Tax experts debate PROMESA’s ‘promise’ at D.C. panel
September 28, 2016
WASHINGTON — Half a dozen tax attorneys and D.C. policy wonks bickered Tuesday over how to bring Puerto Rico out of its perennial economic crisis in the context of PROMESA, the Puerto Rico Oversight, Management and Economic Stability Act.
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Economy strangling P.R. nonprofits, United Way says
September 26, 2016
In Puerto Rico’s embattled economy, everyone is at risk. Nonprofit organizations are no exception.
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Op-Ed: What we can do for ourselves to boost economy?
September 20, 2016
Everybody is “waiting” for the Fiscal Control Board in hopes that it will “give” us something. It remains to be seen which programs they would implement, etc. But why can’t we do something for ourselves?
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CPAs submit ideas to boost 4 key economic areas in PR
September 8, 2016
The Puerto Rico CPA Society submitted a set of suggestions to the Congressional Task Force in Washington to boost four key economic areas in Puerto Rico: Education, health, energy, and fiscal matters.
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Builders Assoc. proposes vision for econ. development
August 26, 2016
The Puerto Rico Builders Association unveiled Thursday its proposal for economic development that focuses on strengthening private enterprise as an axis of local production and empowering the third sector to develop communities.
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Economist to discuss P.R.’s ‘economy of uncertainty’
July 26, 2016
Seeking to contribute to the discussion and the search for solutions to the problems the island is facing, the College of Architects and Landscape Architects of Puerto Rico will host a lecture entitled "Puerto Rico before the economy of uncertainty," by economist Francisco Catalá
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Greece: An example for P.R. to follow rather than fear?
July 22, 2016
WASHINGTON — In the past 12 months, it’s become fashionable to equate Puerto Rico’s fiscal meltdown with the recent Greek tragedy in which a proud nation of 11 million inhabitants nearly got kicked out of the 28-member European Union.
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Op-Ed: Puerto Rico must once again show its true colors
July 13, 2016
During the last few years we have all been at times crushed by that uneasy feeling caused by this extended recession, and more recently by the passage of the Puerto Rico Oversight, Management, and Economic Stability Act ("PROMESA") of 2016, both of which continue to hover over our daily life as an unwelcome guest that has prolonged its visit longer than expected, refusing to leave.
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Departing Barbados diplomat lists Caribbean concerns
June 30, 2016
WASHINGTON — Ambassador John Beale of Barbados, who steps down today as his island’s top diplomat here after six and a half years in Washington, recently answered some tough questions — ranging from the long-term impact of improving U.S.-Cuba relations on regional tourism to whether Caribbean islands are doing enough to fight international tax evasion.
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Economists: Several aspects of PROMESA illegal, harmful
June 27, 2016
Members of the Puerto Rico Economists Association believe there are several aspects of the Puerto Rico Oversight, Management, and Economic Stability Act that are unconstitutional, saying the disruption they could bring to the island are “incalculable.”
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P.R. tourism leaders agree on need for industry stats
June 6, 2016
More than a handful of local tourism leaders gathered for a panel discussion hosted by the Foundation for Puerto Rico concurred there is a need for a multi-sector tourism statistics database to be able to gauge the visitor economy and its economic impact.
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USDA announces measures to lift Puerto Rico economy
June 3, 2016
Agriculture Secretary Tom Vilsack announced Thursday several measures to strengthen rural opportunity in Puerto Rico, including designating the Eastern Region as a federal “Promise Zone.”
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Jamaican officials visit D.C. looking for investors
May 16, 2016
WASHINGTON — Jamaican Prime Minister Andrew Holness, who took office only two months ago, visited Washington last week along with his top economic aide to pitch the Caribbean island nation as an ideal destination for U.S. investment.
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CNE stresses ‘sense of urgency’ for Congressional action
April 29, 2016
Center for a New Economy representatives on Thursday stressed the urgency for Congressional action, but cautioned that any bill approved in Washington must provide Puerto Rico with a debt restructuring mechanism “that will actually work.”
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P.R.’s agriculture sector bright spot in local economy
April 4, 2016
Mired in recession and awaiting a fix for its huge debt crisis, Puerto Rico has one bright spot in the local economy: Agriculture.
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