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Puerto Rico , Tuesday 23 January 2018

News Puerto Rico » Finance: Puerto Rico will try and privatize its bankrupt power utility

News channel or source: https://www.cnbc.com/2018/01/22/puerto-rico-will-try-and-privatize-its-bankrupt-power-utility.html
Publication date: onday 22 January 2018

"We have long said that a full operational and financial transformation of PREPA — including private investment — is necessary to deliver the resilient, reliable, and cost effective power system that Puerto Rico needs for its economic recovery," a ...

News Puerto Rico » Finance: Puerto Rico to sell off crippled power utility PREPA

News channel or source: https://www.reuters.com/article/us-puertorico-power-prepa/puerto-rico-to-sell-off-crippled-power-utility-prepa-idUSKBN1FB31M
Publication date: onday 22 January 2018

... bankruptcy and all of the island’s financial dealings must go through the federally appointed Financial Oversight and Management Board for Puerto Rico, selling off PREPA’s assets could be a long process. Rossello highlighted how the island’s ...

News Puerto Rico » Finance: Puerto Rico Can’t Afford Another Crisis, It Needs a Moratorium on all Foreclosures

News channel or source: http://www.newsweek.com/puerto-rico-cant-afford-another-crisis-it-needs-moratorium-all-foreclosures-785850
Publication date: onday 22 January 2018

Let’s not forget that prior to recent hurricanes, Puerto Rico was facing another catastrophe: a financial crisis due to a $72 billion debt. It brought along an unprecedented foreclosure crisis that has destabilized families and communities. In June 2017 ...

News Puerto Rico » Finance: Puerto Rico finances under scrutiny amid plea for help

News channel or source: http://beatricedailysun.com/news/world/puerto-rico-finances-under-scrutiny-amid-plea-for-help/article_1c067aae-c5eb-5106-b440-1aa04103e529.html
Publication date: Friday 19 January 2018

SAN JUAN, Puerto Rico (AP) — Top financial officials in Puerto Rico offered a peek Friday into why the U.S. territory is mired in an 11-year recession as a federal control board demanded more transparency and information about the island's finances.

News Puerto Rico » Finance: Puerto Rico Still Suffering Under The Boot Of #Sh**hole Republican Politics

News channel or source: https://cleantechnica.com/2018/01/21/puerto-rico-still-suffering-boot-shhole-republican-politics/
Publication date: Saturday 20 January 2018

Congress passed the Puerto Rico Oversight, Management and Economic Stability act, often known as PROMESA. That legislation created an unelected management board designed to find ways to make sure the island met its financial obligations. The first thing ...

News Puerto Rico » Finance: Puerto Rico’s Seaborne Airlines Being Sold to US Carrier

News channel or source: http://www.caribbean360.com/travel/puerto-ricos-seaborne-airlines-sold-us-carrier
Publication date: Saturday 20 January 2018

The Puerto-Rico based airline has announced that it has signed the ... company’s business has enjoyed a remarkable recovery since the 2017 hurricanes, “the financial stress caused during the recovery period coupled with legacy liabilities have made ...

News Puerto Rico » Finance: Puerto Rico to privatize crippled power utility PREPA — RT US News

News channel or source: http://rinf.com/alt-news/newswire/puerto-rico-to-privatize-crippled-power-utility-prepa-rt-us-news/
Publication date: onday 22 January 2018

“He’s got no energy plan, no financial analysis, if he thinks he’s going to sell it off and the private sector is going to come in and invest, that is a recipe for Puerto Rico being raked over the coals by private interests,” Sanzillo sai

News Puerto Rico » Finance: Looming decision by Trump administration on Puerto Rico has implications for taxpayers

News channel or source: http://thehill.com/blogs/congress-blog/economy-budget/369830-looming-decision-by-trump-administration-on-puerto-rico
Publication date: Friday 19 January 2018

Financial transparency has been severely lacking in Puerto Rico for decades. For years, Senate leadership have repeatedly called for enhanced transparency from Puerto Rico’s government. Sen. Orrin Hatch Orrin Grant Hatch Koch groups: Don't renew ...

News Puerto Rico » Finance: Puerto Rican Police Stage Protest To Demand Fair Pensions, Overtime Pay

News channel or source: http://www.malaysiandigest.com/world/719519-puerto-rican-police-stage-protest-to-demand-fair-pensions-overtime-pay.html
Publication date: onday 22 January 2018

SAN JUAN -- Dozens of Puerto Rico Police Department (PRPD) officers staged a protest on Monday in front of the Financial Oversight and Management Board offices in San Juan to demand decent pensions and the payment of overtime hours. “We can’t take anymore.

News Puerto Rico » Finance: Puerto Rico to privatize bankrupt power utility

News channel or source: http://www.washingtonexaminer.com/puerto-rico-to-privatize-bankrupt-power-utility/article/2646738
Publication date: onday 22 January 2018

“The Puerto Rico Electric Power Authority has become a heavy burden ... as residents migrate to the mainland U.S. to escape the island's financial woes and stagnant economy. Rossello said Monday he hopes a new, privatized system will generate 30 percent ...