“The Honduran Supreme Court has ruled unconstitutional a project to build privately-run cities, with their own police and tax system. The ‘model cities’ project was backed by President Porfirio Lobo, who said it would attract foreign investment and create jobs. By 13 votes to one, Supreme Court judges decided that the proposal violated the principle of sovereignty. An American company was expected to invest US$15m in the initial phase of construction of the first city, on the Caribbean coast. The inspiration for his ‘model cities’ were Singapore, Macao and Hong Kong, President Lobo said.”
http://www.bbc.co.uk/news/world-latin-america-19999536
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
As Congress fights over budget, federal agencies go on shopping sprees
Foreign Money Is Pouring Into U.S. Real Estate, and It's Not Just Houses
North Korea Is Newest Frontier for a Daredevil Investor
Ousted Egyptian President Mohammed Morsi sentenced to death
Egypt’s wheat problem: how Morsi jeopardized the bread supply
A ‘White Racism’ class just started at a Florida university
Act Signed By Obama Restricting Westboro Military Funeral Protests
Fukushima appears to be leaking highly radioactive wastewater into ocean
Tech Renegade: From Print-at-Home Guns to Untraceable Currency
German police sue American woman for slander for calling them 'Nazis'
Europeans Rapidly Losing Faith in EU Project
Federal judge blocks indefinite detention law
Spain fights to lose status as drug gateway to Europe
Construction and Real Estate Hinder China’s Growth
Mysterious Louisiana Sinkhole Raises Concerns of Explosions and Radiation