Puerto Rico has made a positive movement back up the ranks of this year’s World Economic Forum's Global Competitiveness Report, by placing 35th among 142 countries. The ranking represents an improvement from last year, when Puerto Rico had fallen to the 41st spot on the list.
Housing and banking industry executives who have been working with local and federal government agencies to develop an all-encompassing plan to stimulate activity in a sector that has been battered by the economy will present their proposals and strategies during the 19th Housing Congress taking place Thursday.
While the month of August saw a 4 percent drop in the number of bankruptcy cases filed, the U.S. Bankruptcy Court in Puerto Rico received a whopping 245 petitions during the last day of the month, local research firm Boletín de Puerto Rico reported Friday.
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