Saturday, June 22, 2013

Para julio el tema del estatus en el Congreso – Vocero de Puerto Rico

Aprueban enmienda en Congreso a favor de la lucha contra el narcotráfico – Vocero de Puerto Rico

Para julio el tema del estatus en el Congreso – Vocero de Puerto Rico

Governor defends petroleum tax plan

Moody’s cuts Prepa to near junk level

1 Share

Moody’s cuts Prepa to near junk level

Moody’s Investors Service downgraded the credit rating of the Puerto Rico Electr ...

Hike in federal ‘surge’ in PR on horizon

A “surge” in federal agents being deployed to stem drug trafficking and related ...

At 4.9 million, Puerto Ricans remain second-largest Latino group in states

Puerto Ricans remain the second-largest Latino population group in the United St ...

This post has been generated by Page2RSS
Read the whole story
 
· · ·

PR unemployment, jobs both in decline

1 Share

PR unemployment, jobs both in decline

Puerto Rico’s unemployment rate fell to 13.4 percent in May, posting a fourth st ...

PR aims to boost aerospace industry

Puerto Rico officials are attending the Paris Air Show this week as the island g ...

PR researchers deploy oysters to clean Condado Lagoon in novel experiment

Researchers in Puerto Rico are seeding the Condado Lagoon with native oysters in ...

This post has been generated by Page2RSS
Read the whole story
 
· · ·

Governor defends petroleum tax plan

1 Share

Governor defends petroleum tax plan

Gov. Alejandro García Padilla is defending a proposed hike in petroleum taxes, s ...

PRTC launches summer travel deals

Puerto Rico is celebrating the beginning of summer by offering deep discounts on ...

This post has been generated by Page2RSS
Read the whole story
 
· ·

Drug cartels in Oregon: History of Mexican cartels - OregonLive.com 

1 Share

Drug cartels in Oregon: History of Mexican cartels
OregonLive.com
1980s: The U.S. cuts off Caribbean cocaine routes and works with Colombia to take apart its cartels. Mexican cartels ... The U.S. refers to them generally as cartels but also as transnational crime organizations (TCOs) or drug trafficking organizations ...

and more »

Article Print Layout - Latin America Monitor

Friday, June 21, 2013

Economy / Puerto RicoJune 2013 | Macroeconomic Forecasts

Article Print Layout - Latin America Monitor

1 Share
Economy / Puerto RicoJune 2013 | Macroeconomic Forecasts
BMI View: Consumer price inflation in Puerto Rico declined sharply from 1.7% year-on-year (y-o-y) in March to 0.5% y-o-y in April. We expect demand-side inflationary pressures to increase modestly through 2013, as the Puerto Rican economy continues to recover from a five-year recession that ended in 2012. As such, we forecast inflation to reach 2.5% y-o-y by end-2013. However, the recent drop in inflation reaffirms our view for an uneven recovery, marked by sluggish private consumption.
20112012Latest Period2013f2014f
Population, mn 33.7e3.7e--3.73.7
Nominal GDP, US$bn 1,461.659.3--61.667.1
Real GDP growth, % change y-o-y 2,4-1.60.5--1.31.4
Consumer price index, % y-o-y, eop 53.31.20.5Apr2.53.0
Exchange rate USD/US$, eop 61.001.00--1.001.00
Goods exports, US$bn 457.658.810.0Jan-Feb61.765.4
Goods imports, US$bn 444.346.17.2Jan-Feb47.148.1
Balance of trade in goods, US$bn 413.312.72.7Jan-Feb14.617.4
Current account balance, US$bn 43.4-0.7e---0.30.2
Current account balance, % of GDP 75.5-1.2e---0.40.3