Tag Archives: recession

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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Pharmaceutical industry: Eyes on Puerto Rico – To reduce overdependence on China for drug supply, increase production in PR with tax incentives

  https://www.elnuevodia.com/english/english/nota/pharmaceuticalindustryeyesonpuertorico-2551776 Pharmaceutical industry: Eyes on Puerto Rico Discussion on new incentives to increase the production of pharmaceuticals on the island after the crisis in China revives Tuesday, March 10, 2020 – 9:04 AM By José A. Delgado The federal … Continue reading

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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

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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 Rico to Vote Sunday on Statehood 6-9-17 WSJ.com

https://www.wsj.com/articles/puerto-rico-to-vote-sunday-on-statehood-1497026520 Puerto Rico to Vote Sunday on Statehood Nonbinding election comes as U.S. territory fights creditors after declaring what amounts to the country’s largest-ever municipal bankruptcy By Arian Campo-Flores June 9, 2017 12:42 p.m. ET 133 COMMENTS Voters in Puerto … Continue reading

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Puerto Rico’s bankruptcy leaves US island facing hard times

https://www.yahoo.com/news/puerto-ricos-bankruptcy-leaves-us-island-facing-hard-020039188.html Puerto Rico’s bankruptcy leaves US island facing hard times Elodie CUZIN AFPJune 6, 2017 View photos People walk past murals protesting the state of the economy in San Juan, Puerto Rico, as the former Spanish colony of 3.5 million, … Continue reading

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Puerto Rico’s housing market sluggish – leading economic indicators, statistics on turnaround

http://www.globalpropertyguide.com/Caribbean/Puerto-Rico/Price-History Puerto Rico’s housing market sluggish Puerto Rico has suffered an enormous economic crisis in the past five years.  There’s been high unemployment, massive emigration, and a near-catastrophic national debt crisis and credit rating downgrades The crisis has brought many … Continue reading

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