Economy

GEB guarantees blackout risk in Bogotá due to opposition to key projects – Sectors – Economy

GEB guarantees blackout risk in Bogotá due to opposition to key projects – Sectors – Economy

Although energy rationing alerts are issued by the National Dispatch Center, the president of Grupo Energía Bogotá (GEB), Juan Ricardo Ortega, establishes that there is a vulnerability in the system that could put at risk the supply of electricity in Bogotaas revealed by the former Vice Minister of Energy, Belizza Ruiz, in an interview with EL TIEMPO.This risk is due to the fact that the company has not been able to conclude the construction of two key projects for the transport of energy to the capital of the country: Chivor II-Norte and Sogamoso.(Also read: "There is a risk of a…
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Commerce lost more than 121,000 jobs in December 2022 – Sectors – Economy

Commerce lost more than 121,000 jobs in December 2022 – Sectors – Economy

The labor market continued to recover in December, albeit at an increasingly slow pace. According to Dane, the unemployment rate was 10.3 percent0.8 percentage points less than that of a year ago.With that, the average figure for the end of 2022 was 11.2 percentwhich represents a decrease of 2.6 points compared to that registered in 2021.(Also read: Mobility Apps: who works on them and how much the market moves) “This figure shows that the recovery of the economy was higher than that of employmentWell, we never recovered occupancy levels like the ones we saw just before the health emergency, while…
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Gasoline price: since when has it risen and in which cities?  – Sectors – Economy

Gasoline price: since when has it risen and in which cities? – Sectors – Economy

The Ministry of Finance announced that, as of February 1, the price of current gasoline will produce a maximum increase of 254 per gallon in some cities, while the price of diesel will remain stable.The increases oscillate between 246 and 254 pesos per gallon, but taking into account the 13 main cities in the country, the increase is 232 pesos on average, settling at 10,399 pesos per gallon for February.(Also read: Nothing stops speculation with the price of gasoline in Nariño) This way, five months of continuous increases in the cost of gasoline are completed, which add up to approximately…
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Exports: since when have they been falling and what will happen in 2023 – Sectors – Economy

Exports: since when have they been falling and what will happen in 2023 – Sectors – Economy

For the first time in 22 months, Colombia's sales to the world were in negative territory and after having registered growth close to 84 percent, as happened in April.(Also read: Dane revealed that the unemployment rate for 2022 was 11.2%) This was revealed on Tuesday National Administrative Department of Statistics (Dane) noting that in December the country's exports fell 1 percent compared to the same month of the previous year. The maximum growth achieved was in the fourth month of 2022 and from then on the country's export dynamics decreased until it entered negative territory at the end of last…
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