All posts tagged "Government"
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Electoral Expert Says There is Room to Reduce Electoral Process Expenses
Expenses incurred by the Puerto Rico State Elections Commission (CEE by its Spanish initials) for this year’s electoral cycle—which includes primaries and the general election—estimated at $90 million, can be reduced but changes cannot be left to...
- Posted February 11, 2016
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A Summit to Restore Confidence
Puerto Rico is hosting another Investment Summit, a yearly conclave of wealthy investors designed to showcase attractive incentives contained in Acts 20 and 22 of 2012, to lure them to establish local businesses and/or make the island...
- Posted February 11, 2016
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Lawmakers Mull Bill to Help Prasa Achieve External Financing
GDB Says not so Fast With Puerto Rico lawmakers on the verge of approving the “largest securitization in U.S. history” for the P.R. Electric Power Authority (Prepa), another bill seeking the same structure for the P.R. Aqueduct...
- Posted February 11, 2016
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Yellen: Persistent Economic Weakness Could Slow Rate Hikes
WASHINGTON – Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy’s growth and slow the pace of Fed interest rate hikes. But Yellen made clear that the...
- Posted February 10, 2016
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Private Sector Coalition Gives Proposals In Washington To End Crisis
Leaders of the Puerto Rico Private Sector Coalition addressed government officials and insiders in Washington D.C. on Wednesday to present their recommendations for the commonwealth to exit its fiscal crisis. The coalition, which consists of organizations representing...
- Posted February 10, 2016
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Cofina Bondholders put Debt-relief Plan on Table, Await P.R. Gov’t Response
SAN JUAN – A group of Sales Tax Financing Corp. (Cofina by its Spanish acronym) bondholders are proposing to the Puerto Rico government a debt-restructuring plan that would provide liquidity and debt-relief to the commonwealth while respecting Cofina’s legal...
- Posted February 10, 2016
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PRHTA to Hold Seminar On Best Sales Strategies
SAN JUAN — The Puerto Rico Hotel and Tourism Association (PRHTA), an organization that represents the island’s private tourism sector, will hold a professional seminar Feb. 18 dubbed “Discover the 7 Best Practices in Sales and Marketing...
- Posted February 10, 2016
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NPP Secretary General: Public Housing projects sold at ‘bargain prices’ to select group
SAN JUAN – The Housing Financing Authority sold its public housing projects at “bargain prices” to a “select group of developers,” as well as some loan portfolios in an effort to raise funding for the Government Development...
- Posted February 10, 2016
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Bernie Sanders’ Campaign Present In Puerto Rico
SAN JUAN — Senator Bernie Sander, who will face former secretary of state Hillary Clinton in primaries for the candidacy for president of the United States from the National Democratic Party already has made its presence felt...
- Posted February 10, 2016
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Vietnam Vet Sues VA Trying To Get Benefits Living In Cuba
HAVANA – Otto Macias was 19 when he left Cuba in the throes of a socialist revolution, enlisted in the U.S. Army and went to fight communists as a machine-gunner in Vietnam. He returned from battle in...
- Posted February 10, 2016