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ecopetrol, the most important company for the Colombian economy, is preparing to have a new president starting in April. A change that will take place in what could be classified as the best moment for oil, not only because of its financial results, but also because of the recognition it has achieved internationally.Although the Minister of Finance, José Antonio Ocampo, said that his departure from Ecopetrol was taken by the board of directors, Felipe Bayon He stated that it was an agreed decision. “We managed to have that conversation and come to an agreement,” she said.(You can also read: Creg…

Workers with income between 1 and 3 current legal monthly minimum wages, single, university students and women, They are the categories that have the most debtors in the annual analysis prepared by the credit repair company Resolve Tú Debt, based on the figures of its users. (The difference between a co-signer and a guarantor). In the case of Colombia, the increase in women who will decide to resort to credit repair to settle their obligations stands out, since they came to represent about 52% of the population surveyed, while the remaining 48% correspond to men.Experts in personal finance from the…

In October 2022, the Country Risk Premium of Colombia at 10 yearsMeasured by Credit Default Swaps, or better known as CDS, it has been increasing, in 10-year dollars, it reached 429 basis points, its highest level since March 2009. That risk premium, country risk or sovereign risk, is the premium that a country pays to finance itself in the markets, compared to another country.(Read: 'Regulatory bodies must be independent': Creg responds to Petro). In the case of Colombia, the comparison is made with the United States, which is the reference country for the area and therefore, The risk premium is…

Following President Gustavo Petro's decision to regulate public services, the Committee of Experts of the Creg Make sure that regulatory bodies should always have an independent nature in order to ensure that their decisions are objective, impartial, consistent and technical.(You can also read: Uncertainty round the electricity sector due to Petro announcements) “This allows regulated agents, as well as the general public, to perceive objectivity, neutrality and transparency on the part of the State. It ensures that the State achieves that the agents adapt their conduct to the constitutional and legal fines of respect for economic and business freedom, while…