Wave of Job losses Hits Honduras

A wave of job losses has swept the country. The Honduran Work Ministry has been swamped with people who’s companies have fired them because they cannot pay the new minimum wage one sidedly authorized by the Honduran president Jose Manuel Zelaya Rosales. Many of the people there are carrying official notifications from their companies, that due to […]
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Unclear Electric Price Reduction Announced

The Honduran government, through the National Electric Company (ENEE) announced yesterday a reduction in the costs of electricity, but it is unclear whether it is a real reduction or just a play with numbers. The current electric bill has a consumption tariff and also a line called fuel price adjustment. The announcement stated that the fuel […]
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