Partnership focused on long-term recovery efforts in Puerto Rico following hurricanes Irma and María in 2017. #NewsismyBusiness
The Fed compared banks based in Puerto Rico with a control group of U.S. banks on the mainland to better understand how extreme weather disasters affect bank stability and their ability to lend. #NewsismyBusiness
Island officials discuss challenges and plans to double the workforce. #NewsismyBusiness
Agricultural economy shows resilience and shifts in production following devastation by hurricanes Irma and Maria. #NewsismyBusiness
MCS Foundation announced a collaboration with Centro de Orientación y Acción Social, Inc. (COASI) and its Manos de Amor program, to provide several older adults with the furniture and appliances they still need, almost a year after Hurricanes Irma and María.
MCS Foundation has taken an active role in the reconstruction of Puerto Rico by joining forces with PathStone.
More than $870 million in federal funds has been provided to Puerto Rico survivors of Hurricanes Irma and María, the Federal Emergency Management Agency said.
More than half, or 57 percent of Puerto Rico’s bank branches islandwide are offering services, Puerto Rico Bankers Association Executive VP Zoimé Álvarez-Rubio said.
In response to the severe and extensive damage caused by Hurricanes Harvey, Irma and María, the Federal Home Loan Bank of New York ("FHLBNY") has made $1 billion in disaster relief funding available to its members to help rebuild communities in FEMA-designated disaster areas in Puerto Rico, the U.S. Virgin Islands, Florida, Texas and the Southeast.
Despite experiencing some $600 million in damages in the wake of Hurricane Irma’s passage through the Caribbean last week, Puerto Rico was less affected than the rest of the region and has assumed the role of “safe haven” for those who experienced the storm’s harshest forces in the Lesser Antilles.
President Donald J. Trump will travel to Puerto Rico at a-yet-to-be-specified date to assist with the territory's recovery after the passage of Hurricane Irma, Gov. Ricardo Rosselló said Thursday.
Puerto Rico's private-sector community continued Thursday to display an outpouring of support for the victims of Hurricane Irma, launching efforts to help rebuild.
Santander U.S. announced it has taken immediate steps to assist customers affected by Hurricane Irma, pledging $100,000 to aid relief organizations.
Gov. Ricardo Rosselló confirmed that Puerto Rico will send three planes to the British Virgin Islands to deliver essential supplies after the devastation caused by Hurricane Irma.
The Metro Pavia Health System and the Auxilio Mutuo Hospital are pitching in to Puerto Rico’s Hurricane Irma relief efforts by opening collection centers and offering healthcare services to those injured by the storm locally, as well as in the neighboring islands.
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