Honduras makes Próspera illegal: On Friday, the Honduran Supreme Court ruled ZEDEs—special economic zones that are still bound by criminal law but able to create their own civil codes—illegal following President Xiomara Castro's yearslong campaign against them.
"Justice for the Honduran people," wrote Castro following the decision "means not selling off our territory piecemeal or privatizing our sovereignty." That, of course, is not an accurate way of representing what ZEDEs do: They essentially allow new charter cities to be established, and they get to set their own laws and regulations and typically choose to create more business-friendly conditions with less taxation.
