Help


[permalink] [id link]
+
Page "Economy of Honduras" ¶ 33
from Wikipedia
Edit
Promote Demote Fragment Fix

Some Related Sentences

Honduran and government
This Nicaragua-assisted invasion by Honduran exiles strongly displeased the United States government, which concluded that Zelaya wanted to dominate the entire Central American region, and the government dispatched marines to Puerto Cortes to protect the banana trade ; US naval units were also sent to Honduras and were able to successfully defend Bonilla's last defense position at Amapala in the Gulfo de Fonseca.
By the end of 1909, an agreement had been reached providing for a reduction in the debt and the issuance of new 5 percent bonds: the bankers would control the Honduran railroad, and the United States government would guarantee continued Honduran independence and would take control of customer revenue.
In response, a United States warship was dispatched to the area, and the Honduran government began arresting leaders.
In 1913, United Fruit established the Tela Railroad Company and shortly thereafter a similar subsidiary, the Trujillo Railroad Company ; these two railroads managed the concessions which the Honduran government granted them.
From 1919 to 1924, the Honduran government expended US $ 7. 2 million beyond the amount covered by the regular budgets for military operations.
On the international front, the Honduran government, after years of negotiations, finally concluded an agreement with the British bondholders to liquidate most of the immense national debt.
These " golden " exports were supported by more than US $ 40 million of specialized banana company investment in the Honduran infrastructure and were safeguarded by United States pressure on the national government when the companies felt threatened.
Throughout the 1980s, the Honduran government was heavily financed by foreign assistance.
The small Honduran shops, most of which had manufactured clothing or food products for the domestic market, traditionally received little support in the form of credit from the government or the private sector and were more like artisans than conventional manufacturers.
The Honduran government and two banana companies — Chiquita Brands International and Dole Food Company — owned approximately 60 percent of Honduras's cultivable land in 1993.
The Honduran government nominally began to address inequitable land ownership in the early 1960s.
Despite declarations by the Callejas government in 1989 of its intent to increasingly address social issues, including land tenure and other needs of small farmers, the early 1990s were jolted by increased conflicts between peasants and the Honduran security forces.
The government also pledged to return to peasants land that had been confiscated by the Honduran military in 1983.
With encouragement from the United States Agency for International Development ( AID ), the Honduran government began to decentralize Cohdefor beginning in 1985.
Following the 2009 ouster of the president, the Honduran military together with other government security forces were allegedly responsible for thousands of allegedly arbitrary detentions and for several forced disappearances and extrajudicial executions of opponents to the de facto government, including members of the Democratic Unification Party.
Fully enforced by 1967, this law gave the central government and municipalities much land occupied illegally by Salvadoran immigrants and redistributed this land to native-born Honduran peoples as specified by the Land Reform Law.
The Honduran government called the OAS attention, fearing that the nearing Salvadoran Army would invade the capital Tegucigalpa, the OAS met in an urgent session and called for an immediate cease-fire and a withdrawal of El Salvador's forces from Honduras.
On that date, Honduras guaranteed Salvadoran President Fidel Sanchez Hernandez that the Honduran government would provide adequate safety for the Salvadorans still living in Honduras.
The Conservative government in Honduras gave military backing to a group of Guatemalan Conservatives wishing to take back the government, so Barrios declared war on the Honduran government.

Honduran and IMF
Flores inaugurated International Monetary Fund ( IMF ) programs of reform and modernization of the Honduran Government and economy, with emphasis on maintaining the country's fiscal health and improving international competitiveness.
Honduran president Rafael Leonardo Callejas Romero, elected in November 1989, enjoyed little success in the early part of his administration as he attempted to adhere to a standard economic austerity package prescribed by the International Monetary Fund ( IMF ) and the World Bank.
The Honduran government's medium-term economic objectives, as dictated by the IMF, were to have generated real GDP growth of 3. 5 percent by 1992 and 4 percent by 1993.

Honduran and had
Zelaya now supported liberal Honduran exiles in Nicaragua in their efforts to topple Bonilla, who had established himself as a dictator.
Because conflicts between these companies had frequently led to support for rival groups in Honduran politics, had produced a border controversy with Guatemala, and may have even contributed to revolutionary disturbances, this merger seemed to promise greater domestic tranquility.
Relations were particularly close with Ubico, who helped Carías reorganize his secret police and also captured and shot the leader of a Honduran uprising who had made the mistake of crossing into Guatemalan territory.
Honduran sugar, timber, and tobacco also were exported, and by 1960 bananas had declined to a more modest share ( 45 percent ) of total exports.
In 1993 Honduras had three major labor confederations: the Confederation of Honduran Workers ( Confederación de Trabajadores de Honduras — CTH ), claiming a membership of about 160, 000 workers ; the General Workers Central ( Central General de Trabajadores — CGT ), claiming to represent 120, 000 members ; and the Unitary Confederation of Honduran Workers ( Confederación Unitaria de Trabajadores de Honduras — CUTH ), a new confederation formed in May 1992, with an estimated membership of about 30, 000.
In the early 1990s, the confederation had three major components: the 45, 000-member Federation of Unions of National Workers of Honduras ( Federación Sindical de Trabajadores Nacionales de Honduras — Fesitranh ); the 22, 000 member Central Federation of Honduran Free Trade Unions ( Federación Central de Sindicatos Libres de Honduras ); and the 2, 200-member Federation of National Maritime Unions of Honduras ( Federación de Sindicales Marítimas Nacionales de Honduras ).
In addition, by 1987 about 750, 000 hectares of Honduran land had been seriously eroded as a result of misuse by cattle ranchers and slash-and-burn squatters who planted unsuitable food crops.
Furthermore, violence erupted as discharged members of the Honduran military forcibly tried to claim land that had already been awarded to the peasant organization Anach in 1976.
The outlook for the sugar industry, which had boomed during the 1980s when Honduran producers were allowed to fill Nicaragua's sugar quota to the United States, seemed bleak in 1993.
The World Bank estimates that only about 36 percent of the Honduran population had access to electricity ( 20 percent of the rural population ) in 1987.
According to a statement in July 2009 by a legal counsel of the Honduras military, Colonel Herberth Bayardo Inestroza, the Honduran military was opposed to President Manuel Zelaya, whom the military had removed from Honduras a few days earlier, because of his left-wing politics.
Initially, rapid progress was made by the Salvadorian army, by the evening of 15 July, the Honduran army had been pushed back over eight kilometers.
The money for the missing troops had been collected by an apparently corrupt Honduran Army officer.
It also had the fourteenth highest percentage of Peruvians, at 2. 48 % of all residents ( tied with Glen Cove, New York ,) while Biscayne Park's Honduran community had the twenty-sixth highest percentage of residents, which was at 1. 38 % of the population.
The Honduran constitution mandated that the head of Congress, Roberto Micheletti, who was next in the Presidential line of succession, becomes the provisional head of state since Vice President Elvin Ernesto Santos had resigned in December 2008 to run for President.
Later in the 1960s he was sent to prison twice by General Oswaldo López, who had taken over the Honduran government through the use of military force.
A study of American policy has noted that " the United States had a great deal to do with the preservation of Honduran stability.

Honduran and set
Honduran governments have set minimum wages since 1974, but enforcement has generally been lax.
On December 14, 1856 as Granada was surrounded by 4, 000 Honduran, Salvadoran and Guatemalan troops, Charles Frederick Henningsen, one of Walker's generals, ordered his men to set the city ablaze before escaping and fighting their way to Lake Nicaragua.
He presided over a liberal reformist government, opened the Honduran economy to local and foreign investment and managed steady growth during the last three years of his presidency, although during the fourth year fiscal indiscipline led to a new set of economic measures being imposed by the following government.
When the US Drug Enforcement Administration set up its first office in Tegucigalpa in 1981, its resident agent " rapidly came to the accurate conclusion that the entire Honduran government was deeply involved in the drug trade.
The stadium is set to host an international friendly match between Major League Soccer's Chicago Fire S. C. and Honduran side Real C. D.

0.539 seconds.