Colombian oil major Ecopetrol (EC)announced 4th quarter, 2023 earnings late last month. The company also announced their dividend distribution proposal for payment to shareholders in 2024. The Ecopetrol dividend 2024 dividend will be lower than last year’s dividend. The profits in 4Q were down 38% as oil prices declined according to a new report by …
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Money laundering is a major problem affecting many countries in the world. But what exactly is money laundering? In simple terms it is one form of “washing” illegally-sourced money to convert into good money. I came across the following more details on this process: Click to enlarge Source: The Council of the EU and the …
Mining is critical to the province of Ontario in Canada. According to Ontario Mining Association, mining contributed over C$8.0 billion to GDP in 2021. The industry employed about 31,000 workers in direct employment. Many other interesting facts about the industry are in the above link. In addition to the economic benefits, the mining of metals …
The weapons industry is one of the major industries in the world. In some countries the industry accounts for a significant portion of the economy in terms of revenue, jobs and so forth. In the U.S. for example, defense companies are a source of employment for hundreds and thousands of workers. Similarly in developed Europe, …
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