Investments and Business

Next week, June 1, the deadline for the United States to expand its ability to pay will expire which has already peaked. The US Congress is the sole power to change the US government's debt ceiling and if there is no agreement to allay this nation's uncertainty, fear will grow and could eventually turn into panic. Also having an effect of the world. How much is the debt?US GDP is around current levels of $23 trillionbut the world's largest economy has a debt ceiling of $31.4 trillionand it has already been achieved since January of this year.This means that the…

The Coffee Axis, the Valley, Cauca and Tolima viven days of contingency due to the suspension of gas service. The situation stems from the strange phenomenon of gases and incandescence that occurs on one of the slopes of Cerro Bravo, in Tolima. (Also: Why did they suspend the natural gas service in the Eje Cafetero and the Valley?)Although fluid for vehicles and some industries was first suspended, now the measure will also affect businesses and homes, so sales of electric stoves skyrocketed. In addition, the Ministry of Mines and Energy said that the contingency would last approximately nine days.Jon Londoño,…

A new one will be held on August 16 Reliability Charge auction to ensure the energy that is needed to cover the consumption of Colombians between 2027 and 2028 and thus avoid rationing that could cost the country 1.32 trillion pesos.The country wants to "get healthy" in case several risks that are being perceived materialize, such as the non-commissioning of the two Hidroituango units that are expected for this year and a increase in energy demand greater than current projectionssince consumption has been growing three times more than the generation park.(Also read: El Niño phenomenon will not cause energy rationing,…

Despite the fact that the profitability of the Collective Investment Funds (FIC) this year is in double digits due to the situation of high interest rates, andn Colombia, only 5 percent of its population has one of these options, well below the 40 percent of countries like the United States or Brazil.(Also read: What products dropped in price in Ara, Olímpica, Makro, Éxito and Colsubsidio?) Mauricio Wandurraga, Chairman of Fiduciaria BBVAHe spoke of the opportunities offered to people with one foot by this investment mechanism, about which little is known, a debt that the financial sector has with Colombians who…