Investments and Business

Colpatria makes a million-dollar donation for university scholarships – Personal Finance – Economy

Colpatria makes a million-dollar donation for university scholarships – Personal Finance – Economy

Thousands of low-income Colombian youth who seek to advance their university studies and do not have the resources to do so will be able to do so thanks to the agreement they have just signed on Colpatria Group and the University of the Andesthrough its 'I want to study' program, which will receive a donation of 13,000 million pesos from the financial conglomerate.(Also read: This is how you can refinance a bank debt in just five easy steps) With this contribution, a total donation of 28,000 million pesos is completed, the first was 15,000 million and was made in 2009,…
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Inflation: find out what was the variation in the cost of living in February – Sectors – Economy

Inflation: find out what was the variation in the cost of living in February – Sectors – Economy

The cost of living in Colombia does not stop rising. In February, as reported by the National Administrative Department of Statistics (Dane) its annual variation was 13.28 percent, 5.27 percentage points more compared to 8.01 percent in the same month of 2022. The data for the second month of this year marks another record so far this century, since a level of these had not been reached since March 1999 when inflation of 13.51 percent occurred. Only in February the variation of this cost of living for Colombians was 1.66 percent, slightly below the data for January of the same…
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Thomas Schelling and how he helped avoid a nuclear war in the Cold War – Financial Sector – Economy

Thomas Schelling and how he helped avoid a nuclear war in the Cold War – Financial Sector – Economy

The year 1961 was very tense for those who lived through it.The Bulletin of the Atomic Scientists had a clock symbolic of the end of the world -because of a nuclear war- and they set it at 7 minutes to midnight.Children in schools were told what to do in case of an atomic attack and the United States was convinced that it was losing the space race, while Russian President Nikita Khrushchev was building the Berlin Wall.In late September 1961, Henry Kissinger, who would serve as US Secretary of State from 1973 to 1977, and a few other US strategists…
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Viva Air: the rights of passengers affected by canceled flights – Companies – Economy

Viva Air: the rights of passengers affected by canceled flights – Companies – Economy

The Superintendence of Transportation defected to live air remind passengers affected by the temporary suspension of their proper operations are the drights that they have as users of air transport. (You can read in context: Crisis Viva Air: are they using the situation to charge more?)These rights are established by the Aeronautical Regulations of Colombia, as well as Law 1480 of 2011 or Consumer Statute.Viva Air, which left its planes on the ground last Monday due to its deep crisis, responded to the order of the Superintendency and through posts on its social networks.As expected, those affected by the suspension…
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