FOMB reaches agreement on Central Government Debt The Financial Oversight and Management Board (FOMB) reached an agreement with the Legitimate Debt Coalition (CDL, in Spanish), and with owners of General Obligation (GO) bonds, to reduce the public debt by […]
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Admiral Peter Brown to be named Federal Affairs Coordinator for Puerto Rico After months of discussion among federal officials regarding the need for additional oversight in Puerto Rico before the Island received emergency funds, Admiral Peter Brown has now […]
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Puerto Rico Seismic Network: Tremors continue, but at a reduced strength Víctor Huérfano, Director of the Puerto Rico Seismic Network, says that the seismic activity that has battered Puerto Rico since December and resulted in […]
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Puerto Rico experiences more than a dozen tremors over the past week Puerto Rico has experienced dozens of tremors in the past week, some of considerable severity. The strongest of these, measuring 6.4 in magnitude, took […]
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Earthquakes Rock Southern Region of the Island A series of ten earthquakes, the strongest of which measured 5.8 on the Richter Scale, were felt across the south of the Island Monday morning. In addition to causing […]
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Governor Vázquez Praises a Bipartisan Agreement Increasing Federal Contributions to Medicaid On Saturday, Governor Wanda Vázquez praised a bipartisan agreement that would increase federal contributions to Puerto Rico’s Medicaid program from 55% to 76% over […]
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FEMA Assigns $18.5 million for Hurricane Recovery ProjectsApproximately $18.5 million in additional FEMA funds have been assigned to Puerto Rico to be used in 115 recovery and reconstruction projects. Of these, some $6 million are aimed […]
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Puerto Rico Infrastructure Given a Near-failing GradeIn its first evaluation of the Island’s bridges, roads, energy generation, and other elements, the American Society of Civil Engineers gave Puerto Rico’s infrastructure a grade of D- on […]
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Census Bureau: Puerto Rican Salaries are Far Below those of the Poorest State Puerto Rico is currently the U.S. jurisdiction with the highest level of social inequality. The median salary for a full-time worker in […]
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Second session of Congressional hearings Today, Wednesday, October 30, 2019 at 2:00 P.M., in Room 1324 of the Longworth House Office Building, the Committee on Natural Resources will hold a two-panel legislative hearing on a […]