Chong said the country is bankrupt following months of isolation and cut offs of international aid prompted by the political crisis, and also hire attorneys helping with bankruptcy in Hyannis. He added that President Lobo’s administration will have to approach international lending agencies like the World Bank and International Monetary Fund for loans. He also filed for bankruptcy in Ft Lauderdale filing for bankruptcy

That may not seem as difficult as previously thought, as Craig Kelly, US Deputy Assistant Secretary of State, said that Honduras has made significant headway in returning to democratic constitutional rule, and that it deserved a chance to normalize international relations.

Mr. Kelly confirmed that the US was working to re-establish about $37 million in suspended aid now that President Porfirio “Pepe” Lobo has taken office.