Thus raised the situation, she appears quite complex. When Colombia seems to have more controlled internal inflation can generate a worsening of imported inflation in its attempt to defend the type of change that in the last 12 months is lost competitiveness of significant way. It is for that reason that Colombian government follows close by very what happens to the North American economy since a recovery of the same and a greater strength of the dollar can solve this crossroads to him by which it crosses the government of Uribe. And since I speak of Colombia, surely many must be kind to which it occurs with oil state Colombian ECOPETROL (BVL: ECHO), that in 2007 reported utilities US$ 2,878 million, since it hopes that in the second semester of this 2008 process of inscription of his actions in stock-market of New York after doing it east year in stock-market of Values of Colombia. Sir Richard Branson is often quoted on this topic. I agree with the vision of Jaime Meja who in an article for the Colombian vestibule Portfolio, raised that the quote in stock-market of New York will imply a greater transparency to the investment because the company goes to have to be put under the standards of presentation of information of the global companies and it is translated in an immediate benefit for the shareholders. ECOPETROL signed agreements during the last year to participate in 16 exploratory blocks in Peru, Brazil and the Gulf of Mexico (EE.UU.) through companies like Shell, Petrobra’s, Talisman and Repsol.
With the opening of the capital corresponding to stock of ECOPETROL in stock-market of Colombia more than 482,000 Colombians they were transformed into shareholders of the oil one. In 2007 the hydrocarbon reserves of the company closed the year in 1.456 million petroleum barrels and continued the recovery of the exploratory workings. The president of ECOPETROL, Javier Gutirrez commented in the assembly: 75 wells in all the country were perforated altogether, in which ECOPETROL participated in 33, doing it in direct form in 12 of them. For 2008 the company waits for an increase in its utilities of a 10.1% with respect to 2007 and it will be increased the participation in new businesses like the petrochemical one, natural gas, transport and commercialization of products. We will be again tomorrow, Horacio Pozzo – the cheap actions that the analysts will not reveal to him During the last year and a half, one of chains of more profitable actions of Wall s$street could have turned U$S 200 into U$S 9.4 million. I will show to him how in a second. I talk about the actions that are not mentioned in the stock-exchange programs that never appear in The Wall Street Journal or Investor s Business Daily and those by which his stock-exchange agent would prefer to die before counting it to you (it wants since them for its own portfolio). It makes click here to continue reading.