Tuesday, January 18, 2022

Latest News

  • FERC Upholds Permits Order for New Fortress Gas Terminal

    The Federal Energy Regulatory Commission upheld its ruling that requires New Fortress Energy Inc. to apply for a permit for its liquefied natural gas (LNG) terminal at the Port of San Juan, which was built and currently...

    • Posted July 22, 2021
  • Global Market Square

    The U.S. and European stock markets regained momentum and finished the session higher following substantial losses Monday due to the rise oof the highly transmissible Delta variant of the coronavirus. The C.D.C. said the Delta variant is...

    • Posted July 20, 2021
  • Government Extends Vacation Days for Public Employees

    Puerto Rico Interim Gov. Omar Marrero announced on Tuesday that due to the upcoming holiday’s on July 26 and July 27, public workers can take the rest of the week off if they use their...

    • Posted July 20, 2021
  • Puerto Rico Supreme Court Rejects Seeing Rossello’s Case

    The Puerto Rico Supreme Court rejected seeing the case that requested the disqualification of former Gov. Ricardo Rosselló’s electoral victory as a congressional delegate, upholding a Court of Appeals decision that has up to now favored the...

    • Posted July 20, 2021
  • Puerto Rico House Responds to LUMA Appeal By Defending Constitutional Authority

    SAN JUAN — The Puerto Rico House of Representatives responded to LUMA Energy’s petition before the commonwealth’s Court of Appeals to not have to comply with an information request by a legislative committee investigating the company’s contract...

    • Posted July 20, 2021
  • Report Sees Demand for Domestic and Air Travel

    After flights were largely grounded leaving travelers homebound in 2020, the return to air travel has become one of the most anticipated—and uncertain—activities of 2021.  Mastercard released Recovery Insights: Ready for Takeoff?, a worldwide look into key...

    • Posted July 19, 2021
  • Amazon Web Services Announces Funding for Organizations Affected by Natural Disasters

    Amazon Web Services announced Project Resilience for Central America and the Caribbean, a program that provides funding to organizations that may be affected by natural disasters and whose business continuity is critical to community resilience. AWS offers...

    • Posted July 19, 2021
  • Global Market Square

    The U.S. and European stock markets fell markedly Monday as the COVID-19 Delta variant case rise wreaks havoc on investor condfidence worldwide. Europe’s Stoxx 600 lost 2.32%, its most significant one-day loss of 2021, the FTSE 100, fell...

    • Posted July 19, 2021
  • Ports Authority Investigates San Juan Bay Spill

    After a reported spill at the San Juan Bay last Sunday, the Ports Authority activated an emergency environmental response protocol that included contacting the US Coast Guard, the municipality of San Juan, the Department of Natural and...

    • Posted July 19, 2021
  • U.S. Government Allocates $62.4 Million to Puerto Rican Municipalities

    The federal government allocated $62.4 million during its first disbursement from the American Rescue Plan Act of 2021 (ARPA) to 51 smaller municipalities in Puerto Rico, according to the commonwealth government. ARPA’s Coronavirus Local Fiscal Recovery Fund...

    • Posted July 16, 2021
  • Global Market Square

    The U.S. and European stock markets ended the session mostly down except for the Dow Jones, which closed with a slight gain.  Most investors appear to be concerned that China’s economic recovery seems to be slowing, as...

    • Posted July 16, 2021
  • Puerto Rico Supreme Court Petitioned to Hear Case of Rosselló’s Election as Congressional Delegate

    SAN JUAN — In a last attempt to disqualify former Gov. Ricardo Rosselló Nevares as a shadow delegate to lobby for Puerto Rico statehood in the U.S. Congress, a petition was filed Thursday, for the Puerto Rico...

    • Posted July 15, 2021
  • Global Market Square

    The U.S. and European stock markets ended the session with asymmetrical results as the U.S. grappled with the continued rise in inflation and the Federal Reserve’s dovish stance. As for Europe, the situation is quite different as...

    • Posted July 15, 2021