Op-Ed: How to improve process management with adequate resources, tech
September 23, 2019
The issue of information portability resonates, this time highlighting the importance of internal processes in every operation. These are those steps that, when optimized, facilitate workflows, transparency, agility and operational efficiency. The proliferation of smart devices and technologies in the workplace increase customer expectations when it comes to speed and accuracy in the provision of […]
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Op-Ed: Digital transformation and development of smart cities
September 20, 2019
In recent years we have seen in Latin America a rushed process of urbanization, which has brought several challenges for the region. In turn, it has given visibility to the great contrasts that still exist in our countries, being that although much of the population of the region lives in cities, there are still many […]
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Op-Ed: Internet of Things and privacy, another challenge for anti-fraud systems
September 16, 2019
Those who saw “Eagle Eye,” an action thriller with Shia LaBeouf and Michelle Monaghan, must have had flea behind the ear. The 2008 film is about the whole team connected by a chip that can be accessed remotely, not always for the better. It also focuses on how all of our personal information is within […]
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Op-Ed: Financial tips for a minimalistic living
September 9, 2019
It is very likely that you have heard “We must achieve more with less” and, when we talk about staying productive, organized and financially focused, this can be a GREAT challenge in times where technology reigns, and our economy is a vital aspect to consider in our daily lives. It is also very possible that […]
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Op-Ed: Puerto Rico’s choke-hold on Vieques commerce
September 3, 2019
Under the long-term, government enforced embargo, the shipment of goods and vehicles between Vieques and Isla Grande has been so constrained that our community is not economically viable. The extreme restriction of cargo services denies us the ability to live normal lives, start and run businesses, and grow the community as we see fit. What […]
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Op-Ed: P.R. Financial Oversight Board was unconstitutionally appointed
August 30, 2019
By 2016, Puerto Rico’s government was in dire financial straits. To avoid bankruptcy, Congress enacted the Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), creating a board responsible for restructuring the island territory’s substantial public debts. But there are serious questions regarding the constitutionality of this Financial Oversight and Management Board for Puerto Rico […]
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Op-Ed: National Preparedness Month: Be prepared, not scared
August 29, 2019
During National Preparedness Month in September, we encourage everyone to take the necessary actions to prepare themselves, their families and their businesses for potential emergencies. Following the past two years of historic disaster activity, it is more important than ever for all Americans to know their risk and financially prepare for the unexpected. Many people […]
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Op-Ed: Gov. Vázquez needs to scrutinize new natural gas contracts in P.R.
August 29, 2019
Puerto Rico’s new governor, Wanda Vázquez, has been trying to distance herself from the previous Rosselló administration. For example, she recently suspended a $450,000 grid reconstruction contract that was subsequently cancelled by the Puerto Rico Electric Power Authority (PREPA). But hundreds of millions of dollars in natural gas infrastructure contracts continue to move forward unchallenged. […]
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Op-Ed: Island residents face decades of unaffordable rate hikes and fees
August 22, 2019
The Puerto Rican legislature will soon consider a debt restructuring deal for Puerto Rico’s Electric Power Authority (PREPA) that is unaffordable and risks jeopardizing the island’s economic recovery, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, “Puerto Rico Electric Power Authority debt restructuring: A weak […]
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Op-Ed: Banks’ ‘recklessness’ cost insurers $720M
August 21, 2019
Puerto Rico bond insurers this month filed suit against eight well-known investment banks (UBS, Citi, Goldman Sachs, J.P. Morgan Securities, Morgan Stanley, Merrill Lynch, RBC and Santander) for failing to perform proper diligence on Commonwealth bonds worth approximately $11 billion. The train of neglect ran from 2001 to 2015 and included revenue and expenditure falsification […]
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Op-Ed: SBA initiatives support veterans’ entrepreneurial success
August 9, 2019
Every day, tens of thousands of American troops risk their lives and sacrifice time with their families to protect our national security and keep us safe. Through their strength and commitment, they protect our nation, liberties, freedom and way of life. The Defense Department keeps our military members safe while serving; and once our heroes […]
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Op-Ed: Federal government fails Puerto Rico — again!
August 8, 2019
2017 was a terrible year. Some of the largest hurricanes in U.S. history, along with devastating wildfires in California and elsewhere, provided a clear indicator of the ravages we can expect from the climate crisis. Thousands of Americans lost their homes, their belongings, their livelihoods, even their lives. In response, Congress appropriated $587 million to […]
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REAL CHANGE?
August 8, 2019
Did I miss something? Did we not just experience a “revolution” to throw out the governing elite? Didn’t the citizens of Puerto Rico rise up to demand better leaders? Didn’t we say we wanted more transparency? Didn’t we stipulate we must have real accountability? Didn’t we refuse to accept corruption? Apparently not, since we seem […]
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Op-Ed: P.R. crisis — Oversight Board failed to do its job
August 7, 2019
The Puerto Rico Financial Oversight and Management Board has remained fairly quiet during the last several weeks of turmoil and massive demonstrations that have rocked Puerto Rico in protest over the corruption of the [Ricardo] Rosselló administration. On July 23rd, the Board issued a press release stating that, “The people of Puerto Rico deserve a […]
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Op-Ed: Population of Puerto Rico [Handle with care]
August 6, 2019
“I saw the future …. It’s wooooooonderful..there are no [Puerto Ricans]” this is a direct quote found in the leaked chats (#RickyLeaks) between the person who served as governor of Puerto Rico and his closest collaborators. This improper comment caught my attention due to the demography that underlies what this person claimed to have seen. […]
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