Report: Fiscal lessons Cuba could learn from Costa Rica
December 2, 2014
WASHINGTON — Cuba, whose halting reforms have failed to energize the island’s stagnant, centralized economy, may have a thing or two to learn from Costa Rica — which over the last 30 years has made enormous strides in slashing poverty, promoting trade and luring foreign direct investment.
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Op-Ed: Myths and truths on Puerto Rico’s current cycle
December 2, 2014
Puerto Rico’s “Great Recession,” as is the case with any complex phenomena, is not without its own myths.
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Business leaders discuss challenges affecting operations
December 1, 2014
More than 25 business leaders gathered to share their strategies in the face of the economic challenges Puerto Rico is experiencing, pointing out four specific issues that jump out under current conditions.
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Trade groups: Transportation shutdown would be chaos
November 26, 2014
Nine local trade organizations representing contractors, mechanics, architects and engineers, among others, raised a collective red flag of concern over the looming possibility of a shutdown of the Puerto Rico Highway and Transportation Authority, saying it would be “chaos” and would leave hundreds of workers on the street during the holiday season.
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PR Community Foundation launches $500K fund
November 24, 2014
The Puerto Rico Community Foundation recently launched the Community Investment Fund to attract public and private investors into an instrument whose purpose is to provide access to capital to nonprofit organizations.
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Op-Ed: On Small Biz Saturday, ‘shop small, dine small’
November 18, 2014
As the voice for our nation’s entrepreneurs, we at the U.S. Small Business Administration (SBA) celebrate small businesses daily.
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Op-Ed: Game changers in Puerto Rico
November 17, 2014
According to the Merriam Webster Dictionary, a game changer is a newly introduced element or factor that changes an existing situation or activity in a significant way.
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Op-Ed: Puerto Rico, the sum of its parts
November 10, 2014
Puerto Rico’s economic situation raises serious questions about the capacity of policymakers to get it under control.
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Urban planner offers tough talk on Cuba’s economic prospects
November 10, 2014
When Miguel Coyula discusses Cuba’s struggling economy, he sounds more like a Miami-based critic of the Castro regime than a retired Cuban official visiting the United States on a lecture tour, then going back home to Havana.
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Analysts debate Puerto Rico debt crisis at Brookings seminar
November 7, 2014
WASHINGTON — More than 100 people crammed into a conference room at one of Washington’s most prestigious think tanks Thursday to hear three experts dissect what exactly caused Puerto Rico’s worsening debt crisis and how to fix it.
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Puerto Rico debt crisis focus of Brookings panel
November 4, 2014
On Nov. 6, the Brookings Institution — one of Washington’s most prestigious think tanks — will delve into the origins of Puerto Rico’s $73 billion debt crisis and what can be done to nurse the island’s ailing economy back to health.
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Puerto Rico to host 96 conventions through Jan.
November 4, 2014
Puerto Rico has been selected to host 96 events including, conferences, annual meetings and sports activities for this winter season. This represents an estimated 40,894 room nights and a total direct spending of $23 million into the local economy, Meet Puerto Rico President Milton Segarra said Monday.
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Op-Ed: Puerto Rico needs a financial control board
October 27, 2014
A renewed slide in investor confidence, on the heels of worsening economic and budgetary trends in Puerto Rico, raises the specter that in the absence of enlightened political leadership in San Juan, the U.S. Congress may soon have to establish a federal oversight board to manage the Commonwealth’s grave fiscal situation.
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Study: Puerto Ricans’ personal wealth down 22%
October 7, 2014
Puerto Rico residents have seen their personal wealth levels drop by a whopping 22 percent between 2009 and 2013, based on the performance of the Puerto Rico Stock Index over that same period of time, according to an analysis of the numbers by private firm H. Calero Consulting.
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Call for researchers a ‘success,’ says Science Trust
October 1, 2014
The recent call by the Puerto Rico Science, Technology and Research Trust, for local researchers to opt for grants in various areas generated “great enthusiasm” among scientists and researchers from the island, to the point that 234 letters of intent received exceeded the projected amount the entity expected to receive by 200 percent.
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