Puerto Rico’s bankruptcy levels continued their seemingly unstoppable upward trend in March, when the total number of cases filed, 1,103, were 3 percent higher than the number on record for the same month in 2010.
Puerto Rican consumers appear to be shifting toward eating out more than going to the grocery store, according to the results of a study commissioned by the Food Marketing Industry and Distribution Chamber released Wednesday that indicates a 12.1 percent drop in how much they spent last year on unprepared food.
The proposed transaction has yet to be submitted to the Federal Communications Commission for consideration, and the agency’s chief economist, Jonathan Baker, is already raising concerns about the deal’s potential increase on wireless prices.
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