Saturday, February 8, 2014

Answer to Puerto Rico's Debt Woes? It's Complicated - New York Times

Answer to Puerto Rico's Debt Woes? It's Complicated - New York Times

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Answer to Puerto Rico's Debt Woes? It's Complicated
New York Times
Hotels and office buildings have closed and construction projects abandoned, asPuerto Rico deals with Dennis Rivera for The New York Times Hotels and office buildings have closed and construction projects abandoned, as Puerto Rico deals with...

This Week Top Story: #Governor pledges to deliver balanced budget. Read: http://... 

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This Week Top Story: #Governor pledges to deliver balanced budget. Read: http://goo.gl/nb3wbe#caribbeanbusiness

Answer to Puerto Rico's Debt Woes? It's Complicated

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Answer to Puerto Rico's Debt Woes? It's Complicated
By STEPHEN J. LUBBEN
Puerto Rico is in a jam, writes Stephen J. Lubben. It is not considered a state, which means it can’t resort to bankruptcy to deal with its debt problems. Nor is it a sovereign nation, which means it can’t rely on sovereign immunity.
February 06, 2014, Thursday
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Cuban soul-searching after baseball humiliation - Fort Mills Times

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Fort Mills Times

Cuban soul-searching after baseball humiliation
Fort Mills Times
There was none to be had: Puerto Rico's victory over Venezuela on Wednesday ensured Cuba would be the only team eliminated in the first round, and the humiliation was complete. Cuba had never finished lower than third. It's a new low point that ...
Baseball - Venezuelan arrests at Cuba baseball protest stir local politicsYahoo Eurosport UK
Venezuelan arrests at Cuba baseball protest stir local politicsYahoo Canada Sports

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High concentration of pollutants found in Puerto Rico bay - Fox News Latino

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NOAA

High concentration of pollutants found in Puerto Rico bay
Fox News Latino
"The pollutants measured in the sediments of Guanica Bay, Puerto Rico ... were among the highest concentrations of PCBs, chlordane, chromium and nickel" detected since the NOAA began its nationwide contaminant monitoring program in 1986, the agency...
US federal study finds that Puerto Rico estuary highly contaminatedMontreal Gazette

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US federal study finds that Puerto Rico estuary highly contaminated

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SAN JUAN, Puerto Rico - A federal study has found that a large estuary in southwest Puerto Rico has one of the highest concentrations of pollutants ever measured in the history of a U.S. monitoring program launched nearly three decades ago, scientists said Thursday.
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Sochi Welcomes Homosexuals To The Olympics, Says 'Don't Do Anything Gay' - Huffington Post (satire)

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Huffington Post

Sochi Welcomes Homosexuals To The Olympics, Says 'Don't Do Anything Gay'
Huffington Post (satire)
The retired U.S. women's hockey player is headed to Sochi as part of an <a href="http://olympictalk.nbcsports.com/2013/12/19/caitlin-cahow-sochi-olympics-russia-anti-gay-law/" target="_blank">American delegation of gay athletes</a>. The two-time ...
Austria Winter Olympics Team Receive Kidnap ThreatHuffington Post UK

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Puerto Rico buries Cuban hopes in Caribbean baseball series

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Puerto Rico buries Cuban hopes in Caribbean baseball series

February 7, 2014
 MARGARITA ISLAND, Venezuela (ACN) -- Puerto Rico advanced to the semifinals of the Caribbean Baseball Series held at Margarita Island, Venezuela, beating the host squad 5-4, a result that left Cuba without the possibility of advancing in the event. Forced to beat the undefeated Magallanes Navegantes...

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Moody's downgrades Puerto Rico credit rating

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... and protesters gather outside barricades as the Senate debates teachers' pension reforms on Dec. 23. SAN JUAN, Puerto Rico - Puerto Rico's credit rating was dealt its second blow in a week when Moody's Investors Service announced Friday it had ...

Governor, fiscal team map out next steps

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Governor, fiscal team map out next steps
Issued: February 6, 2014
Gov. Alejandro García Padilla and top fiscal officials spent most of Thursd ...
The Puerto Rico government rushed out a range of belt-tightening measures Wednesday as the administration moved to blunt the fallout from St ...
SAC Capital ex-trader convicted of insider trading
Issued: February 6, 2014
NEW YORK — A former SAC Capital Advisors portfolio manager was convicted Thursday of helping the company owned by billionaire Steven A. Cohe ...
Obama: Putin's 'shtick' is to look like tough guy
Issued: February 6, 2014
WASHINGTON — President Barack Obama says part of Russian President Vladimir Putin's "shtick" is to look like the tough guy in ...

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Puerto Rico insiste en que tiene liquidez para los próximos cinco meses

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El Gobierno de Puerto Rico reiteró hoy que tiene liquidez suficiente para acometer los pagos que tenga que hacer durante este ejercicio fiscal, que acaba el 30 de junio, incluidas todas las obligaciones que deriven de la reciente degradación a "chatarra" de su deuda.

For many elderly people, retirement in Puerto Rico far from idyllic

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Maxi Fajardo smiles as she recalls moving to New York City from Puerto Rico in her late teens, falling in love, finding a job at the Chiclets factory and raising four children.
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For many, Puerto Rico retirement far from idyllic

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... accused of escaping from a Michigan prison 37 years ago is fighting her extradition to the state. SAN GERMAN, Puerto Rico (AP) - Maxi Fajardo smiles as she recalls moving to New York City from Puerto Rico in her late teens, falling in love, finding ...

Puerto Rico: The Next Detroit? - FrontPage Magazine

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FrontPage Magazine

Puerto Rico: The Next Detroit?
FrontPage Magazine
0205-puertorico_full_600 On Tuesday, credit ratings agency Standard & Poor's downgradedPuerto Rico's general-obligation bonds to BB+, a level that is considered junk status. Similar action by rating agencies Moody's and Fitch appears virtually certain ...

What Puerto Rico's Downgrade Means For Investors

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Puerto Rico's Debt Downgraded to “Junk” Status · Global Voices 

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... hard to find by yourself. But we can't do it alone. Even though most of us are volunteers, we still need your help to support our editors, our technology, outreach and advocacy projects, and ourcommunity events. ... The consequences of degradation had already been mentioned in a previous article [es] by Sergio Marxuach, the Director of Public Policy of the Puerto Rican based think tank Center for a New Economy: … [U]na degradación del crédito de Puerto Rico a...

Puerto Rico's Debt Downgraded to "Junk" Status

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... outreach and advocacy projects, and our community events. A U.S. quarter, or peseta, as it's called in Puerto Rico. The expression "everything has gone to hell now" [in Spanish the expressions plays with the word "peseta" that means "quarter"] is ...

Not So Golden Years: Amid Economic Woes, Puerto Rican Seniors Head Back ... - Fox News Latino

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Not So Golden Years: Amid Economic Woes, Puerto Rican Seniors Head Back ...
Fox News Latino
San Germán, Puerto Rico (AP) – Maxi Fajardo smiles as she recalls moving to New York City from Puerto Rico in her late teens, falling in love, finding a job at the Chiclets factory and raising four children. Her goal all along, like that of many Puerto ...