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Usury rate reaches the highest peak of this century, 45.27% – Financial Sector – Economy

Usury rate reaches the highest peak of this century, 45.27% – Financial Sector – Economy

On Friday of the previous week, a few hours after the board of directors of the Banco de la República, by majority vote, made the decision to raise its interest rate, which sets the course of the cost of credit in colombiaup to 12.75 percent, the Financial Superintendence announced the limit to which money could be lent in the country without incurring in the so-called crime of usury.(Read also: Find out how to avoid debts from making your life miserable in a year with difficulties) The news was not encouraging at all, especially for those who among their planes are…
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Parex is producing less oil after the threats of the Eln in Arauca – Companies – Economy

Parex is producing less oil after the threats of the Eln in Arauca – Companies – Economy

welcome has created your account in EL TIEMPO. Know and personalize your profile. The verification email was sent to Check your inbox and if not, in your spam folder. NO, CHANGE EMAIL YES, SEND We want you to find the news that interests you the most Follow your favorite topics in an exclusive place for you. Remember that to see your topics on all your devices, you must update the El Tiempo App. discover ¨my news¨ An exclusive place,where can you follow yourfavorite subjects . choose them! Hello! Here you can also find "My News" and follow the topics you…
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Bioenergy is a viable business and that is how they are rescuing it – Companies – Economy

Bioenergy is a viable business and that is how they are rescuing it – Companies – Economy

Since its construction, Bioenergy has been surrounded by controversy. Its millionaire cost overruns took Ecopetrol to international courts and opened the door to tax liability investigations and rulings against executives and managers who were part of the company.It seemed that the company had no future and in June 2020 – in the midst of the covid pandemic – its liquidation was surely set. To carry out this process, the then Superintendent of Companies, Juan Pablo Liévano, called Ruben Dario Lizarraldewho only asked to know the state of the company to accept this responsibility.(Also read: Ecopetrol: what comes for the company…
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The keys that the reform of energy laws and public services would bring – Sectors – Economy

The keys that the reform of energy laws and public services would bring – Sectors – Economy

Resuming the regulation of public services is not the only change that President Gustavo Petro seeks to make in this sector. He is also pointing to reform laws 142 (public services) and 143 (electricity law) that were created in 1994 to shield Colombia from a new blackout.Precisely, tomorrow will be 30 years since the end of the 11 months of energy rationing that Colombians had to live between 1992 and 1993 due to a series of errors that led to the only blackout in the country's history.(Also read: Thirty years after the blackout: the country reviews lessons in the midst…
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