Congressional lawmakers introduce bills to help P.R.
March 15, 2016
Sen. Bob Menendez (D-NJ) announced Monday he will introduce a comprehensive legislative package to provide Puerto Rico a real path to solvency through comprehensive reforms, backed by three other lawmakers.
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CNE to open offices in DC, NY to act on P.R. key issues
March 11, 2016
Looking to build a new “civic infrastructure” for Puerto Rico in the U.S. mainland, a Center for a New Economy will be opening offices in Washington, DC and New York to insert itself in the discussion of fiscal and other issues, the think tank’s President Mike Soto-Class said Thursday.
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Ex-D.C. mayor: Solving PR’s fiscal crisis won’t be enough
February 3, 2016
Former Washington, D.C. Mayor Anthony A. Williams, who steered the nation’s capital from financial ruin to prosperity, told U.S. lawmakers Tuesday that solving the immediate fiscal crisis, while absolutely essential, will not alone be sufficient to bring Puerto Rico back to the position of economic self-sufficiency.
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GDB: P.R. will be $923M in the red by summer
January 19, 2016
Puerto Rico will be $923 million in the hole by summer if it meets all of its upcoming obligations, including debt service payments and payments to suppliers, as the fiscal crisis tightens its grip on the island’s finances.
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P.R. governor announces he will not seek 2nd term
December 15, 2015
Puerto Rico Gov. Alejandro García-Padilla announced Monday he will not seek re-election to his post next year, to “concentrate” on addressing the island’s fiscal problems.
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P.R. lawmaker asks Obama to intervene in fiscal crisis
August 26, 2015
Rep. José Enrique Meléndez, sent a letter to President Obama Tuesday asking his administration to intervene and become more active in their engagement when dealing with Puerto Rico’s economic crisis.
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Cuts loom as gov’t confirms $441M deficit for Fiscal ’16
May 5, 2015
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
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Gov. García-Padilla to ‘take steps’ to navigate fiscal crisis
April 30, 2015
Gov. Alejandro García-Padilla said Thursday the government will take specific steps in coming months to face Puerto Rico’s fiscal crisis, which include no new taxes and no job cutbacks.
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Economist: Puerto Rico has a lot to learn from NYC crisis
June 9, 2014
Puerto Rico is in the throes of one of the most serious economic depressions in the last 40 years of its history as a Commonwealth. However, it is not alone in its experience, which could be compared to the fiscal crisis New York City faced in 1975, when it was on on the verge of defaulting on its obligations.
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Panama’s diplomatic row with Venezuela indicative of growing presence on world stage
April 28, 2014
WASHINGTON — One year after Nicolás Maduro’s election as president of Venezuela — in a voting process the opposition claims was rigged and illegal — the hand-picked successor to the late populist Hugo Chávez faces a country in chaos.
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Op-Ed: The fighting Irish and the fighting Puerto Ricans
March 27, 2014
As we deal with our current crisis, we can easily forget that crises such as ours have happened before and will probably happen again in other societies.
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CPAs to host ‘The challenges of governance’ forum
October 21, 2013
The CPA Society, in collaboration with the Center for Public and Corporate Governance at the University of Turabo, will host "The challenges of governance: proposing solutions to the crisis” forum this Friday, when a group of international speakers will share their views on the subject.
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