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Votes debacle will add to Puerto Rico's fiscal woes

Location:

PUERTO RICO

Only a few polling stations functioned properly; those that did not will reopen on August 16, so the remaining ballots can be cast. The primaries come amid COVID-19 and following…

US Court term will affect debt and ships

Location:

UNITED STATES

Among the cases the Court will consider in its first two months is one questioning the validity of Puerto Rico’s financial oversight board and another affecting waterborne…

Puerto Rican budget and statehood wrangles will worsen

Location:

PUERTO RICO

Fiscal pressures are causing controversy in Puerto Rico, but so too is fiscal policy-making. On July 5, Governor Ricardo Rossello announced that he would seek a court injunction…

Puerto Rico will enact deep fiscal cuts after default

Location:

PUERTO RICO

The missed payment marks the island’s second default of 2017 after missing payments in January. The federal fiscal control board imposed by the US Congress has given the indebted…

Default signals further slide for Puerto Rico in 2016

Location:

PUERTO RICO

The island's government and public agencies hold 72 billion dollars of debt obligations, but migration to the mainland United States, political unwillingness to cut spending and…

Puerto Rico faces rocky 2019 amid debt and aid needs

Location:

PUERTO RICO

Trump’s commitment to building a US-Mexico border wall means he may try to redirect additional funds from elsewhere for the purpose. Some of these could come from Puerto Rican…

Puerto Rico’s deadlock has ended, but problems persist

Location:

PUERTO RICO

Vazquez did not seek the role, but it fell to her after the August 2 resignation of Ricardo Rossello, followed by the nine-member Puerto Rican Supreme Court’s unanimous ruling…

Hurricane effects amplify Puerto Rico’s deeper trouble

Location:

PUERTO RICO

Politics and economics update for Puerto Rico.