P.R. population not displaced by hurricanes for now — It’s the economy, study says
March 21, 2019
People invested in Puerto Rico’s long-term disaster recovery efforts face many obstacles, including — but not limited to — debt, recession, stronger hurricanes, utilities, and sovereignty. All these challenges require robust, independent, and trustworthy socio-economic data to lay the foundation for successful private investment and public policy, according to a paper written by a team […]
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MIDA: Jones Act has ‘devastating effects’ on P.R. economy, with losses of up to $1.5B
February 20, 2019
The cost of transportation of goods between Puerto Rico and the U.S. mainland has a “devastating impact” on the local economy estimated at $1.5 billion in lost activity, according to two independent investigations unveiled today. The study to determine the “real and transparent data” on the effect of cabotage laws in Puerto Rico, was commissioned […]
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Caribbean leaders: ‘We’re still split between Elizabeth and Isabela’
January 31, 2019
Some of the most prominent Caribbean leaders who participated in the Clinton Foundation’s two-day gathering in San Juan Wednesday agreed that the region is grossly divided, “still split between Elizabeth and Isabela.” With that, they supported their arguments that the region needs to come together more cohesively — be them U.S. mainland, French, Dutch or […]
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Rosselló: Transportation issues between P.R-Vieques-Culebra to be resolved by summer
January 21, 2019
Puerto Rico Gov. Ricardo Rosselló sits down with News is my Business to discuss several pressing economic issues, and the government’s proposed resolutions.
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A year-end review of the Top 10 posts published in News is my Business in ’18
December 31, 2018
This year was very active and brought significant changes and growth for News is my Business.
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Economist: Oversight Board’s 8% contraction in Fiscal ’18 incompatible with indicators
December 31, 2018
In a recently released paper, the firm predicted that while growth for the 2018 calendar year will be “0,” prospects for 2019 depend on the amount and rate of federal funds disbursed for the island’s recovery efforts.
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P.R.’s policymakers must focus on China, executing economic plans
November 26, 2018
Although Puerto Rico may be showing signs of growth after Hurricane María’s devastation last year, many of the gains could be the result of comparing them to a “devastatingly poor” third quarter of 2017.
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Financial conference focuses on compliance, risk management, good practices
November 20, 2018
The talks were geared toward strengthening Puerto Rico’s strategy in the global marketplace.
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Analyst: COFINA deal may usher in P.R.’s ‘next default’
October 31, 2018
If the prediction of zero economic growth by 2023 holds true, the deal with COFINA creditors will lead to a new default for Puerto Rico.
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P.R. ‘will have to rebuild many institutions’ to see economic rebound
October 29, 2018
In this episode of Dollar$ and $ense we talk with prominent Economists José Joaquín Villamil and Antonio Fernós about the fate of Puerto Rico's economy and the necessary steps to see a rebound.
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Op-Ed: The unsustainable debt deal that won’t die
October 10, 2018
If the measure of success of a debt settlement is that it offers realistic payouts to bondholders while allowing the debtor the ability to emerge as a going concern, then it’s time to forget about this deal.
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Study: P.R. faces ‘major’ challenges to achieve post-recovery economic growth
September 20, 2018
In its analysis of the “Balance of the Economy Post Hurricane María,” the firm stated that while the economy has rebounded, the expected real growth in Gross National Product will be temporary.
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Scholars: P.R. has chance to pursue sustainable economy through ‘green-growth’ path
September 10, 2018
Under “Austerity vs. Green Growth for Puerto Rico” plan proposed by Amanda Page-Hoongrajok, Shouvik Chakraborty and Robert Pollin, Puerto Rico would the possibility of establishing a viable domestic energy infrastructure.
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Economists propose green energy policy for job, fiscal growth
September 7, 2018
The Puerto Rico Economists Association are promoting an “energetic transition” for the commonwealth based on the findings of a study that concludes doing so will bring fiscal prosperity and job growth.
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P.R.’s economic activity up 0.2% in July; down 0.3% year-over-year
September 4, 2018
Puerto Rico’s Economic Activity Index reached a level of 121.9 in July 2018, representing an increase of 0.2 percent compared to June 2018 and a decrease of 0.3 percent when examined against July 2017.
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