Honduran businesses have taken a beating since President Manuel Zelaya was ousted in June. One official estimates that GDP will fall 4 percent this year.
Late Thursday, interim Honduras leader Roberto Micheletti announced he would accept a deal that would restore ousted President Zelaya and respect Nov. 29 election date.
The Honduras deal, which calls for national unity government and agreement on Nov. 29 elections, pushes back against the dominant narrative of waning US clout in region.
A US delegation held talks with Honduran leaders Zelaya and Micheletti Wednesday. With the Nov. 29 presidential elections end the crisis?
An aide to ousted President Manuel Zelaya said last night that Zelaya will not return to negotiations with interim President Roberto Micheletti until he offers a 'constructive' proposal.
The Honduras-USA World Cup qualifier - always a tense match - takes on added significance give US backing for recently ousted Honduran President Manuel Zelaya
The Honduran interim government shut down radio and TV stations that support ousted President Manuel Zelaya, but the internet helps them evade the ban.
Interim Honduran leader Roberto Micheletti dramatically dialed back his tough rhetoric on Monday, one day after issuing a draconian decree to curb civil liberties.
A group of powerful Honduran businessmen have floated a compromise plan. Meanwhile, neighbors cope with the presence of ousted Honduran President Zelaya in the Brazilian embassy.
Roberto Micheletti's interim government shut down two media outlets today after it issued a new decree to suspend freedom of speech if it 'disturbs the peace.'
By allowing ousted Honduran President Manuel Zelaya to hole up in its embassy, Brazil has thrust itself into the middle of Latin America's most volatile political crisis.
Ousted President Manuel Zelaya chose to hole up in Brazil's embassy out of concern that his ties to Venezuela's Hugo Chávez would diminish his support in Honduras.
Some say President Manuel Zelaya's surprise return increases the prospects for violence. The interim government has imposed a 15-hour curfew.
Exiled President Zelaya has set up camp on the Nicaraguan border to keep up pressure on interim government.
Costa Rican President Oscar Arias says he is 'determined to have a resolution,' but that it may take some time.
Both ousted President Manuel Zelaya and interim leader Roberto Micheletti sounded uncompromising notes at the start of official dialogue Thursday in San Jose.
Costa Rican President and Nobel Peace Prize winner Oscar Arias will begin leading talks today between ousted Honduran President Manuel Zelaya and the interim government.
President Hugo Chávez, an avowed socialist and critic of the United States, has emerged in the unlikely role as the leading champion of democracy for Honduras.
Young professionals are struck with uncertainty. They want any political transition to be based on democratic principles.
Ousted President Manuel Zelaya flew over Honduras international airport Sunday, but military vehicles blocked a landing. What's next?
Ousted President Manuel Zelaya is set to arrive back in the country Sunday, a move some say could provoke violence.
Unrest has also erupted in Guatemala and Nicaragua in the past year, and the region is dealing with powerful organized crime and drug traffickers.
Secretary General Jose Miguel Insulza arrives Friday. Micheletti, who heads the interim government, has said he would be open to early elections and a referendum.