Op-Ed: SBA MaTCH competition ignites workforce development, problem solving
June 21, 2019
The U.S. Small Business Administration kicked off a new Makerspace Training, Collaboration and Hiring (MaTCH) pilot competition to help employers find workers with the skills they need. As the United States reaches historic levels of job creation due to the pro-growth economic policies set by President Trump and his administration, the American job market has […]
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Op-Ed: Hurricane season is here. Are you ready?
June 6, 2019
The 2019 Atlantic hurricane season began June 1. With natural disasters and extreme weather on the rise, it’s critical to be prepared and ready to respond. That’s why Eli Lilly and Company and two disaster relief organizations — Healthcare Ready and Direct Relief — are working to help people prepare for disasters and ensure medicines […]
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Op-Ed: An inclusive census
June 5, 2019
The Constitutions of the United States and Puerto Rico require a decennial census that serves to update the geographical design of the electoral districts that make up the legislative bodies, the so-called electoral apportionment or redistribution. This process aims to make each district represent a similar number of people, to avoid concentrating political power in […]
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Op-Ed: The giant of real estate is awakened in the Convention District
June 4, 2019
The Convention District is … a dynamic real estate development strategy aimed at, and specialized in, groups and conventions. Just six miles from the international airport and surrounded by the captivating magic of Old San Juan, Condado and Miramar, its location is perfect and makes of this compound, a jewel of real estate with exponential […]
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Op-Ed: Rosselló ignores facts, misleads public about PREPA debt deal, IEEFA says
June 3, 2019
Supporters of the Puerto Rico Electric Power Authority’s proposed debt restructuring agreement — including Gov. Ricardo Rosselló and PREPA Executive Director José Ortiz — have recently argued that the rate increase imposed by the agreement will be mitigated by operational savings that will lower electricity rates. The governor’s and PREPA’s public statements about rate decreases […]
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Op-Ed: P.R. governor looks to Wall Street cash to fund re-election bid
May 29, 2019
Campaign contributions from law firms to elected officials who issue bonds and appoint lawyers and underwriters — often known as a “pay to play” system — are poison. (Perhaps the best work on this subject is a seminal speech by Arthur Levitt, former chair of the Securities and Exchange Commission, in 1997.) A campaign fundraiser for Puerto […]
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OpEd: P.R. brands need to think about scale, consumer diversity when expanding to U.S.
May 28, 2019
In recent years, we’ve seen the interest among Puerto Rican brands to expand their sales by exporting their products or expanding operations to Orlando and Central Florida. This makes all the sense in the world. Initial estimates suggested a wave of more than 300,000 Puerto Ricans who had relocated to this region. And, Puerto Ricans […]
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Op-Ed: CNE reviews PREPA’s debt restructuring agreement, 3.0
May 24, 2019
The proposed Restructuring Support Agreement for the Puerto Rico Electric Power Authority is not a good transaction for Puerto Rico. Its terms and conditions are overly generous to creditors; it discourages the transition to distributed renewable generation; it is uncertain whether it provides the debt relief necessary to maintain PREPA as a going concern, while […]
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Op-Ed: How new social media trends can boost your business
May 20, 2019
No one can argue that living in the technology era has made life much easier. Sometimes all our problems are solved simply by opening an app and clicking on a button. Although our relationship with technology is becoming closer and closer, we also see consumers´ desire to establish trust relationships with brands, especially those that […]
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Op-Ed: Small Business Week spotlights local entrepreneurs and small biz
May 8, 2019
During National Small Business Week, May 5-11, the U.S. Small Business Administration will shine a bright spotlight on our nation’s 30 million small businesses. Entrepreneurs will tell their individual stories of pursuing their dreams, embracing the American work ethic and achieving success. The process of entrepreneurship has never been easy; the SBA is privileged to […]
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Op-Ed: Making the Merchant Marine Act of 1920 fair to everyone
May 7, 2019
The Jones Act (Senator Wesley Jones), or the Merchant Marine Act of 1920, was signed into law by President Woodrow Wilson with the intent of having a ready and able merchant marine that could be ready to enter and back up the military in the event of a military conflict. This purpose is still sustained […]
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Op-Ed: End of an ERA, reflections of an economist
May 6, 2019
Puerto Rico Gov. Rafael Hernández-Colón died May 2, 2019 after a long battle against leukemia and surrounded by his loving family. He was 82, same age as that of Gov. Luis Muñoz-Marin when he died several decades ago. Guess they will have a lot to chat about now. Well-deserved honors by the people of Puerto […]
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Op-Ed: What does the Oversight Board’s lawsuit against Commonwealth suppliers mean?
May 3, 2019
As of May 2, 2019, the Financial Oversight and Management Board for Puerto Rico has filed 230 lawsuits against suppliers of goods and services to the Commonwealth of Puerto Rico and the Committee of Unsecured Creditors Under Title III of PROMESA. The Oversight Board has entered into this scenario through a stipulation that allows it […]
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Op-Ed: Now’s the time to redevelop former Corco complex
May 1, 2019
Next week, the U.S. Environmental Protection Agency (EPA) and the Center for Creative Land Recycling (CCLR) will deliver an important recovery message to the island’s municipalities, communities, and nonprofit sector: community revitalization is possible, even on contaminated properties. Across the United States and U.S. territories, an estimated 450,000 to 1 million brownfield sites remain undeveloped […]
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Op-Ed: Building P.R.’s solar energy storage workforce
April 29, 2019
In the immediate aftermath of Hurricane María, an estimated 95% of the Caribbean island was without power or cell service, and more than half of the population did not have access to clean drinking water. Three months later, 45% of the population — more than 1.5 million individuals — were still without electrical service and […]
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