Tuesday, October 27, 2020

Latest News

  • La Fortaleza Reiterates VAT to take Effect in April

    SAN JUAN – Gov. Alejandro García Padilla will not reassess his position on the value-added tax (IVA by its Spanish acronym), which will begin to be collected in April, even though some Puerto Rico sectors have warned...

    • Posted January 26, 2016
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  • Democratic Leader Unfazed by Sander’s Lead over Clinton

    SAN JUAN – The recent polls that place Sen. Bernie Sanders ahead of Hillary Clinton do not worry local leaders of the Democratic Party, and they would not be surprised if the senator from Vermont won the...

    • Posted January 26, 2016
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  • Evertec: We Are Far from Being a Monopoly

    SAN JUAN – During a Puerto Rico Senate hearing on Tuesday, an executive of Evertec, a transaction processing firm based in San Juan, denied the company has a monopoly on the island’s electronic commercial network. The remarks...

    • Posted January 26, 2016
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  • Chase Planning Rollout of Card-free ATMs

    NEW YORK – Soon, losing your ATM card won’t be the financial life-stopping event it used to be. Just don’t also lose your phone. JPMorgan Chase customers will soon be able to withdraw cash or initiate other...

    • Posted January 26, 2016
  • US Again Expands Travel Alert to Pregnant Women

    U.S. health officials have again expanded their travel alert to pregnant women about trips to the Caribbean and Latin America. The Centers for Disease Control and Prevention on Tuesday added the U.S. Virgin Islands and the Dominican...

    • Posted January 26, 2016
  • Saudi Races to Attract Investment, Create Jobs in Overhaul

    RIYADH, Saudi Arabia – Saudi Arabia is racing to attract more investment and overhaul its economy as low oil prices expose it to urgent domestic challenges. For months, Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman has...

    • Posted January 26, 2016
  • González Colón Files Bill to Stop VAT Implementation

    SAN JUAN – The spokeswoman for the New Progressive Party (NPP) in the in the House of Representatives, Jenniffer González Colón, filed House Bill 2783 to stop the imposition of the value-added tax (IVA by its Spanish...

    • Posted January 26, 2016
  • Hispanic Bar Association Creates Puerto Rico Task Force

    SAN JUAN – The Hispanic National Bar Association (HNBA) has formed a Task Force on Puerto Rico that will conduct a 10-week review to make recommendations on how the White House and Congress can help the island...

    • Posted January 26, 2016
  • Scientists: “Doomsday Clock” Reflects Grave Threat to World

    PALO ALTO, Calif. – Rising tension between Russia and the U.S., North Korea’s recent nuclear test and a lack of aggressive steps to address climate change are putting the world under grave threat, scientists behind a “Doomsday Clock”...

    • Posted January 26, 2016
  • Obama, Reid, Pelosi meet, discuss legislative priorities, including Puerto Rico

    WASHINGTON – President Barack Obama and the top two Democrats in the Republican-led Congress are comparing notes on what they want to get done this year before lawmakers pivot to campaigning full-time for re-election. White House spokeswoman...

    • Posted January 26, 2016
  • Sources: Debt-restructuring Talks with Creditors to Resume this Week

    SAN JUAN – The Puerto Rico government will resume this week debt-restructuring talks with its creditors, with meetings between advisers representing the sides set to take place on Friday, Jan. 29, Caribbean Business sources said Tuesday. During a...

    • Posted January 26, 2016
  • After Stimulus Hint, ECB Chief Under Pressure to Deliver

    FRANKFURT, Germany – Mario Draghi, president of the European Central Bank, has a tricky six weeks ahead of him. The head of the top monetary authority for the 19-country eurozone helped stem a global stock market slide...

    • Posted January 26, 2016
  • CRIM: Property Appraisals Increase, Up-to-date

    SAN JUAN – The president of the Municipal Revenue Collections Center (CRIM for its Spanish acronym) governing board, Jorge Márquez, said Tuesday that the number of property appraisals and reappraisals has increased and are up-to-date due to...

    • Posted January 26, 2016
  • Health Minister: Brazil is ‘Losing Battle’ Against Mosquito

    RIO DE JANEIRO – Brazil’s health minister says the country is sending some 220,000 troops to battle the mosquito blamed for spreading a virus suspected of causing birth defects – but he also says the war is...

    • Posted January 26, 2016