EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Colombian police break up road blockades against diesel price hikes

Andrew Murphy by Andrew Murphy
September 5, 2024
in Economy
Reading Time: 4 mins read
A A
0
50
SHARES
622
VIEWS
Share on FacebookShare on Twitter

Police said there had been 120 permanent blockades and 82 other associated disturbances countrywide. ©AFP

Bogotá (AFP) – Colombian police moved in Thursday to break up road blockades in and around the capital on the fourth day of protests against a rise in diesel prices. Hundreds of trucks have barred roads since Monday around Bogota and other cities in a show of anger against a 20-percent increase in the price of a gallon of diesel to $2.70.

Related

EU chief says pressure off for lower Russia oil price cap

Spain says ‘overvoltage’ caused huge April blackout

Trump says EU not offering ‘fair deal’ on trade

UK automakers cheer US trade deal, as steel tariffs left in limbo

Global oil demand to dip in 2030, first drop since Covid: IEA

Bogota Mayor Carlos Fernando Galan said on X that anti-riot police had intervened with national government approval “to lift blockades” in five critical points in and around the capital of some eight million people. In its last report, the police said there had been 120 permanent blockades and 82 other associated disturbances countrywide, forcing many people to walk or cycle to work, and disrupting deliveries and businesses.

The government had made an appeal Wednesday for truckers to create safe corridors for food supplies amid warnings of looming shortages. The main wholesale food market in Bogota had registered a 40-percent reduction in deliveries received, and the Colombian pharma association said 30 percent of all medicine deliveries have been held up.

State oil company Ecopetrol suspended activities at five oil fields as blockades interrupted operations. Colombia’s left-wing President Gustavo Petro is on a drive to phase out subsidies that have kept fuel prices frozen since the Covid-19 pandemic. The diesel price hike, which came into effect on Saturday, affects the cost of shipping most goods in a country where 90 percent of commodities are transported by road.

The government argues that the new diesel price is still one of the cheapest in the region. Petro, the country’s first-ever leftist president, has accused “powerful” figures in the business community of being behind the protests and insisted the fuel subsidies were fiscally unsustainable.

© 2024 AFP

Tags: colombiafuel pricesprotests
Share20Tweet13Share4Pin5Send
Previous Post

7-Eleven owner rejects initial takeover bid from Canadian rival

Next Post

Boeing’s troubled Starliner spaceship returning to Earth without crew

Andrew Murphy

Andrew Murphy

Related Posts

Economy

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025
Economy

Why stablecoins are gaining popularity

June 17, 2025
Economy

Bank of Japan holds rates, will slow bond purchase taper

June 17, 2025
Economy

Ecuador pipeline burst stops flow of crude

June 16, 2025
Economy

Yen slides ahead of Bank of Japan policy decision

June 16, 2025
Economy

War, trade and Air India crash cast cloud over Paris Air Show

June 16, 2025
Next Post

Boeing's troubled Starliner spaceship returning to Earth without crew

Stock markets swing as traders prepare for US jobs data

China pushes smaller, smarter loans to Africa to shield from risks

App helps Mexican tortilla makers join digital economy

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.