Tag Archives: downgrade

Moody’s: Earthquakes Could Delay Puerto Rico Recovery

Moody’s: Earthquakes Could Delay Puerto Rico Recovery Moody’s: Earthquakes Could Delay Puerto Rico Recovery By José Alvarado Vega on January 16, 2020 (Feisdra on Unsplash) Rating agency says ‘frequency of natural disasters’ could scare away investors SAN JUAN — The … Continue reading

Posted in economic crisis, finance, Hurricane Maria and after effects, Hurricane Maria and aftermath, Puerto Rico earthquakes and aftermath, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Tax Policy Helped Create Puerto Rico’s Fiscal Crisis

https://taxfoundation.org/tax-policy-helped-create-puerto-rico-s-fiscal-crisis Tax Policy Helped Create Puerto Rico’s Fiscal Crisis June 30, 2015 Scott Greenberg   Gavin Ekins Yesterday, the governor of Puerto Rico announced that his government’s $72 billion of debts are not payable, in advance of $1.92 billion in … Continue reading

Posted in culture and cycle of dependency, economic crisis, finance, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico politics and government | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment