Puerto Rico’s debt service payment could be reduced to zero in the short-term, when the Financial Oversight and Management Board for Puerto Rico modifies the fiscal plan to readjust it to the island’s new panorama following the humanitarian crisis provoked by the passage of a category 4 hurricane through the island.
CITGO Petroleum Corporation, an indirect, wholly owned subsidiary of Petroleos de Venezuela, S.A., announced it will donate up to 50,000 barrels of diesel to Puerto Rico.
AT&T confirmed Monday it is currently connecting more than 8 million calls and 4 million texts a day over its network in Puerto Rico, as it continues to work around the clock to restore its network, which also covers the U.S. Virgin Islands.
Solar provider Sunnova and residential energy storage company sonnen Inc. announced separately on Monday plans to work with Puerto Rico authorities to support efforts to rebuild a more robust energy grid and deliver power to island residents quickly.
Twenty major metropolitan areas with 50,000 or more Hispanics of Puerto Rican origin will likely absorb the influx of climate refugees from the island, according to a study released by research firm Eureka Facts on Sunday.
Today, days after the monstrous storm, Hurricane María, slammed into our shores with sustained winds of 155 miles per hour, our entire focus has shifted.
The Lufthansa Group has deployed an MD 11 Cargo Aircraft from Frankfurt Airport that will arrive to Aguadilla today, bringing supplies to the western region that was devastated by Hurricane María.
Puerto Rico’s wireless telecommunications service is at 33 percent capacity, as carriers continue working 24/7 to restore the island’s connections to the world as soon as possible, executives said.
Puerto Rico families struggling in the aftermath of Hurricane María have started receiving assistance in the form of food boxes packed with nutritious, 100 percent American grown and produced USDA Foods from the U.S. Department of Agriculture (USDA).
JetBlue, the largest airline in Puerto Rico, today announced a multifaceted program to support both short-term relief and long-term recovery efforts on the island following the destruction from Hurricane María.
DDR Corp., which manages 12 malls throughout Puerto Rico, said today its Plaza Palma Real shopping center in Humacao sustained the most damage, while the remaining properties were less affected by Hurricane María.
Millionaire investor and developer Nicholas Prouty, who has called Puerto Rico his home for five years, said Monday the U.S. government must provide the island at least $40 billion in funding for relief and recovery efforts.
The Commonwealth of Puerto Rico is facing new risks and economic uncertainty following the devastation caused by Hurricane Maria last week, Moody’s Investors Service concluded in a report released Tuesday.
Verizon announced Monday support for the residents of Puerto Rico through a $1 million pledge to fund Hurricane María relief efforts. The carrier has partnered with the American Red Cross and World Vision.
Rep. Nydia M. Velázquez (D-NY) led members of Congress in writing the U.S. Department of Homeland Security calling for tangible steps to accelerate Puerto Rico’s recovery from Hurricane María.
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