Tag Archives: austerity

How Puerto Rico got into its current financial mess

https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM   A man drinks a beer in a local bar as he watches Puerto Rico’s governor Alejandro … Continue reading

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Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for the year 2020

https://newsismybusiness.com/analysis-19s-lack-of-progress-in-getting-p-r-s-economy-back-on-track-is-bad-omen Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for ’20 January 2, 202001620 The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in … Continue reading

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Puerto Rico’s Next Big Crisis Is Water Quality, Water Shortages

  https://www.huffpost.com/entry/puerto-rico-water_n_5dd2e6e9e4b0d2e79f917f43?fbclid=IwAR2d6q3tYyJ6zS5Szewfbsz8r7VtDJOEJcRUFFSWw2_f9vaCbl7V0OUfV_c Puerto Rico’s Next Big Crisis Is Water Lax regulation, austerity and climate change are setting the stage for another catastrophe. By Alexander C. Kaufman 11/23/2019 08:00 am ET Updated Nov 23, 2019 SALINAS, Puerto Rico ― It was … Continue reading

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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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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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Exodus from Puerto Rico grows as island struggles to rebound from Hurricane Maria

https://www.washingtonpost.com/national/exodus-from-puerto-rico-grows-as-island-struggles-to-rebound-from-hurricane-maria/2018/03/06/b2fcb996-16c3-11e8-92c9-376b4fe57ff7_story.html Exodus from Puerto Rico grows as island struggles to rebound from Hurricane Maria by Arelis R. Hernández by Arelis R. Hernández Email the author National March 6 Email the author A neighborhood in Cayey, Puerto Rico, remains without power … Continue reading

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Puerto Ricans face foreclosure wave as moratoriums expire

  https://apnews.com/0783e466dd1141aa879d5279b117e73c/Puerto-Rico-awaits-foreclosure-wave-as-moratoriums-expire Puerto Ricans face foreclosure wave as moratoriums expire SAN JUAN, Puerto Rico (AP) — Aylsa Torres sighed in relief when she received a letter from her bank two weeks after Hurricane Maria hit. She was among the hundreds … Continue reading

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