Zelaya told business and labor leaders that the measures were needed in order to save energy and encourage production.
Imports of used vehicles and gas-guzzling new ones are to be restricted. Illuminated signs are to be cut off during electricity peaks, only power-saving light bulbs are to be used, and a mass propaganda campaign is to be launched to persuade the population of the need to conserve energy.
In Guatemala a bill has been presented which aims to regulate interest rates charged by banks and other financial institutions in the consumer lending category.
From a statement issued by the Congress of Guatemala:
Ronald Arango, Independent Member of the group Todos, today introduced a legislative Management Initiative Act to Sanction Usury and Regulate Interest Rates for Consumer Loans aimed at protecting Guatemalan citizens from abuse by some financial systems, banks and groups dedicated to giving consumers loans with high interest rates.
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