All posts by Luisa García Pelatti

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  People with PH.D.s Earn 10 Times More Than Those With High-School Diplomas

  Different studies show that people with higher levels of education earn more and have lower unemployment rates

  • Posted April 7, 2016
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  PuraCap Purchases Blu Caribe Pharmaceutical

  PuraCap concluded the purchase transaction of the Blu Caribe pharmaceutical company

  • Posted April 7, 2016
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  Commercial Bankruptcies up 26% Compared with February 2015

  In February, 930 bankruptcies were filed in Puerto Rico, which was 109 more than for the same month last year

  • Posted April 7, 2016
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  Economist: Local Board Will Not be Effective, Chastises Private Sector

  “A local board will not be effective and the only serious alternative would be a federal board”

  • Posted March 12, 2016
• Moody’s Weighs in on Commonwealth Debt-Exchange Plan

    It will be hard for creditors to accept Puerto Rico’s debt-exchange proposal to restructure some $49 billion in debt, credit-rating agency Moody’s Investors Service said in a report published last Friday. Some of the difficulties mentioned...

  • Posted February 11, 2016
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• Economist: Many Mistakes Have Been Made

  Six years ago, Estudios Técnicos made projections indicating that, growing at a rate of 1.8% a year, Puerto Rico’s economy would not return to 2006 levels until 2016. Now, after revising these projections, the firm estimates that...

  • Posted February 11, 2016
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• Economic Index Inches Up in December After Long Drop

  Economic activity in Puerto Rico showed slight improvement in December 2015 after dropping for six-straight months, according to indexes that economist Ángel Rivera Montañez prepared and published in a recent monthly report. In December, commercial activity improved...

  • Posted February 11, 2016
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• Commission Launches Hearings on Prepa’s Oil Purchases

  The Special Commission for the Study of Norms & Procedures Regarding the Purchase & Use of Petroleum by the Puerto Rico Electric Power Authority (Prepa) was scheduled to launch public hearings Feb. 2, at 10 a.m., in...

  • Posted February 8, 2016
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  Electric Power Consumption Falls by 0.6% in 2015

  Electric-power consumption in Puerto Rico fell 0.6% in 2015, the third-consecutive drop since 2012. Decreases in demand for electric power were registered in the commercial and industry segments, while the industrial sector’s consumption of electric power increased....

  • Posted February 8, 2016
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  Job Losses Increase in Puerto Rico During 2nd Quarter of 2015

  In the second quarter of 2015, the number of jobs lost in Puerto Rico due to the closing or contraction of companies was about 46,166, the highest in at least four years, according to the report recently...

  • Posted February 8, 2016