In this week's Morazan Monday, I discuss my take on the Honduran Supreme Courts claim that the Honduras' ZEDE (Zone of Economic Development and Employment) law is unconstitutional maybe even with retroactive effect!!

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— Alex Ugorji (@AlexUgorji_) September 25, 2024

Despite the election of a hostile left-wing gov during the ZEDEs' infancy, they still attracted ~$150m in investment and created thousands of jobs!

And this is only a fraction of the $1B+ that was planned had the current gov not been so hostile https://t.co/PHveyUxccX

— Alex Ugorji (@AlexUgorji_) September 25, 2024

We'll have to wait for text of the judicial decision to know for sure, but Honduran people have started speculating…

A common theory is that this ruling was done to distract from the incriminating videos of the president's family discussing illegal deals with narcos 🫰 pic.twitter.com/x4n3mdkdtq

— Alex Ugorji (@AlexUgorji_) September 25, 2024

But the final decision hasn't been released! So there's still time for the court to consider the complexity of the situation.

I hope Hondurans, investors, others will help convey the importance of an orderly transition to the court. The future of Honduras is in their hands! pic.twitter.com/tqfrQRcsqJ

— Alex Ugorji (@AlexUgorji_) September 25, 2024