencia, These are the transversal ones, also called soft skills, they are increasingly in demand by companies.These develop capacities regardless of the professional profile or technical skills, and can be transferred to…
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Latam Airlines: new Bogotá-Riohacha route starting March 28 – Business – Economy

Latam Airlines: new Bogotá-Riohacha route starting March 28 – Business – Economy

Last Friday, March 10, Latam Airlines Colombia, Colombian subsidiary of Latam Airlines Group, published a statement announcing the new air route established between Bogotá and Riohacha. The company assured that it began studies to offer the route for some time. The airline's statement contains several details regarding how the air route will work. This will begin its operation on March 28 in Airbus 320 and 319 aircraft, which have capacity for 176 and 144 passengers, respectively.Regarding the schedules, the company statement assured that the flights will operate daily, seven days a week. It also states that this will be done…
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Silicon Valley Bank: these are the effects on Colombian banks – Financial Sector – Economy

Silicon Valley Bank: these are the effects on Colombian banks – Financial Sector – Economy

The message of tranquility that the President of the United States, Joe Bidento the markets yesterday, about the solidity of the banking system in that country, did not force the fear of thousands of savers and investors who fear that with the bankruptcy of Silicon Valley Bank (SVB) and the difficulties faced by Signature Bank, the First Republic Bank and the Western Alliance, the story lived 14 years ago may be repeating itself with the bankruptcy of entities such as Lehman Brothers, among others.(Also read: Fall of Silicon Valley Bank, would it affect Colombian ventures?) “Americans can trust that the…
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