Economy

A document that contains 10 specific issues to advance in the labor reform process presented yesterday by the country's merchants, members of the National Federation of Merchants (Fenalco) to the National Subcommittee on Labor Reform as an input for the project that will be presented to the Legislature in mid-March.(Also read: Pension reform: why would it harm workers with less than two minimums?) According to the union, the initiatives aim at "more formal employment, flexibility without precariousness and less costs for companies." In addition, it recommends not ending the outsourcing, as well as eliminating the surcharge for those activities that…

After oil fell below $75 in December, its lowest level in a year, international crude oil prices He kicked off 2023 with a bang thanks to the lifting of covid-19 restrictions in China.While the price of intermediate oil from Texas (WTI) closed yesterday at $80.15 per barrel, the Brent reference for February delivery ended the day at $86.15.(You can also read: Ocampo once again denies Vélez and says that the reservation report must be expected) And it is that investors are optimistic with the reopening of chinawhich is the largest importer of oil, and they hope that the lifting of…

In the midst of the controversy generated by the report presented by the Ministry of Mines on the gas and oil reserves in which it is assured that the resources would reach 2037, the Minister of Finance, José Antonio Ocampo, clarified that for now final figures are not available and the Government will hold a meeting next week to review the issue.(You can also read: 'No signatures were falsified': Minister Irene Vélez ratified the oil report) "Next week we are going to meet the government team with the Ministry of Commerce, with ecopetrol. There are still no final estimates of…

Backed by the presidents and directors of the entities attached to the Ministry of Mines and Energy, Irene Vélez defended the 'Balance of hydrocarbon contracts and resources available for the Just Energy Transition'.This has been questioned by different unions and experts in the sector because it considers that an erroneous analysis of the potential of oil and natural gas is made What does Colombia have?(Also read: The key phrases of the defense of Minister Irene Vélez for the oil report) In addition, the greatest concern because this document corresponds to the basis for the National Government to make the decision…