Some people described it as "perfect" and "phenomenal" while others complained the sky was too cloudy.
Facing charges of swindling are Nenita Alcopre Malquisto, Ruel Petilla dela Cuesta, and Marilyn Pascobillo.
Washington, DC—Resident Commissioner Pedro Pierluisi released the following statement: “Unfortunately, Moody’s Investors Service, one of the three main credit rating agencies, has placed the general obligation (G.O.) rating of Puerto Rico on ‘review for downgrade.’ Puerto Rico’s G.O. rating is currently Baa3, which is one notch above junk status (Ba1). Moody’s also announced that it is placing on review for downgrade other Puerto Rico ratings, like COFINA bonds, that are linked to the G.O. rating. “This action by Moody’s is a result of poor policy choices made by the administration of Governor Alejandro García Padilla, combined with structural economic problems that are a direct and inevitable consequence of the unequal territory status that the Governor and his party support. “During the upcoming review period, the García Padilla administration must correct course. A sense of urgency is required, because the stakes could not be higher for Puerto Rico. “The first step the Governor must take is to acknowledge reality and to stop proclaiming, despite all the evidence to the contrary, that the financial and economic picture is improving. The Governor may believe these claims are good politics, but they undermine his credibility with the investment community, the ratings agencies, and—most importantly—the Puerto Rico public. “To the people of Puerto Rico, I say this. Over the years, you have confronted many challenges. You have always done so with courage and character, and I know this time will be no different. Puerto Rico has enormous potential. I pledge to you that, one day soon, this potential will be fulfilled.”
Washington, DC—The U.S. House of Representatives last night approved the Fiscal Year 2014 National Defense Authorization Act (NDAA), which includes language proposed by Resident Commissioner Pedro Pierluisi that urges the Department of Defense to make all historical documents and reports related to the use of Vieques and Culebra as a military training range available to the Puerto Rico public. The bill also authorizes $14.8 million for two construction projects for the Puerto Rico Army National Guard at Camp Santiago in Salinas. The Senate will vote on the bill next week. “The language on Vieques and Culebra, which is a direct result of our efforts, will help ensure that the people of Puerto Rico have as much information as possible about what munitions were used on the two islands, where those munitions were used, and how many of those munitions remain on the islands and potentially pose a threat to human safety and the environment,” said Pierluisi. “It goes without saying that, given the history, achieving the inclusion of language related to Vieques and Culebra in the annual defense bill is extraordinarily difficult. I had to fight very hard for this language. Indeed, this is the first time since the Navy closed its training range on Vieques in 2003 that a resident commissioner has been able to include language related to Vieques in the defense bill,” added Pierluisi. The Resident Commissioner explained that, a decade after the Navy stopped using Vieques as a training range and nearly 20 years after the Navy stopped using Culebra as a training range, there remain many unanswered questions and gaps in information about the exact types and amounts of ordnance that was used on both islands, as well as about possible links between the past military exercises and the present threats to public safety, public health and the environment. Pierluisi has sought to fill these gaps by calling upon federal agencies, including the Agency for Toxic Substances and Disease Registry, working in partnership with independent researchers, to take a more active and assertive role in designing, implementing and especially funding the additional studies that are still needed to determine the nature and potential causes of the health problems being experienced by residents of Vieques. The NDAA also includes $14.8 million in authorized funding to complete two construction projects at Camp Santiago for the Puerto Rico Army National Guard, including $9.2 million for a multi-purpose machine gun range and $5.6 million to expand—by 14,210 square feet—an important maintenance and equipment storage facility. “The Puerto Rico National Guard fights for us every day, in both foreign and domestic missions, and they deserve the best equipment and facilities available. I am pleased the bill authorizes funding for these important projects,” said Pierluisi.
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Estadidad Para Puerto Rico by Administrator
In December of 2012, the Legislature of Puerto Rico submitted a Concurrent Resolution to the Congress of the United States of America requesting the initiation of a process to admit Puerto Ricoas the next State of the United ...
WTSP 10 News |
Puerto Rico warns about dwindling numbers of coqui frogs
WTSP 10 News SAN JUAN, Puerto Rico (AP) - Three species of frogs native to the mountains of Puerto Ricohave apparently disappeared from several critical habitats, a sign that a long decline in amphibians on the island shows no signs of letting up. Scientists on ... and more » |
US Coast Guard searches for Puerto Rico fisherman
krqe.com US Coast Guard searches for Puerto Rico fisherman. SAN JUAN, Puerto Rico (AP) — The U.S. Coast Guard is searching for a 78-year-old fisherman who went missing off Puerto Rico'ssouthern coast after his boat capsized. Officials said Thursday that ... US Coast Guard searches for Puerto Rico fisherman after boat capsizesEdmonton Journal all 2 news articles » |
Muni market beware: Puerto Rico running out of time
InvestmentNews As if fears over rising interest rates and months of mass selling weren't enough of a head wind for municipal bond investors, Puerto Rico now appears to be running out of time to get its fiscal house in order. The commonwealth was put on review by ... |
ETF Trends |
Should Puerto Rico be downgraded?
Fox Business Description. Morgan Stanley executive director of research Michael Zezas on concerns overPuerto Rico's weak economy and the muni market. More Info; Share on Facebook; Share on Twitter; Expand Video. Date. Dec 12, 2013. Duration. 4:34. Personalities. Puerto Rico: The View From The Municipal Bond MarketSeeking Alpha Beleaguered Munis Due for Relief in 2014?Wall Street Journal all 6 news articles » |
SAN JUAN, Puerto Rico - Coast Guard rescue crews are searching Thursday for a missing fisherman after his boat capsized in the Caribbean Sea with one other.
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Last year's Adopt-a-School campaign exceeded all expectations and raised close to $800,000 in cash donations and matching funds and a substantial amount of goods and services for inner-city schools struggling against a rising tide of classroom poverty.
Politico |
Geraldo Rivera: Santa Claus Puerto Rican
Politico Fox News's Megyn Kelly set off a firestorm this week when she stated on her show that it's a “verifiable fact” that Santa Claus is white, but fellow Fox News personality Geraldo Rivera says he is sure the jolly Christmas icon is from Puerto Rico ... and more » |
UPDATE 1-Puerto Rico revenue up year to date, but down for November
Reuters Dec 12 (Reuters) - Puerto Rico's government revenues rose 12.4 percent in the first five months of the current fiscal year, exceeding the cash-strapped U.S. commonwealth's budget forecasts, but income came in under target in November, the government ... |
Puerto Rico's November Revenues Disappoint
Bond Buyer Puerto Rico's November Revenues Disappoint. by Robert Slavin. DEC 12, 2013 5:15pm ET. After several solid months of Puerto Rico government revenue collections, November collections came up short. and more » |
Discriminated against “because of his race and his poverty,” Rafael Cordero Molina was renowned…
Agencia EFE
San Juan, Dec 13 (EFE).- The government of the Puerto Rican city of Arecibo, site of the biggest radio telescope in the world, has just realized it has only enough money to pay its 800 employees for one more month.
"We've asked for help from the governor," Mayor Carlos Molina said Friday.
The coastal municipality at some 80 kilometers (50 miles) west of San Juan estimates a budget deficit of $17 million for the current fiscal year and is $60 million in debt.
"We hope we don't have to dismiss any local government workers," the mayor told reporters Friday.
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Is it time for the US to shake Cuba's hand too?
Los Angeles Times If the release of the other four seems politically impossible, consider the fact that in 1979 Jimmy Carter released four Puerto Ricans convicted of shooting up the U.S. Congress and trying to kill the president in 1952. After he did so, in a carefully ... |
US urges Haitians to avoid death at sea with new PSA - U.S. News by Mark Potter and Will Gretsky, NBC News
MIAMI – Following dozens of known drowning deaths at sea this year, the U.S. Coast Guard andHaitian-American community activists unveiled a public service campaign Thursday urging Haitians to avoid immigrant smugglers. They're also ... In the last year, U.S. officials have seen a dramatic rise in the number of Haitians being smuggled in small, often-overcrowded boats across the 80-mile-wide Mona Passage to Puerto Rico, a U.S. commonwealth. So far this year,...
Puerto Rico warns about drop in population of tiny frogs endemic to island
Calgary Herald ... island's endangered species, the Puerto Rican crested toad. The Nashville Zoo in Tennessee has sent more than 5,000 tadpoles to the U.S. territory, while the Buffalo Zoo in New York has sent hundreds of tadpoles in an effort to rebuild the wild ... and more » |
Samantha's home for the holidays in New York City. .... Then you'll love Puerto Rico. This popular rum, coconut and pineapple concoction has been the official drink of Puerto Rico since 1978. If you want to taste the original recipe, Barrachina restaurant, located in Old San Juan, claims to be the official ... Puerto Rico Sweepstakes · Travel's Best · Traveling Type Blog · Mobile Apps · Newsletters · New Talent · Full Episodes · Special Features · Community · Topics A-Z...
Aljazeera.com |
Spain rejects Catalonia referendum bid
Aljazeera.com However, the questions appeared to open a door for those nationalists who want Catalonia to have the structure of a state but remain a part of Spain, possibly along the lines of Puerto Ricoand the United States. But Ruiz-Gallardon said the referendum ... Spain rejects Catalonia's independence referendum bidAl Jazeera America Spain's Catalonia sets 2014 date for 'independence' referendum, government ...The Province all 129 news articles » |
Federal Prison Crisis Poses 'Critical Threat' To Justice Department, Report Finds
Huffington Post WASHINGTON -- The ballooning cost of the overcrowded federal prison system is an "increasingly critical threat" to the Justice Department's ability to fulfill its mission, the department's inspector general said in a report released Friday, which ... |
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Why This DEA Agent Left His Job To Help Sell Marijuana
Huffington Post Washington state has promulgated a set of regulations for the initial licensing process. There's going to be growing pains. On paper they look pretty good. .... Pinochet overthrew Allende in a bloody coup on Sept. 11, 1973, torturing and disappearing ... and more » |
Puerto Rico reports increased revenues for 2013-14
December 13, 2013
SAN JUAN, Puerto Rico -- Puerto Rico’s Treasury Secretary Melba Acosta Febo has announced revenues for the first five months of fiscal year 2014 exceeded revenues for the same period of fiscal year 2013 by $335 million, or 12.4%. Revenues year to date have exceeded estimates by $79 million.- St Kitts-Nevis youth ambassador selected for CARICOM youth development working group
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Moody’s Investors Service has affirmed the ratings of four Puerto Rican banks bu ...
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... the ruling FMLN would entail a radicalization of the political environment in El Salvador and its integration into the Bolivarian Alliance for the Americas (ALBA), the international bloc promoted by the populist left in Caracas.
The Democratic and Rep
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