Investments and Business

Credits: reasons why Colombians are not paying their debts – Personal Finance – Economy

Credits: reasons why Colombians are not paying their debts – Personal Finance – Economy

The slowdown in the economy is revealing more and more major cracks in household finances. Not only is consumption in sharp decline (according to Raddar, household spending in March showed a contraction of 3 percent per year) but also, Colombian families are finding it more difficult to pay their financial obligations and to catch up on delinquent loans.(Also read: Consumer loans slow down, growth in March is the lowest in 5 years) This is clear from a recent report by the financial information center TransUnion, which warns that delinquency in credits is accelerating and today there are more credits with…
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How to convert euros to Colombian pesos when making purchases?  – Personal Finance – Economics

How to convert euros to Colombian pesos when making purchases? – Personal Finance – Economics

In the world there are more and more people who perform online shoppingThanks to the existence of various pages and applications that offer all kinds of items that on several occasions cannot be found in any store in the country of residence, so this is a good option to purchase these products.Several of these virtual shops Serve all kinds of credit cards and currencies, in addition to shipping to many countries. If you are one of the people who normally or for the first time is going to make a purchase abroad, you should know that the owner of the…
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HDI Seguros, from the German group Talanax, buys Liberty Seguros – Financial Sector – Economy

HDI Seguros, from the German group Talanax, buys Liberty Seguros – Financial Sector – Economy

As announced four years ago, when they acquired Generali Seguros Colombia, the Talanax Group, of German origin, is advancing in its goal of being the fifth largest player in the country's insurance industry and the third in Latin America. For it announced this Wednesday the purchase of the operations of the insured Liberty Mutual Insurance, for which they agreed to pay 1,480 million euros (about 1,587 million dollars).(Also read: The Colombian banks with the best profits in March 2023) Grupo Talanx also controls HDI Internacional with operations in Colombia, Brazil, Chile and Ecuador."The acquisition fits perfectly into our strategy to…
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Oil sector lost 16,000 jobs and operating capacity – Sectors – Economy

Oil sector lost 16,000 jobs and operating capacity – Sectors – Economy

in the last six months The oil sector has lost nearly 16,000 jobs (2,452 direct and 13,475 indirect) due to the reduction that has been occurring in the number of drills that are active in the country. According to the most recent report presented by Campetrol, the union of oil goods and services, since November 2022 there is a downward trend in the number of teamsgoing from 155 to 126 in April of this year, which means a drop of 18.7 percent. (Also read: 'If we do not have reserves, the energy transition is at risk': says the USO) Compared…
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