
Colombia Wages War on Cash With New Central Bank Payment Network
Bogotá's largest food market is on the front line of the Colombian central bank's war on cash.
Every morning, shoppers swarm Paloquemao for everything from sizzling arepas to ripe avocados and freshly-cut roses trucked in from farms an hour away.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
28 minutes ago
- Bloomberg
Landing a $35 Billion Tech Deal in the Middle of Trade Turbulence
By Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I speak to Synopsys CFO Shelagh Glaser about how the software provider navigated the drawn-out approval process for its $35 billion acquisition of Ansys. I also connect with the finance chief of Colombia's biggest bank. But first, here's some other news that caught my eye:
Yahoo
9 hours ago
- Yahoo
Luis Diaz to Bayern Munich now a FORMALITY after Fabrizio Romano update
Luis Diaz now looks absolutely certain to join Bayern Munich. The Colombian wants out of Liverpool. Liverpool have held the stance all summer with negotiating clubs that Luis Diaz is not for sale. That's despite the winger pushing for an exit. LFC x New Era Shop Now LFC Signed Merch Shop Now LFC x Titleist Shop Now Now, Anfield Watch understands that's never actually been true - Liverpool were always open to selling. They just wanted a high price for Diaz and so wouldn't completely admit it. Bayern Munich and Barcelona have clearly felt he's available. They each made offers in June to sign Diaz, though Liverpool rejected both. certainly have the money to meet any asking price. But after a couple of twists and turns, this one appear to have set a permanent course. Luis Diaz surely joining Bayern Munich Barcelona are certainly out of the running for Diaz. They've brought in Marcus Rashford on loan from Manchester United, eliminating any need. And now Al-Nassr also appear to be out of it. Fabrizio Romano reports that they've turned their attention to João Félix and will attempt to sign the playmaker. Even if they don't sign Félix, their focus is now off Diaz. That leaves Bayern, who will supposedly put up a lot of money.
Yahoo
14 hours ago
- Yahoo
Companhia Energética de Minas Gerais – CEMIG (CIG)Launches $6.3B Modernization Plan
We recently compiled a list of Companhia Energética de Minas Gerais – CEMIG stands tenth on our list. Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG) is one of Brazil's largest integrated energy utilities, playing a crucial role in the country's power generation, transmission, and distribution. Recently, the company launched its most ambitious investment program to date, committing BRL 6.3 billion in 2025 toward modernizing its infrastructure and accelerating Brazil's energy transition. These efforts include upgrading to smart meters, enhancing grid resilience, and adopting advanced systems like SAP S4/HANA and ADMS to improve efficiency and service reliability. In line with global sustainability goals, Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG) is expanding into renewable energy, with its first solar plants set to launch in July 2025. These investments also support the agribusiness sector, a key part of the company's economy. As part of its operational overhaul, the business is restructuring with six new regional management units to improve local responsiveness and customer service. A vibrant skyline illuminated by the lights of the electric utility company. A key highlight of Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG)'s strategy is its push for digital transformation and smart grid integration. The deployment of digital tools and real-time management systems aims to future-proof its operations, accommodate growing renewable capacity, and provide more agile and transparent services across the energy value chain. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data