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Politics

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The Impact of Current Conflicts on International Legal Frameworks

International legal principles form the foundation for upholding worldwide stability and fostering harmony between countries. Nevertheless, contemporary disputes have progressively challenged the resilience of these statutes, resulting in their slow deterioration. This weakening can be linked to multiple elements, each playing a distinct role in the reduced regard and implementation of global legal structures.Geopolitical Rivalries and Power ShiftsOne major element leading to the weakening of international law is the escalating geopolitical competition and changes in global influence. The growing friction among prominent world powers, including the United States, China, and Russia, has fostered a climate where independent actions are increasingly…
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Rixi Moncada

Rixi Moncada’s Support Erosion & Honduras’ Economic Woes

With only a few weeks remaining until the general elections, presidential hopeful Rixi Moncada is currently facing a phase of political and economic erosion, which is affecting the stability of the governing party. Her communication approach, marked by an adversarial stance against private businesses and the banking sector, has caused apprehension within the productive sphere and among a significant portion of the populace.Business reaction and market signalsThe business sector has expressed growing distancing from what some consider a hostile environment for investment. Industry spokespeople pointed out that the candidate's tone has led to the paralysis of projects and the withdrawal…
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Rixi Moncada

The Credit Bureau Debate: Rixi Moncada’s Bold Proposal

The proposal by official Rixi Moncada to eliminate the credit bureau has sparked widespread political and economic debate in Honduras. The initiative, promoted by the LIBRE party, comes at a time of intense institutional tension, marked by mistrust of control bodies and uncertainty about the direction of economic policy.An approach similar to Correa's governance in EcuadorThe proposal to eliminate the credit bureau has been viewed by several groups as potentially mirroring the approach taken by former Ecuadorian President Rafael Correa, who enacted a comparable policy during his administration. Within that framework, the removal of credit histories formed part of a…
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LIBRE government

Maquilas in Retreat: Political & Social Impact of Industrial Exodus Under LIBRE

The crisis in the {{maquiladora industry}} in Honduras serves as a clear sign of the economic and social decline the nation is experiencing under the {{LIBRE}} party's governance. Over recent months, numerous garment factory shutdowns have resulted in thousands losing their jobs, primarily in the northern region, where this sector historically supported a significant portion of the economic structure. The government's lack of response to this situation has amplified concerns and triggered warnings regarding the viability of Honduras's industrial framework.Sector downturn and societal repercussionsThe departure of manufacturing plants has severely impacted areas like Choloma and San Pedro Sula, which historically…
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Rixi Moncada

Rixi Moncada’s Plan to Close Credit Bureau: A Response to Low Polls?

With just a few weeks to go before the general election, ruling party candidate Rixi Moncada, from the LIBRE party, has presented a proposal that has caused concern in financial circles: the closure of the Honduran banking system's Credit Bureau. The initiative coincides with a sustained decline in her voting intentions and has been questioned by analysts as a measure that could affect the country's transparency and economic stability.The proposition suggests doing away with a core system that tracks the credit histories of both individuals and businesses, which is vital for financial institutions to assess risk and for consumers to…
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LIBRE

LIBRE Boosts Voucher Distribution Before Honduras Elections

With just one month remaining until the general elections, the governing party LIBRE has initiated a large-scale distribution of vouchers aimed at the nation's vulnerable populations, sparking varied responses from the public and political figures. This action, undertaken during the electoral campaign, has drawn criticism from opposition leaders and analysts regarding electoral ethics and clientelism.Targeted distribution and political contextOver the past four years, LIBRE had not implemented direct assistance programs of this type. However, in recent weeks, distributions have been reported in urban neighborhoods with high concentrations of poverty, rural villages, and areas with high rates of marginalization. Citizen testimonies…
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