Puerto Rico’s Government Development Bank president resigns
July 17, 2013
Gov. Alejandro García-Padilla’s administration confirmed Tuesday that Puerto Rico Government Development Bank President Javier Ferrer tendered his resignation effective July 19.
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Experts: Puerto Rico’s problems rooted in gov’t inability to change
June 27, 2013
Puerto Rico’s current economic situation is deep-rooted in the government’s inability to understand the gravity of the problem and the outcome of doing the same things over and over again, while expecting different results.
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26 trade groups seek inclusion to solve fiscal problems
June 18, 2013
Representatives from 26 professional organizations from a cross-section of Puerto Rico’s economy, as well as thousands of businesses and workers, on Monday asked Gov. Alejandro García-Padilla and his administration for “transparency” and inclusion in the decision-making process to find solutions to the island’s precarious fiscal situation.
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