Economy

Latin America will face a generalized recession: Oxford Economics – Sectors – Economy

Latin America will face a generalized recession: Oxford Economics – Sectors – Economy

Latin America will face a widespread recession this year as consumption slows and central banks keep interest rates high, according to the latest projection from Oxford Economics.(You can also read: The formula so that the country's economy does not slow down so strongly) It is expected that Argentina, Chile and Colombia face contractions throughout the yearsince consumption in the region began to decline at the end of last year.High borrowing costs in Brazil and Mexico, plus a slowdown in the United States, will continue to weigh on growth, Marcos Casarin, chief Latin America economist at Oxford, and colleagues wrote in…
Read More
How to download peace and save in virtual Sufi?  – Personal Finance – Economics

How to download peace and save in virtual Sufi? – Personal Finance – Economics

Sufi is a brand created by Grupo Bancolombia so that people can request different credits. To request it is very fast and you can do it virtually or in an allied establishment. This model is 100% digital, so no paperwork is needed. According to the website 'Sufi.grupobancolombia', the quota that customers have can be used for:· Low cylinder motorcycles, accessories and procedures.· Used vehicles more than 5 years old.· Technology, bicycles, entertainment, health and beauty, remodeling and home decoration.· Short-term educational credits to study undergraduate, postgraduate, languages ​​or courses abroad.(Keep reading: Assemblies of owners (III): fines, defaulters and other aspects).people…
Read More
Lottery numbers that are played the most in Colombia – Personal Finance – Economy

Lottery numbers that are played the most in Colombia – Personal Finance – Economy

The lottery is one of the most traditional games of chance in Colombia: Every year, thousands of people decide to try their luck, bet on their winning numbers, buy the ticket and look forward to being the lucky winners. Although, as its name implies, the lottery is a game of chance, there are those who choose not to leave anything to luck. And, on the contrary, they will focus on strategies by carefully selecting the numbers that they will believe will lead them to victory. Some blindly trust Diomedes Díaz; while others put their faith in various dates and signs.…
Read More
Creg warns that intervening in energy prices would lead to rationing – Sectors – Economy

Creg warns that intervening in energy prices would lead to rationing – Sectors – Economy

The Committee of Experts of the Energy and Gas Regulation Commission (Creg) intervening in energy rates can carry out rationing in the coming summer season.(Also read: Creg warned Minister Irene Vélez about intervention in energy rates). According to the committee, intervening in the prices of the wholesale energy market implies a distortion in the behavior of the market that eliminates the possibility of using the price as a mechanism to rationalize the reservoirs and transfers to the State the risk of their operation. "In this way, if an extreme dry hydrology situation were to occur next summer, given the probability…
Read More