Thursday, June 9, 2011

Honduras's indebted economy

The cost of a coup

The country’s financial woes will last longer than its political ones

 Their makers want support, too

AMONG the unexpected problems caused by a coup in Honduras in 2009 was a reeking shrimp mountain. In the days after the army’s ousting of Manuel Zelaya, the president, a strict curfew stopped traffic circulating after dark. This disrupted the transport of shrimps (Honduras is Latin America’s second-biggest exporter) from the Pacific, where they are caught, to the Caribbean, from where they are exported. Hence the stench.

The shrimp trade is back in business and Mr Zelaya is back in the country, though now in opposition. His return paved the way for Honduras this month to rejoin the Organisation of American States, a regional group that suspended it after the coup.

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