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Ecuador's Original English Language Newspaper

Volume 6, Issue 12
December 26, 2021
Interest rates for unsecured loans will drop in January

Interest rates for unsecured loans will drop in January

The current interest rate on unsecured loans with terms longer than 13 months varies from 11.97% to 14%. Starting in January 2022, it will drop to 11%. To offset the cost, the IESS explained that it will apply measures such as reducing the delinquency rate.

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Inter-American Court of Human Rights rules in favor of Palacio and directors of El Universo

Inter-American Court of Human Rights rules in favor of Palacio and directors of El Universo

The Inter-American Court of Human Rights (Inter-American Court) declared the “international responsibility” of the Ecuadorian State for the violations of various rights of the journalist Emilio Palacio Urrutia and the directors of the newspaper El Universo, Nicolás Pérez Lapentti, César Enrique Pérez Barriga and Carlos Eduardo Pérez Barriga. And it ordered a series of comprehensive reparation measures […]

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