Category Archives: economic crisis

Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island

  https://www.nytimes.com/2017/05/06/us/puerto-rico-insolvency-business-owners-anxiety.html Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island By FRANCES ROBLESMAY 6, 2017 Workers at the Río Piedras terminal in San Juan, Puerto Rico, face waning business. Transportation businesses have been hurt by the economic crisis as … Continue reading

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Puerto Rico’s eye-popping economic situation, in charts

https://qz.com/1091341/puerto-ricos-eye-popping-economic-situation-in-charts Puerto Rico’s eye-popping economic situation, in charts By Eshe NelsonSeptember 30, 2017 The catastrophic devastation that Hurricane Maria brought to Puerto Rico has been made worse by the island’s struggling economy and the US government’s poor efforts to help aid … Continue reading

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Lin-Manuel Miranda: Puerto Rico needs “debt forgiveness” to recover

Since Lin-Manuel Miranda believes the debts that Puerto Rico incurred should be forgiven, to not honor the commitment to pay their loans, will Miranda stop charging for all his Hamilton shows or allow  you to “promise” to pay later?  A … Continue reading

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Trump gripes he gets ‘no credit’ for relief efforts in Puerto Rico

https://nypost.com/2018/11/29/trump-gripes-he-gets-no-credit-for-relief-efforts-in-puerto-rico Trump gripes he gets ‘no credit’ for relief efforts in Puerto Rico By Bob Fredericks, Nikki Schwab and Marisa Schultz November 29, 2018 | 1:50pm | Updated AP President Trump says the amount of money the government spent on … Continue reading

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Puerto Rican college student illustrates why the Fiscal Oversight Board is necessary to rein in corruption and mismanagement in PR government

https://yaledailynews.com/blog/2018/11/16/wolpert-gaztambide-integrating-puerto-rico WOLPERT GAZTAMBIDE: Integrating Puerto Rico Christian Wolpert Gaztambide 1:44 am, Nov 16, 2018 Guest Columnist In the wake of Hurricane Maria, various campus organizations have mobilized against Yale’s holdings in mutual funds that hold Puerto Rican bonds. While I … Continue reading

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Puerto Rico’s Democratic entrenchment fuels its own death spiral

Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump By Kevin Jackson – January 19, 2018 Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump The plot thickens in Puerto Rico. The Democrats there believe they … Continue reading

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Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans

Many good ideas in the recommendations. http://caribbeanbusiness.com/oversight-board-gives-puerto-rico-gov-until-feb-12-to-make-changes-to-fiscal-plans Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans By Eva Lloréns Vélez on February 5, 2018 SAN JUAN – Puerto Rico Financial Oversight and Management Board … Continue reading

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