The government of Puerto Rico will go broke by Oct. 31 unless the U.S. Department of Treasury approves an injection of between $4 billion and $6 billion that the local Treasury Department has requested.
Hurricane María’s devastating impact on Puerto Rico could eventually ring positive for the island’s economy, which has been crippled by a 12-year recession and the recent catastrophic storm.
The Federal Emergency Management Agency (FEMA) is hiring local residents to assist in the disaster recovery effort in the aftermath of Hurricanes Irma and María.