Angelica Iriarte, Author at 026 magazine

How the Koriun case intensifies the crisis of confidence in Xiomara Castro’s government

05

Jul

Politics

How the Koriun case intensifies the crisis of confidence in Xiomara Castro’s government

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…

Criticism mounts against the LIBRE government over power concentration and institutional decline

05

Jul

By Angelica Iriarte

Politics

Criticism mounts against the LIBRE government over power concentration and institutional decline

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.…

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05

Jul

By Angelica Iriarte

International

What sparked global criticism of the Neom project’s labor conditions?

The Neom project, a landmark venture led by Saudi Arabia, has garnered worldwide interest because of its ambitious plans to develop a cutting-edge and eco-friendly cityscape. Concurrently, it has drawn extensive criticism regarding worker treatment, sparking discussions and ethical dilemmas among human rights groups, authorities, and society. To comprehend the basis of this criticism, a thorough exploration of multiple aspects is necessary to showcase the socio-economic and moral aspects of the project's workforce policies.Historical Context and VisionNeom, a proposed mega city situated in the Tabuk Province in the northwest of Saudi Arabia, was introduced in 2017 by Crown Prince Mohammed…

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05

Jul

By Angelica Iriarte

Economy

Stagflation: What you need to know

What is Stagflation?Stagflation is a multifaceted economic issue that occurs when stagnation and inflation happen at the same time within a country's economy. This contradictory scenario poses a major dilemma for decision-makers, as it merges the detrimental effects of inflation, which reduces buying power, with those of stagnation, marked by slow economic development and elevated joblessness.The Origins and History of StagflationThe expression "stagflation" was first introduced in the 1960s, but its most significant occurrence took place during the oil crisis of the 1970s. During this era, several advanced economies faced rapidly increasing inflation paired with sluggish growth and higher unemployment…

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05

Jul

By Angelica Iriarte

Crime

The psychology of a serial killer

Understanding the Complex Nature of a Serial KillerThe phrase "serial killer" frequently brings to mind scenes from films and crime documentaries, but what exactly characterizes a serial killer? Essentially, a serial killer is someone who carries out multiple murders, usually lacking a clear motive and generally exhibiting a consistent, recognizable behavioral pattern. Although details may differ among cases, there are common guidelines and psychological elements that aid in comprehending this phenomenon.Defining Characteristics of Serial KillersA serial killer is typically characterized by the unlawful killing of two or more individuals by the same offender(s), typically over a period. The Federal Bureau…

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05

Jul

By Angelica Iriarte

Corruption

The Transantiago scandal in Chile: An in-depth look

The Transantiago Scandal: Unveiling the Public Transportation Crisis in ChileThe Transantiago controversy, which emerged in Chile during the late 2000s, represents an important episode in the nation's public transport history. This thorough summary presents detailed examples and information, offering a complete insight into the scandal and its complex consequences.Overview of TransantiagoIn 2007, the Chilean government initiated an ambitious project for public transportation called Transantiago. The aim was to transform Santiago's bus service by merging buses with the metro system to create a unified, efficient network. Unfortunately, this effort rapidly descended into disorder, leading to broad public discontent and significant political…