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Ecuador's Original English Language Newspaper

Volume 9, Issue 12
December 29, 2024
Savings Rates: Decline in 2024, What’s Next in 2025?

Savings Rates: Decline in 2024, What’s Next in 2025?

Ecuador's interest rates for savers have sharply declined in late 2024, with further reductions expected in 2025 due to economic factors. Interest rates for savers in Ecuador have been in a downward spiral since mid-2024, after reaching a peak earlier in the year. The...

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Ecuador Moves Toward Repealing Ban on Foreign Military Bases

Ecuador Moves Toward Repealing Ban on Foreign Military Bases

Ecuador takes steps toward lifting its ban on foreign military bases to enhance international security cooperation amid growing transnational threats. Ecuador is on the brink of making a historic change to its defense and foreign policy. A proposal by President Daniel Noboa to lift the country’s longstanding ban on foreign military bases has been greenlit […]

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