Mon November 25, 2013
Whoever Honduras Elects President Faces Tough Road, Broke Country
Originally published on Mon November 25, 2013 4:05 pm
Hondurans went to the polls this Sunday to elect a new president. The Central American country has a whole host of problems to deal with, including the highest levels of violence in the world and increased drug cartel activity. Most pressing, though, the new leader will inherit a failing economy. Honduras is broke. It just borrowed, for the first time, $500 million on the international bond market, but that wasn't even enough to bail the country out of its devastating financial troubles.