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7 PR trade groups to file case to block energy rate hike
Contributor August 17, 2016

Seven Puerto Rico trade groups will announce today the filing of a lawsuit to block what they call the “disastrous” rate hike proposed under the Puerto Rico Electric Power Authority restructuring deal.

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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