Puerto Rico Economy

Puerto Rico Economy - Trinidad, Tobago / Caribbean - Posted: 4th May, 2017 - 4:06am

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Puerto Rico Business
Post Date: 15th Jan, 2009 - 2:06pm / Post ID: #

Puerto Rico Economy

Puerto Rico lawmakers approve $4 billion loan
User posted image Puerto Rico News

SAN JUAN, Puerto Rico: Without holding public hearings on legislative measures that will affect Puerto Rico’s economic future, the Legislature approved Tuesday night four bills, including a $4 billion loan to pay for public expenses, such as government worker’s payroll and to finance an economic stimulus package.
Source: Caribbean Net News Daily Headlines: Puerto Rico

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Post Date: 3rd Aug, 2015 - 11:40pm / Post ID: #

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Economy Rico Puerto

Puerto Rico just went into default for the first time.

The commonwealth didn't pay $58 million in debt due today to creditors of its Public Finance Corporation. The debt is mostly owned by ordinary Puerto Ricans through credit unions.

The island is struggling with about $70 billion in total outstanding debt, and its economy is in recession. Ref. CNN

Post Date: 10th Sep, 2015 - 1:48am / Post ID: #

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Puerto Rico Economy Caribbean / Tobago & Trinidad

Puerto Rico faces $28bn shortfall:

The highly anticipated report, delivered to Governor Alejandro Garcia Padilla on Tuesday, showed that economic reforms and budget cuts would not be enough on its own to keep the commonwealth from running a deficit through at least 2020. Ref. Source 4z

Post Date: 10th Sep, 2015 - 6:49am / Post ID: #


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Economy Rico Puerto

How do they expect the States to take them seriously when they ask for independence and can't even take care of their own finances?



Post Date: 1st Jan, 2015 - 6:22am / Post ID: #

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Economy Rico Puerto

Puerto Rico to Default on $37 million But Meet GO Debt:

Puerto Rico will default on part of the nearly US$1 billion in debt repayments due to its bondholders on Jan. 4, its second default in five months. Ref. Source 8x

Post Date: 3rd May, 2016 - 5:09am / Post ID: #

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Puerto Rico Economy

Puerto Rico to default on debt payment after talks fail:

Puerto Rico has halted a $422m…

Post Date: 29th Jun, 2016 - 11:47pm / Post ID: #

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Puerto Rico Economy

Senate passes Puerto Rico financial rescue bill

President Obama is expected to sign the bill into law before Friday, when Puerto Rico was expected to default on $2 billion in debt payments. Ref. USAToday.

Post Date: 4th May, 2017 - 4:06am / Post ID: #

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Puerto Rico Economy

Puerto Rico Declares a Form of Bankruptcy;

The governor of Puerto Rico, Ricardo Rosselló, said he would move the island's debt crisis into federal bankruptcy court, making it the largest government to seek refuge from its creditors in United States history. Ref. Source 5j.

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