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Latin American Economy & Business - March 2014 (ISSN 1741-7430)

HONDURAS: Following the money

The new government led by by President Juan Orlando Hernández is moving to accompany its tough military security policy with a financial attack on organised crime in the country. On 10 March the national defence and security council (CNDS), which is headed by the president, launched an intervention in the public transport sector, citing the need to stamp out an extortion industry that generates almost US$28m annually.

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