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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