Op-Ed: Expert — P.R. bankruptcy protection ‘overdue’
June 6, 2016
After months of negotiation, U.S. House Republicans introduced a bill that would help Puerto Rico deal with its $69 billion debt that has crippled its economy, setting rules that would allow it to seek bankruptcy protection.
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Op-Ed: Origins of the Puerto Rico fiscal crisis
May 12, 2016
Puerto Rico is facing a severe fiscal crisis. Observers agree that the island’s public entities are unable to repay their debts on time and in full, making default and debt restructuring inevitable.
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Op-Ed: P.R. banking sector fully transformed in 10 years
April 12, 2016
In the past 10 years, the size of the local economy has shrunk by 14 percent, total employment has dropped by 21 percent (more than 250,000 jobs) and the total population has decreased by 9 percent.
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