Puerto Rico’s financial system reports 2% asset drop
November 26, 2013
Puerto Rico’s financial system — which comprises local and international commercial banks, cooperatives, mortgage and investment companies, and public banks, among others — reported $147.6 billion in assets during the third quarter of 2013, down about 2 percent from the $151.2 billion on record for the same period in 2012.
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AmEx extends ‘Small Business Saturday’ to Puerto Rico
November 26, 2013
Credit card company American Express will celebrate “Small Business Saturday” for the first time in Puerto Rico on Nov. 30.
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Experts discuss Cuba’s emerging entrepreneurial class
November 26, 2013
Up to 40 percent of Cuba’s labor force is already working in the private sector, making the country a largely middle-class society and discrediting the notion that Fidel and Raúl Castro must die before real economic change can occur on the island.
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