Technology

"The enemy of the Colombian financial system is cash"

“The enemy of the Colombian financial system is cash”

Businesses and individuals alike have aroused a particular appetite for digital tools that serve as an alternative to cash and facilitate access to services, such as saving money and performing financial transactions without paperwork or additional fees. Currently, digital financial players such as Nequi, Daviplata, Lulo Bank, Nu (from Nubank) have made their way into …

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Gold investment soars in Madrid amid fear of crisis and phantom of inflation

Gold investment soars in Madrid amid fear of crisis and phantom of inflation

Since the coronavirus pandemic, the the value of gold has skyrocketed. The price hit all-time highs exceed $2,000 per ounce in August 2020, surpassing its previous record of 2011. Throughout history, this precious metal has acted as safe haven in times of crisis or war, since it tends to increase in times of uncertainty, while …

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These are the tokens of Argos and Gilinski to occupy the Council of Sura

These are the tokens of Argos and Gilinski to occupy the Council of Sura

After the resignation from the Sura board of directors of Jorge Mario Velásquez, president of Grupo Argos, and Alejandro Piedrahita Borrero, vice president of corporate finance of the same group, JGDB Holding and Argos unveiled the new tokens to be submitted for review during the extraordinary meeting of the general meeting of shareholders which will …

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Ecopetrol to Pay Highest Dividend in History, Is Stock Growth Affected?

Ecopetrol to Pay Highest Dividend in History, Is Stock Growth Affected?

The need to cover the $14.1 billion budget shortfall left by the gasoline subsidy will benefit Ecopetrol’s minority owners. Yesterday, the extraordinary meeting of shareholders of the oil company approved the release of part of the occasional reserve equivalent to 6.9 billion dollars, which will be distributed among the holders of securities: the Nation – …

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