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 MoreFor the past 300 years, South Korea and Japan have been engaged in a territorial dispute over the small island of Dokdo. It is about time the ongoing contention comes to an end, for it symbolizes broader tensions and the unresolved history of Japan's occupation of Korea.
Read MoreThe government of Ethiopia recently signed a port deal with the breakaway state of Somaliand, an autonomous state whose sovereignty has yet to be internationally recognized. The port deal has caused backlash from Somalia and may cause larger-scale issues in the Horn of Africa.
Read MoreThe China-brokered agreement between Saudi Arabia and Iran marks a significant shift in relations between the two regional rivals and may pave the way for humanitarian recovery in Yemen, a country devastated by the proxy war between the two nations. The deal involves reopening embassies, respecting state sovereignty, and avoiding interference in foreign affairs.
Read MoreTensions between Serbia and Kosovo remain high as Serbia allegedly violated an agreement reached in November 2022 to stop issuing license plates with Kosovo cities' denominations. The issue represents the larger conflict of Serbia's refusal to recognize Kosovo's independence, which is complicated by the involvement of Russia and the West in the region.
Read MoreA blockade of the Lachin corridor by Azerbaijani protestors has caused a humanitarian crisis for Armenians living in Nagorno-Karabakh. Armenia has brought this issue before the International Court of Justice and is requesting Azerbaijan ensure free movement along the corridor.
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