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The government's decision not to award new oil contracts brought a cloud of uncertainty for companies that have been investing in the country for years. But beyond the announcement itself, what causes the most concern is that this measure is based on a document that has been in the midst of controversy.First, because its preparation was attributed, among other people, to the former director of Hydrocarbons, Camilo Rincón, who assured that this was not true and that he did not authorize his name to be included as co-author of the 'Balance of hydrocarbon contracts and resources available for the energy…

The mix of factors such as the possible reduction in the rate of increase in interest rates by the United States Federal Reserve, a strong oil price due to the reopening of China and the lower internal uncertainty of the country led to the dollar in Colombia to lose this week 83 pesos.(You can also read: Creg responds to Petro: 'Regulatory bodies must be independent') The US currency was quoted lower all week except Friday and closed at an average price of 4,548.25 pesos, that is, about 500 pesos less than a little over two months ago, when it was…

As of July 15, 2023, all workers will go to their workplace one hour less per week. Of the current 48, the workday it will have 47 by law. Of course, companies may not reduce the salary of employees in any case. Otherwise, they will be exposed to sanctions.This reduction is due to Law 2101 of 2021, which was led by the former senator of the Democratic Center Alvaro Uribe and which determines that the Colombian working day will gradually decrease until reaching 42 hours a week in 2026.(You can also read: Creg responds to Petro: 'Regulatory bodies must be…

In addition to being the founder and director of the Growth Laboratory at Harvard University and a professor at the Kennedy School of Government at the same academic institution, Ricardo Hausmann is a great connoisseur of the Colombian reality. Born in Venezuela and author of countless texts, he will arrive in the national territory next week to talk, among other topics, about the so-called 'green transition'. About, The academic maintains that for most countries the emphasis of their development policies should be to help decarbonize the planet, not from the point of view of reducing their own emissions, but rather…