Próspera, Honduras is a Zone for Employment and Economic Development, aimed at attracting investment and helping develop the nation. Since its creation, it has been governed by a U.S.-based company, Honduras Próspera Inc., which has implemented low tax rates, with aims to become a haven for deregulated business. In recent years, the zone has been criticized for undermining the sovereignty of the Honduran state, and the two are locked in a legal battle to determine the constitutionality of these special zones.
Read MoreArgentine President Milei posts to X supporting LIBRA, a new meme coin that had huge amounts of investment following the post and crashed just a few hours later. The implications of such an action might cause impacts as he works to achieve his campaign promises of economic reform for Argentina.
Read More