Onyx Service & Solutions has informed its Honduran partners and local government officials that it has decided to terminate development of a 22MW solar project on Roatan island.
In this essay, I shall describe some examples of their traditions and contrast them with the American culture as shown in the novel and Honduran culture of which I am most familiar.
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In June 2005, Honduras became the first country in the hemisphere to sign a Millennium Challenge Corporation (MCC) Compact with the U.S. Government. Under the Compact, the U.S. invested $205 million over 5 years to help Honduras improve its road infrastructure, diversify its agriculture, and transport its products to market. In 2013, Honduras received a $15.6 million MCC Threshold Agreement to support Honduran efforts to improve public financial management and create more effective and transparent public-private partnerships.
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Honduras is an ally of the United States, and its population registers some of the highest favorability ratings in the hemisphere toward the United States. Our policy in Honduras is focused on strengthening democratic governance, including the promotion of human rights and the rule of law, enhancing economic prosperity, and improving the long-term security situation in the country. U.S. Government programs are aimed at promoting a healthy and more open economy capable of sustainable growth, improving the business and investment climate, protecting U.S. citizen and corporate rights, and promoting the well-being and security of the Honduran people. The United States works with Honduras to address transnational challenges--including the fight against transnational criminal networks, narcotics trafficking, money laundering, irregular migration, and trafficking in persons--and encourages and supports Honduran efforts to protect the environment. The goals of strengthening democracy and promoting viable economic growth are also intended to encourage Hondurans to avoid leaving their country and are especially important given the country’s geographical proximity to the United States. An estimated 1 million Hondurans reside in the United States, 600,000 of whom are believed to be undocumented; consequently, immigration issues are an important item on the bilateral agenda. With the inclusion of cruise ship visitors primarily visiting the Bay Islands (Roatan), more than 1 million U.S. citizens visited Honduras last year, and approximately 19,000 U.S. citizens presently reside in Honduras.
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HONDURAS: ECONOMIC DEVELOPMENT. This term paper provides an overview and analysis of the Honduran economy, focusing on the current problems and opportunities in Honduran economic development.