News Honduras Credit: S&P affirms Honduras credit rating, sees negative outlook on fiscal deterioration expectations
Ratings agency S&P Global on Thursday affirmed Honduras' sovereign credit rating at 'BB-/B' and lowered its outlook to "negative" on the expectation of fiscal deterioration. "The negative outlook reflects our view that there is at least a one in three chance that we will downgrade Honduras in the next six to 18 months, if the fiscal deterioration worsens the sovereign debt burden beyond our expectations," S&P Global said in a statement.
News Honduras Credit: New Honduran Leader Loses Grip on Congress, Sapping Hope for Change
A split in the party of the president-elect, Xiomara Castro, has left her with little political means to fight corruption and organized crime.
News Honduras Credit: Kamala Harris Arrives in Honduras for Inauguration of First Female President
US Vice President Kamala Harris arrived in Honduras on Thursday, January 27, to attend the inauguration of the country’s first female president, Xiomara Castro.Video posted by Harris’s team shows the ...
News Honduras Credit: Honduras' next president to be sworn in amid uncertainty
Xiomara Castro is scheduled to be sworn in Thursday as Honduras' first female president, facing high expectations to turn around the deeply troubled country amid ...