Puerto Rico’s economy may be showing signs that it is finally emerging from the recession it has been under for the past five years, but conditions still remain difficult for many as the island pulls out of its slump, Federal Reserve Bank of New York President William Dudley said Friday in a presentation during the E-3 Summit of the Americas conference in San Juan.
First BanCorp on Friday informed the Securities and Exchange Commission that it will not be able to file its annual report for the year ended Dec. 31, 2010 on time, “without unreasonable effort and expense,” as it has not finished preparing the documents for that filing period.
This weekend, the eyes of the culinary world will be on Puerto Rico, with the start of Saborea Puerto Rico: A culinary extravaganza! For the fourth edition of the event, 55 local and international chefs as well as 60 local restaurants will gather on the beachfront Punta del Escambrón, in San Juan, to enjoy a weekend of food, drink and cooking exhibits.
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