ANTI-ROSSELLÓ PROTESTS AND CALLS FOR RESIGNATION CLIMAX IN UNPRECEDENTED MARCH Puerto Ricans’ anger at the two scandals currently surrounding Governor Ricardo Rosselló—the first: the now internationally infamous Telegram group chat in which the Governor and other […]
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SCANDAL ENGULFS THE ROSSELLÓ ADMINISTRATION AS CALLS FOR RESIGNATION GROW LOUDER IN CONGRESS AND ON THE ISLAND Despite a massive erosion of confidence caused by multiple scandals uncovered last week, and increasing calls for his […]
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ROSSELLÓ’S ADMINISTRATION IN CHAOS Yesterday’s dismissal of Raúl Maldonado from the three positions he held with the Ricardo Rosselló Administration—Treasury secretary, director of the Office of Management and Budget (OGP, in Spanish) and chief financial […]
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PREPA Debt Agreement Reached Puerto Rico’s Financial Oversight and Management Board (FOMB), the Fiscal Agency and Financial Advisory Authority (AAFAF in Spanish) and the Electric Power Authority (PREPA) have finally reached a restructuring support agreement (RSA) […]
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Island’s Energy Future Uncertain After Marathon Congressional Hearing There seems to be no apparent resolution after the House Natural Resources Committee public hearing on the status of the reconstruction and privatization of the Electric Power […]
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Senate Disaster Bill Stalls Amidst Puerto Rico Dispute US Senate efforts to approve an emergency disaster supplemental appropriations bill stalled after Democrats defeated a measure to fund emergency relief for the affected states that would have […]
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Treasury Secretary Resigns, Governor Reshuffles Top Financial Spots Treasury Secretary Teresa Fuentes resigned in a surprise move this week. In her resignation letter, the former partner at Ernst and Young said that the Governor should […]
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Presidential Candidates Make First Stops in Puerto Rico, Denounce Reported Attempts by the Trump Administration to Block Aid The 2020 presidential elections are barely two years away, and candidates for the Democratic presidential nomination have […]
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Commonwealth Steps In As Federal Shutdown Continues As the partial federal government shutdown enters its third week, the Commonwealth government has stepped up to keep Puerto Rico’s key national parks open. Governor Ricardo Rosselló announced […]
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HUD Stalls Transfer of CDBG Funds El Nuevo Día reports that the U.S. Department of Housing and Urban Development (HUD) is currently waiting for the Puerto Rican government to show that it can properly manage […]