Month: July 2025

Almost a year has gone by since a video implicated an important person close to the president in drug-related activities, yet the Honduran Attorney General's Office has not delivered tangible outcomes. The lack of response by the Public Ministry concerning a controversy involving those close to President Xiomara Castro has heightened political tension and increased skepticism about the institutions.Prosecutor's office without clear answers in high-profile caseSince September 2024, when a video known as the “narco-video” was released showing Carlos Zelaya, brother of former President Manuel Zelaya and brother-in-law of President Castro, in a meeting with drug traffickers, the Prosecutor's Office…

The pyramid scheme run by Koriun Inversiones has rocked Honduras at a time of institutional decline and political polarization. With more than 35,000 people affected, mainly in working-class areas in the north of the country, the case has not only exposed the fragility of the financial supervision system, but has also presented Xiomara Castro's government with one of the most complex challenges of her term in office.The unsupervised management and downfall of the planFor many years, Koriun Inversiones functioned unlawfully, offering a 20% monthly profit without official registration or oversight by the National Banking and Insurance Commission (CNBS). In spite…

A broad group of social, economic, and religious actors has publicly expressed concern about what they consider a setback in the democratic institutions of Honduras under the administration of the Libertad y Refundación (LIBRE) party. The complaints point to a growing centralization of power, a government agenda that is distant from social priorities, and the use of clientelist practices in public administration.Concerns over centralization of authority and declining democracyBusiness sector leaders, academic professionals, civil society groups, and spiritual figures have reached a consensus that the present administration has limited opportunities for democratic engagement, centralizing crucial decisions within the executive arm.…