By Luciano Gonzalez on October 22, 2015
Clinton List, Continental Bank, Rosenthal Case, Rural Development Bank
Business - Economics, Financial News, General Honduras News, Translations

2,400,000,000 lempiras offered for the assets of Continental Bank. The bank of rural development, presented an offer of 2,400,000,000 lempiras so that they could acquire the assets and liabilities within the Continental Bank. Evasio Asensio, the person in charge of the forced liquidation of the Continental Bank, stated that “We have received the offer of […]
By Luciano Gonzalez on October 21, 2015
Juan Orlando Hernandez, National Party, Politics in Honduras, Presidential reelection
General Honduras News, Politics in Honduras, Translations

The presidential adviser, Marvin Ponce, stated in an interview that nothing can stop Hernandez from seeking reelection if he were to run. M.P.: Nothing can stop Juan Orlando. Journalist: What about Ricardo Alvarez (one of the Vice-Presidents, 1st vice-president)? M.P.: No, Ricardo Alvarez lost part of his base and his political moral compass, but he’s […]
By Luciano Gonzalez on October 21, 2015
honduras, tornado, unusual weather
General Honduras News, Weather

Residents of Siguatepeque got to witness an extremely surprising occurrence earlier today: a tornado! Tornadoes are not at all common in Honduras, and due to this it wasn’t expected, causing panic among some of the individuals who were in the area to witness it. Astonishingly enough according to local first-responders the tornado apparently didn’t cause […]
By Luciano Gonzalez on October 20, 2015
Court proceedings, Honduran colleges, Honduran education, Kevin Solorzano, National University
General Honduras News

Today the National University of Agriculture opened in Tomala, Lempira. The work cost 13 million lempiras and was done by the ministry of infrastructure and public services (INSEP). The college will have thousands of students from Ocotepeque, Copan, and Lempira. It will generate 400 direct employees, and more 400 indirectly. The inaugration was attended by […]
By Luciano Gonzalez on October 19, 2015
ENEE, Honduran national electrical business, Honduran unemployment
Business - Economics, Editorials - Opinions, General Honduras News, Human Interest

Honduran media has begun reporting on an unusual development out of the National Electrical Energy Business (ENEE). In a move that Union leader Miguel Aguilar is calling “unjust, inhuman, and arbitrary” earlier today leadership of ENEE made the decision to officially announce that 980 employees who had been suspended four months ago were to be […]