Tag Archives: insolvent

Puerto Rico co-ops unfazed by debt-forgiveness talk, Moody’s downgrade

  http://caribbeanbusiness.com/puerto-rico-co-ops-unmoved-by-debt-forgiveness-talk-moodys-downgrade Puerto Rico co-ops unfazed by debt-forgiveness talk, Moody’s downgrade By Eva Lloréns Vélez on October 16, 2017 SAN JUAN –  Cooperatives Supervision & Insurance Corp. (Cossec by its Spanish acronym) Chairwoman Ivelisse Torres said Puerto Rico credit unions, … Continue reading

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Cossec: Co-ops solvent, but face cash-flow problems

  http://caribbeanbusiness.com/cossec-co-ops-solvent-but-face-cash-flow-problems Cossec: Co-ops solvent, but face cash-flow problems By Eva Lloréns Vélez on August 12, 2017 Editor’s note: The following article originally appeared in the August 10 print edition of Caribbean Business. SAN JUAN — While the Cooperatives Supervision … Continue reading

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Far from NYC parade, Puerto Ricans to vote on island’s fate

http://nypost.com/2017/06/09/far-from-nyc-parade-puerto-ricans-to-vote-on-islands-fate Far from NYC parade, Puerto Ricans to vote on island’s fate By Danika Fears June 9, 2017 | 12:13am Thousands of Puerto Rican revelers clad in red, white and blue will hit the streets of New York City on Sunday … 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 ROBLES MAY 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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Wal-Mart Transfer-Pricing Tax Declared Unconstitutional

It’s common sense that one cannot, for long, spend more than their income.  Doing this for long time periods is destructive and irresponsible.  Our leaders in PR and the USA Federal Government have failed us, we the people.  Discriminatory taxation … Continue reading

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