Monday, November 29, 2021

All posts tagged "Economy"

  • Gas Wholesalers Lower Gas Prices After Public Hearings Announcement

    Gasoline retailers said at a recent public hearing that wholesalers slashed the price of gas by 8 cents as soon as it was announced that the Legislature would carry out public hearings

    • Posted January 22, 2016
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  • CIAPR Sets Eyes on Bill 2742 to Revitalize Prepa

    The Puerto Rico Engineers & Land Surveyors Association (CIAPR by its Spanish initials) is closely monitoring the evaluation and approval process for House Bill 2742, which aims to create the Law for the Revitalization of the Puerto...

    • Posted January 21, 2016
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  • P.R. Government Reduces Budget by $254 Million With Cuts

    Luis F. Cruz, executive director of the Office of Management Budget has announced a decrease of $254 million in the budget for the current fiscal year.

    • Posted January 21, 2016
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  • U.S. Economy Creates 2.65 Million Jobs in 2015

    During the month of December, the U.S. economy created 292,000 new jobs, exceeding analysts’ expectations, while the nationwide unemployment rate remained at 5%. The U.S economy created a total of 2.65 million jobs for the whole of...

    • Posted January 14, 2016
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  • German Economy Picked up Speed in 2015

    BERLIN – The German economy, Europe’s biggest, grew by 1.7 percent in 2015, authorities said Thursday, a slight improvement from the previous year that was fueled mainly by domestic demand. The Federal Statistical Office offered a rough...

    • Posted January 14, 2016
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  • The Tumultuous Year Ahead

    Not one week into the new year and the first cannon blasts have already been fired in the epic battle for the restructuring of Puerto Rico’s $70 billion debt. The first salvo—a warning shot—came just before midnight...

    • Posted January 14, 2016
  • Light Shed Again on Puerto Rico’s Energy Woes at Latest Congressional Hearing

    High energy costs, an ominous infrastructure and the troubled Puerto Rico Electric Power Authority (Prepa) are among a host of energy related challenges affecting the island that were discussed this week by the U.S. House Energy & Mineral Resources Subcommittee during an oversight hearing held Tuesday,...

    • Posted January 14, 2016
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  • Public-Debt Audit Committee to Hold First Meeting Next Week

    Puerto Rico Senate President Eduardo Bhatia called for the first meeting next Tuesday, Jan. 19, of the Public-Debt Audit Committee. The committee will examine and evaluate the hiring, refinancing and/or renegotiating process of Puerto Rico’s public debt,...

    • Posted January 14, 2016
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  • Rep. Aponte Hernández Demands Action from U.S. Congress

    SAN JUAN – New Progressive Party (PNP) Rep. José Aponte Hernández has written a column for The Hill in which he demands the U.S. Congress to act on the issue of Puerto Rico’s status this year. The...

    • Posted January 9, 2016
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  • US Employers Hire at Blistering Pace, Defying Global Trends

    WASHINGTON – The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week. Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low...

    • Posted January 8, 2016
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