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Recent Posts
- Aguadilla, Ponce Airports to Reopen on April 1, 2021
- Plaza – Tu Supermercado, has about 4 grocery store locations in Puerto Rico
- Costco will be opening its 5th Puerto Rico location in Aguadilla in NW PR in the Plaza Noroeste Commercial Center
- Sharyl Attkisson: Where Did The $91 Billion For Hurricane Recovery In Puerto Rico Go?
- 20 Members Of A Violent Gang Charged For Drug Trafficking And Firearms Violations In Santa Isabel, Puerto Rico
- Experts Worry About Puerto Rico’s Rapid Rise in COVID Cases
- Puerto Rico’s Tourism Industry Is Suffering. High Season Is Not Looking Any Better.
- Fee cut to lure cruise lines to lay up ships in Puerto Rico ports
- EPA Region 2 to Provide $1.1 Million Grant to the University of Puerto Rico to Reduce Air Pollution in San Juan, paying to accelerate the destruction of older short-haul trucks, buses
- Transgender woman beaten, stabbed in Puerto Rico, skull fractured, needs reconstructive surgery
- Trump thanks Puerto Rican governor, Wanda Vazquez Garced, for 2020 election endorsement
- Gov. Vázquez suspends order that raised minimum wage in construction. Minimum wage laws do more harm than good
- Puerto Rico Chambers of Commerce oppose potential lockdown amid rise in Covid-19 cases
- Puerto Rican authorities have thousands of fraud cases to process for Pandemic Unemployment Assistance fraud
- Governor Wanda Vazquez endorses Donald Trump for President
- Agents Seize $27 Million In U.S. Currency Inside Boxes Bound For St. Thomas from San Juan Puerto Rico port
- Four Puerto Rican Police Officers Charged With Conspiracy To Commit Robbery.
- Fiscal Board sends Property Tax Recommendations to Puerto Rico government. If PR property taxes go up, real estate values will go down
- Roche to Close Puerto Rico Plant After More Than Four Decades. 200 jobs will be lost
- Border Patrol Seizes $14.8 Million Dollars Worth Of Cocaine, Arrests 4 Illegal Immigrants Near Puerto Rico
- Retail sales plunge 56 percent amid Covid-19 lockdown in April
- Puerto Rico Legislator Nelson Del Valle Colon and Two Capitol Employees Indicted for Theft and Bribery
- Meet 4 Women Pushing Puerto Rico’s Sustainable Farming Movement Forward
- Puerto Rico imposes stricter measures amid coronavirus spike, until at least 9-11-20
- Puerto Rico governor calling for the island to be made a US state LOSES bid to lead her party in chaotic primary election that saw delayed and missing ballots
- FBI arrests seventh defendant in Julia Keleher case, Aníbal Jover Pagés
- Video captures daytime shooting on Martinez Nadal expressway in Guaynabo, 2 dead
- Puerto Ricans, upset at botched primary, demand answers. The Elections Commission failed to print and distribute enough ballots to multiple voting locations
- Puerto Rico governor extends anti-coronavirus measures for 2 weeks, until July 15, 2020
- Pensions must be out of electoral intentions. Politicians shouldn’t using public resources for political purposes.
- With primaries around the corner, Gov. Vázquez faces criminal probe
- Alexandria Ocasio-Cortez aka AOC is a misguided dangerous radical who should be cancelled, not GOYA Foods, because she wants to harm America, promote lawlessness, destroy jobs
- Puerto Rico Governor Seeks Referendum on Pension Payments
- ‘They are killing our nation’: Goya Foods CEO slams boycott of his brand and says protesters are the same people who are tearing down statues of Jesus Christ as he doubles down on Trump support
- Gov. Wanda Vázquez Will Be Investigated by an Independent Special Prosecutor
- Puerto Rico to ban alcohol sales on Sundays amid pandemic
- Puerto Rico announces referendum to protect public pensions
- Puerto Rico Governor Wanda Vázquez, others face formal corruption probe
- ‘Robust’ Prepa, LUMA deal structured to avoid failure of Prasa privatization
- Puerto Rico’s Governor reinstates restrictions on social, recreational activities as Covid-19 cases soar, lockdown orders until 7-31-20
- Treasury provides options to taxpayers with difficulties to file returns, pay on Wednesday deadline
- The Fund dismisses the husband of Tata Charbonier and the wife of the mayor of Cataño. FBI raids home
- Hurricane Maria’s impact on Puerto Rico’s population will last for decades, study shows. PR’s population expected to drop 200,000 by the year 2047
- Secretary of the Department of Health, Lorenzo González, warned Wanda not to do campaign rallies but she provoked him by going to a rally against his advice
- INTERVIEW: 4 questions to #CacerolaGirl
- In solitary confinement about 200 police officers suspected of COVID-19 contagion
- #Cacerolagirl is born in the protests that forced Ricardo Rossello to resign in July 2019
- Puerto Rico governor facing scrutiny after firing government minister, Justice Secretary Dennise Longo Quiñones
- The dismissal of Dennise Longo by Governor Wanda: Friday Night Massacre
- Wanda Vazquez: this time it’s different. Governor Wanda Vazquez Garced could now be considered a suspect in the crime of obstruction of justice.
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Tag Archives: debt
The goal of the Fiscal Oversight Board is a new government culture to root out corruption and cronyism, to create an environment that generates jobs instead of making people dependent on welfare, to practice financial discipline instead of overspending
https://www.elnuevodia.com/english/english/nota/thegoalisanewgovernmentculture-2579499 The goal is a new government culture The chairman of the Oversight Board José Carrión III and also member Carlos García have announced their resignations after the Supreme Court ruled appointments to the Board are constitutional, and just … Continue reading
Posted in analysis and opinion, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government
Tagged bankruptcy, Carlos García, chairman, debt, default, Fiscal Oversight Board, future, José Carrión III, member, oversight board, PROMESA, Puerto Rico, reform, restructuring
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Puerto Rico oversight board chairman, member departing
Mr. Carrion said his chief disappointment is “the lack of commitment and political will to implement structural reforms necessary to propel Puerto Rico’s economy beyond its dependency on federal transfers.” What that means is that Puerto Rican politicians don’t want … Continue reading
Puerto Rico Oversight Board Unveils University Fiscal Plan
https://www.bnnbloomberg.ca/puerto-rico-oversight-board-unveils-university-fiscal-plan-1.1451579 Puerto Rico Oversight Board Unveils University Fiscal Plan Jim Wyss, Bloomberg News 6-16-20 (Bloomberg) — Facing declining enrollment, a bloated pension system and more than $341 million in debt, the University of Puerto Rico needs to cut spending, boost … Continue reading
Posted in Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government
Tagged campus, campuses, debt, enrollment, fiscal plan, FOMB, liabilities, Natalie Jaresko, oversight board, payments, Pell Grants, pension, pension liabilities, Puerto Rico, system, tuition, University of Puerto Rico, UPR
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Puerto Rico’s Political Meltdown with Governor Ricardo Rosselló Announcing his Resignation
Socialism has always failed and will continue to always fail, yet politicians persuade citizens who are ignorant of history as they fall for promises of “free stuff.” https://www.wsj.com/articles/puerto-ricos-political-meltdown-11564010349 Click link for video Puerto Rico’s Political Meltdown The island needs leaders … Continue reading
Posted in Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government
Tagged bankrupt, bankruptcy, chatgate, corrupt, corruption, debt, democrat, Democratic, Democratic Socialism, democrats, Federal Control Board, Fiscal Oversight Board, Governor, kickback, kickbacks, leak, leaked, PROMESA, protests, Puerto Rico, replacement, resign, resignation, Ricardo Rosselló, scandal, scheme, schemes, socialism
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Fiscal Oversight Board: Puerto Rico to see 65% surplus drop amid debt crisis
While unfortunate for those who lose their jobs, Puerto Rico needs to reduce government employees with deep cuts. Additionally, all the money lost to corruption, waste, and mismanagement would save billions more. https://www.dailymail.co.uk/wires/ap/article-8360079/Board-Puerto-Rico-65-surplus-drop-amid-debt-crisis.html Board: Puerto Rico to see 65% surplus … Continue reading
Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says
https://www.bnnbloomberg.ca/covid-19-may-cost-puerto-rico-2-billion-in-taxes-board-says-1.1436312 Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says Jim Wyss, Bloomberg News The Capitol Building is seen past walls in the Old City of San Juan, Puerto Rico. Photographer: Christopher Gregory , Bloomberg (Bloomberg) — … Continue reading
The PREPA debt deal and the future of Puerto Rico creditworthiness. Consequences of not honoring your commitments, not keeping your promises are a damaged reputation, breach of trust
How can the Puerto Rican government be trusted when they don’t honor their commitments? When you declare bankruptcy, stiffing the creditors, the rates you pay on future loans, if you can get one at all, will be much higher. The … Continue reading
Posted in analysis and opinion, corruption, culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business
Tagged bankrupt, bankruptcy, capital markets, creditors, debt, debts, PREPA, Puerto Rico, restructuring, Thomas Rivera Schatz, Wanda Vazquez
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Puerto Rico government continues paying all government workers, even those NOT working while at home. Now PR wants to give them an extra $500 bonus.
Where is the shared sacrifice? There are already too many government workers in Puerto Rico relative to the overall population. It’s easy to give away money that’s not your own. Taken to its logical conclusion, this is a race to … Continue reading
Posted in corruption, culture and cycle of dependency, incompetence and mismanagement, Puerto Rico necessary improvements, Puerto Rico politics and government
Tagged $500, $500 bonus, bankrupt, bonus, corruption, debt, employees, Francisco Rodríguez-Castro, fraud, government, mismanagement, Puerto Rico, waste, William Villafañe, workers
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Integrating Puerto Rico – By Incorporating Best Practices
WOLPERT GAZTAMBIDE: Integrating Puerto Rico WOLPERT GAZTAMBIDE: Integrating Puerto Rico Christian Wolpert Gaztambide1:44 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 … Continue reading
Puerto Rico Newcomer, dedicated to improving PR, helps you live, vacation in Puerto Rico better 