Thursday, December 8, 2022

All posts tagged "Latest News"

  • Trump And Sanders Big Winners, Riding Voter Frustration

    MANCHESTER, N.H. – Republican Donald Trump and Democrat Bernie Sanders rode a wave of voter frustration with American politics to commanding victories in Tuesday’s New Hampshire primaries, adding crucial credibility to their upstart candidacies. Sanders swept majorities...

    • Posted February 10, 2016
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  • GDB’s Acosta On Audited Statements: ‘We Are Not Hiding Anything’

    SAN JUAN — On Friday, Government Development Bank (GDB) Chairwoman & President Melba Acosta said that although the commonwealth’s audited financial statements for fiscal year 2014 have yet to be delivered, they would only confirm what government...

    • Posted February 5, 2016
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  • Puerto Rico Briefs Congress on Debt-Exchange Plan, Calls for Broad Restructuring Regime

    SAN JUAN — Representatives of the Puerto Rico government briefed Congress staffers for about two hours on Friday over Gov. Alejandro García Padilla administration’s latest plan to restructure a large chunk of its $70 billion debt, while...

    • Posted February 5, 2016
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  • Conflicting Bankruptcy Perspectives Discussed At D.C. Debt Forum

    SAN JUAN — Puerto Rico needs a restructuring plan for “all of its debt” through a special legislative act tailored to territories along with a federal control board that does not intervene with the island’s autonomy, to...

    • Posted February 5, 2016
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  • CBP, HSI Seize 86 Pounds Of Cocaine Concealed Inside Boat Hull

    FAJARDO — U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI ) seized 86 pounds (39 kilos) of cocaine found Wednesday concealed inside the hull of a 26 foot...

    • Posted February 5, 2016
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  • Friday’s Jobs Report Could Ease US Recession Fears. Or Not.

    WASHINGTON – U.S. manufacturing is shrinking, corporate profits are declining and goods are piling up on warehouse shelves. Those trends have elevated concern that a U.S. recession may loom in the next year or two. Yet in...

    • Posted February 5, 2016
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  • Zaragoza Accepts Blame For Delay In Audit Of Government Finances

    SAN JUAN — Treasury Secretary Juan Zaragoza admitted Thursday that the reason the accounting firm KPMG has not finished an audit into the government’s finances for 2014 is because the government has failed to give the company all the necessary documents...

    • Posted February 5, 2016
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  • PBA Director Resigns From Post After Approving Huge Bonuses to Employees

    SAN JUAN – The executive director of the Public Buildings Authority (PBA), Angel L. González Carrasquillo, has resigned from his post, effective Friday, for alleged personal and professional reasons. However, sources from the agency told Caribbean Business that González Carrasquillo...

    • Posted January 29, 2016
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  • U.S. Supreme Court to Hold Hearing in March Over Puerto Rico’s Bankruptcy Law

    SAN JUAN – On March 22, the U.S. Supreme Court will listen for an hour to oral arguments over the validity of a bankruptcy law that was enacted by the Puerto Rico Legislature in 2014, but struck...

    • Posted January 29, 2016
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  • Press, Rights Groups Condemn Killing Of Mexican Reporter

    MEXICO CITY – International press and human rights groups are condemning the killing of a journalist in the southern Mexico state of Oaxaca. The Inter-American Commission on Human Rights is calling on Mexican authorities to investigate whether...

    • Posted January 29, 2016
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