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Grupo Continental (Honduras)
Grupo Continental is a Honduran conglomeration of businesses founded in 1929 and owned by the Rosenthal family, headed by Jaime Rosenthal. In October 2015 the Grupo was accused of supporting drug trafficking and money laundering. It consists of more than 50 businesses employing more than 25,000 people. *A Bank ( Banco Continental) *Seguros Continental, an Insurance Company *A Civil Engineering Contractor (Con-Delta) *Editorial Honduras, who run El Tiempo * Canal 11, a broadcast TV network *Cablecolor, a cable TV network *A Cement Company (Cementos del Norte) *An crocodile meat and skin export company (Cocodrilos Continental) *A Coffee Export and Cropping Company (Cafe Continental) *A Processing Free trade zone A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to cu ... (ZIP Continenta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honduras
Honduras, officially the Republic of Honduras, is a country in Central America. The republic of Honduras is bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, and to the north by the Gulf of Honduras, a large inlet of the Caribbean Sea. Its capital and largest city is Tegucigalpa. Honduras was home to several important Mesoamerican cultures, most notably the Maya, before the Spanish Colonization in the sixteenth century. The Spanish introduced Catholicism and the now predominant Spanish language, along with numerous customs that have blended with the indigenous culture. Honduras became independent in 1821 and has since been a republic, although it has consistently endured much social strife and political instability, and remains one of the poorest countries in the Western Hemisphere. In 1960, the northern part of what was the Mosquito Coast was transferred from Nicara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaime Rosenthal
Jaime Rolando Rosenthal Oliva (May 5, 1936 – January 12, 2019) was a Honduran politician, and leader of one of Liberal Party of Honduras's (PLH) wings, and was a perennial candidate for President. On March 20, 1974 he founded the Banco Continental. On October 7, 2015, Rosenthal was labeled a "specially designated narcotics trafficker" under the Foreign Narcotics Kingpin Designation Act. Biography His Romanian Jewish father, Yankel Rosenthal, emigrated from Romania to Honduras in 1929. His father married Esther Oliva from El Salvador. Rosenthal held a BS degree in Civil Engineering from the Massachusetts Institute of Technology and an MS degree from the MIT Sloan School of Management. He was one of the Vice Presidents (known as Designados Presidenciales) during the Presidency of José Azcona del Hoyo José Simón Azcona del Hoyo (26 January 1927 – 24 October 2005) was President of Honduras from 27 January 1986 to 27 January 1990 for the Liberal Party of Honduras (PLH) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drug Trafficking
A drug is any chemical substance that causes a change in an organism's physiology or psychology when consumed. Drugs are typically distinguished from food and substances that provide nutritional support. Consumption of drugs can be via insufflation (medicine), inhalation, drug injection, injection, smoking, ingestion, absorption (skin), absorption via a dermal patch, patch on the skin, suppository, or sublingual administration, dissolution under the tongue. In pharmacology, a drug is a chemical substance, typically of known structure, which, when administered to a living organism, produces a biological effect. A pharmaceutical drug, also called a medication or medicine, is a chemical substance used to pharmacotherapy, treat, cure, preventive healthcare, prevent, or medical diagnosis, diagnose a disease or to promote well-being. Traditionally drugs were obtained through extraction from medicinal plants, but more recently also by organic synthesis. Pharmaceutical drugs may be used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Prensa (Honduras)
''La Prensa'' is a Honduran newspaper, founded on October 26, 1964 by Organización Publicitaria, S.A., whose publications also include ''El Heraldo'' and ''Diario Deportivo Diez''. In 2008, La Prensa reported its audited circulation as 61,000 units. It has full color and tabloid-sized pages. Although it is distributed all across the country, it is in the north area of Honduras where its presence is more important. Family business Jorge Canahuati Larach is the president of Organización Publicitaria. His grandfather, the founder of the company, Jorge J. Larach, died in 1985. Canahuati has been a member of the Inter American Press Association Executive Committee.''Venezuelanalysis'', 28 March 2008Deconstructing the IAPA War on Venezuela/ref> Notable people * Ángela Valle Ángela Valle (née Etna María de los Ángeles Valle Cerrato; January 7, 1927 - May 9, 2003) was a Honduran writer, journalist, and essayist. In 1967, she was awarded the first prize "Premio Nacional de Poes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Continental (Honduras)
Banco Continental was a bank in Honduras founded by Jaime Rosenthal on March 20, 1974, and aimed at commercial and agro-industrial banking, including coffee producers. On October 7. 2015, the United States Department of Justice released a statement saying that Rosenthal, his son Yani Rosenthal and nephew Yankel Rosenthal, as well as seven businesses, were labeled "specially designated narcotics traffickers" under the Foreign Narcotics Kingpin Designation Act. This was the first time the designation had been applied against a bank outside the United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori .... As a result, the official Comisión Nacional de Banca y Seguros (CNBS) forcibly liquidated the bank, which remained closed as of Monday, October 12, 2015. External links Official ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Tiempo (Honduras)
''El Tiempo'' is a Honduran daily newspaper owned by Jaime Rosenthal.pressreference.comHONDURAS Press, Media, TV, Radio, Newspapers accessed 24 July 2009 On August 31, 2000, the internet domain ''www.tiempo.hn'' was purchased by Banco Continental with a 15-year right of possession. On July 19, 2019, the site ''www.tiempo.hn'' ranked eighth in Honduras. ''El Tiempo'' had previous published the Honduras Top 50 music chart A record chart, in the music industry, also called a music chart, is a ranking of recorded music according to certain criteria during a given period. Many different criteria are used in worldwide charts, often in combination. These include re ... in the country. Chart rankings were based on radio play and surveyed through radio stations in San Pedro Sula, Tegucigalpa, La Ceiba, Puerto Cortés, Choluteca and Roaton. References External links Official site Newspapers published in Honduras Spanish-language newspapers Mass media in San Pedro Sula< ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canal 11 (Honduras)
Canal 11 is a nationwide television station in Honduras Honduras, officially the Republic of Honduras, is a country in Central America. The republic of Honduras is bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Oce .... It started broadcasting in November 1996 and it is a Grupo Continental company. Slogans * 1996 - 2010 La señal de la nación (The sign of the nation) * 2010 - Present Vive con nosotros (Live with us) External linksOfficial site Television in Honduras Spanish-language television stations Television channels and stations established in 1996 1996 establishments in Honduras {{Honduras-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade Zone
A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re- exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. Definition The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations". Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services. Synonyms Free-trade zones are refer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De Occidente (Honduras)
Banco de Occidente is one of the commercial banks in Honduras. It is headquartered in Santa Rosa de Copan with 170 branches nationwide. History The bank was founded on September 1, 1951 in the city of Santa Rosa de Copan, by Manuel Bueso Pineda and Jorge Bueso Arias and previously authorized by the Executive Branch of Honduras on 30 August 1951 by resolution No. 500 of the Secretariat of Finance and Public Credit. The Bank began operations with an initial capital of 100 thousand lempiras divided into a thousand shares worth one hundred lempiras each, besides incorporating deposits and the Bueso House loan portfolio, which had been functioning as a bank for a long time.Romero. 2009. página 77 In 1970 the bank began to expand, founded an agency in the city of San Pedro Sula, and in 1975 opened the first in the capital Tegucigalpa Tegucigalpa (, , ), formally Tegucigalpa, Municipality of the Central District ( es, Tegucigalpa, Municipio del Distrito Central or ''Tegucigalpa, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
