The Secretary General of the Organization of American States (OAS), José Miguel Insulza, expressed his satisfaction regarding the meeting held between the Presidents of the Republic of Colombia, Juan Manuel Santos, of the Bolivarian Republic of Venezuela, Hugo Chávez, and of Honduras, Porfirio Lobo, the aim of which was to propose solutions that would allow […]
I learned a new word in Honduras: agiotista. In Guatemala it’s prestamista; in Argentina usurero. The English translation: loan shark. That’s where small businesses in Latin America get loans. All businesses, from the largest corporations to the market vendor, operate on the basis of credit. As a general rule, banks in Latin America and the […]
Each year about 75,000 Hondurans try to reach the United States to seek economic opportunity. A new plan, however, would try to bring opportunity to Hondurans rather than the other way around. Honduras recently amended its constitution to allow the creation of "special development regions"e; or "charter cities." Charter cities are the brainchild of American […]
The Inter-American Development Bank (IDB) plans to increase financing to the private sector in Latin America and the Caribbean in coming years as it plans to boost its support for projects that have a positive impact on development in the region, IDB President Luis Alberto Moreno said in an interview with IDBtv’s new program, Crónicas […]
Platform in Defense of the Patuca River, said everyone is worried and desperate, especially the Tawahkas who are a small group of 500, whose lives depend on this river. This community of Tawahkas is at risk of extinction as the dam project at the Patuca River proceeds. Those who call the Patuca river home are […]