With the liquidation of Justo & Bueno, we will see the fate of the affected public, especially the landlords and suppliers, who were in the queue of priorities when responding for the debts that remained with the closure. Darío Laguado Monsalve, the company’s liquidator, told Blu Radio that “the payroll of 5,800 workers was degraded … Read more
Amazon workers in nearly 40 countries plan to protest on Black Fridaywhich is one of the busiest days of the year for electronic commerce. The employees in United States, United Kingdom, India, Japan, Australia, South Africa and all Europa they demand better wages amid the high cost of living faced around the world. The workers … Read more
Many paisa children in the 80s —and 90s— did not have the most popular video game consoles of that time, they were expensive and their families could not afford them. For example, the Nintendo Entertainment System (NES) was released in the US in 1986 with a price tag of around $300. They were clearly a … Read more
The dollar would not have a significant drop in the remainder of 2022At least that is the first impression of the experts when they look at the macroeconomic situation in the United States. We must put the matter in context: in the North American country they are facing the highest cost of living in the … Read more
The Financial Superintendence received a request to approve a Public Acquisition Offer (OPA) by Nutresa, the Paisa food conglomerate that had already been the subject of three OPAs by the Valle del Cauca banker Jaime Gillinski, who after these operations kept the 31 .59% of the holding. According to the supervisory body, “the purchase price … Read more
The cost of living in the United States continues its downward streak and the year-on-year rate of the Consumer Price Index (CPI) fell two basic points in August, standing at 8.3%, although in monthly terms prices rose 0.1% compared to July. It is worth mentioning that, according to a previous survey conducted by Bloomberg, the … Read more
Credit card purchases are growing at a dizzying pace in Colombia. And according to data from the Financial Superintendence, as of May, the total debt with them amounted to $7.9 billion, 45% higher when compared to the same month last year. In this context, Jorge Castaño, financial superintendent, expressed his concern and pointed out that … Read more
The Financial Superintendency has expressed concern about the accelerated rate at which credit card debt is growing among Colombians. According to the entity, by May 2022, purchases made with these instruments reached $7.9 trillion and grew 45% compared to the same month last year. According to the report of the supervisory body, in May 2021, … Read more