Thursday, August 21, 2014

Interviews underway for Puerto Rico's PREPA restructuring chief - sources - MSN Money

Jugando Pelota Dura: Bernier habla sobre el nuevo censo de la corporaciones - YouTube

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Published on Aug 21, 2014
El Secretario de Estado David Bernier conversa con el equipo de Jugando Pelota Dura sobre la visita del embajador de Colombia y la relación de este país caribeño con Puerto Rico. Además, habla sobre la enseñanza del inglés en las escuelas públicas y el nuevo censo de las corporaciones.

Por otro lado, Benier reacciona a las querellas que enfrentan jueces en el Tribunal de Caguas.

Interviews underway for Puerto Rico's PREPA restructuring chief - sources - MSN Money

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Interviews underway for Puerto Rico's PREPA restructuring chief - sources
MSN Money
Aug 20 (Reuters) - Candidates are being interviewed this week for a chief restructuring officer atPuerto Rico's struggling power authority, two people briefed on the matter told Reuters. ThePuerto Rico Electric Power Authority, or PREPA, must hire a ...

and more »

http://www.caribbeanbusinesspr.com/news/justice-still-plans-to-sue-credit-raters... 

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http://www.caribbeanbusinesspr.com/news/justice-still-plans-to-sue-credit-raters-99854.html

Argentina defends plan to pay creditors outside US - Caribbean Businesswww.carib... 

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Argentina defends plan to pay creditors outside US - Caribbean Business
www.caribbeanbusinesspr.com
buenos aires, argentina — argentina will make its next round of scheduled debt payments, the economy minister said wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a u.s. court that forced the country into default last month.

VenEconomía: ...Y Todo Quedará Igual

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En manos de Nicolás Maduro se aceleró en Venezuela la caída en picada que se inició en los últimos años de Hugo Chávez. No ha podido ni ha querido enmendar las diversas y profundas distorsiones que 15 años de revolución han enquistado en el país.

What the CIA is trying to hide

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Beginning in the 1990s, and accelerating after September 11, the CIA flew terrorism suspects to secret police custody in Syria, Jordan, Egypt, Morocco, and Libya. Many of them were tortured. Starting in 2002, the CIA began operating secret prisons...

Armenia threatens Azerbaijan with missiles

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The president of Armenia, Serzh Sargsyan, recently threatened to unleash short-range ballistic missiles (SRBM) against vibrant Azerbaijani cities, such as its capital Baku, thus turning these civilian targets, with millions of residents, into ruins...
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Canadian runaway train disaster blamed on ‘weak safety culture,’ poor oversight 

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Canada’s Transportation Safety Board on Tuesday blamed the runaway train disaster that killed 47 people in tiny Lac-Mégantic in July last year on a “weak safety culture” at Montreal, Maine & Atlantic Railway and poor oversight by Canadian regulators.
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Hedge funds spark review of Puerto Rico economy - Financial Times

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Hedge funds spark review of Puerto Rico economy
Financial Times
Hedge funds speculating on Puerto Rican bonds are claiming that a 60-year miscalculation ofeconomic statistics may have caused investors to underestimate the island's ability to pay down its $70bn of debt. Figures for the country's gross national ...

Puerto Rico's CRO duties to include financial restructuring - Reuters

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Puerto Rico's CRO duties to include financial restructuring
Reuters
NEW YORK Aug 19 (Reuters) - The new role of chief restructuring officer at Puerto Rico's electric power authority PREPA will include both financial and operational restructuring, according to a document posted on the website of Puerto Rico's Government ...

Despite Creditor Agreements, Puerto Rico Utility Restructuring Likely - FitchBarron's (blog)
Puerto Rico GO bonds trade at more than 3-month highMSN Money

all 7 news articles »

Puerto Rico to use old traffic network to lay fiber-optic cables - Fox News Latino

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Puerto Rico to use old traffic network to lay fiber-optic cables
Fox News Latino
Puerto Rico's government plans to use an old traffic-signal network in San Juan to lay fiber-optic cables in Santurce, a district being developed as the island's tech center and an engine for job creation, officials said. The Puerto Rican ...

and more »

Interviews underway for Puerto Rico's PREPA restructuring chief - sources - Reuters

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Interviews underway for Puerto Rico's PREPA restructuring chief - sources
Reuters
Aug 20 (Reuters) - Candidates are being interviewed this week for a chief restructuring officer atPuerto Rico's struggling power authority, two people briefed on the matter told Reuters. ThePuerto Rico Electric Power Authority, or PREPA, must hire a ...

and more »

Puerto Rico's CRO duties to include financial restructuring - MSN Money

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Puerto Rico's CRO duties to include financial restructuring
MSN Money
NEW YORK, Aug 19 (Reuters) - The new role of chief restructuring officer at Puerto Rico'selectric power authority PREPA will include both financial and operational restructuring, according to a document posted on the website of Puerto Rico's ...

and more »
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German Reporters Detained Covering Unrest in U.S. Town

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Law enforcement personnel in the U.S. state of Missouri interfered with two German journalists who went to the town of Ferguson to cover disturbances sparked by a fatal police shooting, a representative of Reporters Without Borders said on Tuesday.

VenEconomy: ... And Everything Will Remain the Same in Venezuela

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Venezuela has increased the pace of the decline that began during the last years of the late Hugo Chávez in the hands of his successor, Nicolás Maduro. Maduro has been unable and has not wanted to amend the diverse and profound distortions that have become entrenched in the country during 15 years of “revolution.”

Residents of Latin American Feel Least Safe in Global Survey, Fueling ... - Latin Post

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Latin Post


Residents of Latin American Feel Least Safe in Global Survey, Fueling ...
Latin Post
... York, spiced by Latin American newcomers. The infusion of Mexican, South and Central American immigrants has sprinkled fresh ingredients into a Hispanic casserole once flavored mainly by Dominicans and Puerto Ricans. (Photo : REUTERS/Eduardo Munoz ...

Ecuador is One of the Victims of a Cyber Espionage Campaign - Prensa Latina

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Ecuador is One of the Victims of a Cyber Espionage Campaign
Prensa Latina
The campaign, called 'Machete' by the Russian company in reference to a weapon widely used in the region, was discovered in 2013 when a general manager of a Latin American country, came from a trip to China and suspected his computer was infected.

and more »

Argentina defends plan to pay creditors outside US

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Argentina defends plan to pay creditors outside US

BUENOS AIRES, Argentina — Argentina will make its next round of scheduled debt p ...

Bhatia: Education and Health must pay electric bills in 30 days

Senate President Eduardo Bhatia told the administration’s budget chief Wednesday ...
Fitch Ratings believes that a restructuring of Puerto Rico Electric Power A ...
Justice: Still plans to sue credit raters
Justice Secretary César Miranda says the Puerto Rico government still aims ...
Report: Hedge funds say PR economy, ability to pay debt, underestimated
Issued: August 20, 2014
Hedge funds invested in Puerto Rico bonds are arguing that Puerto Rico’s ec ...
Issued: August 20, 2014
Puerto Rico’s unemployment rate held steady while payroll jobs posted another drop in July, the U.S. Labor Department’s Bureau of Labor Stat ...
Issued: August 20, 2014
A Puerto Rico man suffering from ALS has challenged Pope Francis to join the ice-bucket challenge, a social media-based drive to raise aware ...
Two undercover police officers were wounded in a shooting at a public housing project in Las Piedras on Tuesday afternoon.
PR not pursuing case against credit raters — for now
US government sells 400,000 acres offshore Texas
Issued: August 20, 2014
The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and developmen ...
Some Fed officials want to slow economic help soon
Issued: August 20, 2014
WASHINGTON — Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previo ...
Why Bank of America deal might not cost it $17B
Issued: August 20, 2014
WASHINGTON — How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly ...
BofA reaches $17B settlement with US
Issued: August 20, 2014
WASHINGTON — Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authori ...
Reward offered for former billionaire's assets
Issued: August 20, 2014
HELENA, Mont. — The trustee representing Montana's Yellowstone Club creditors is offering a reward to anyone who can help uncover assets ...
Yellen to give her outlook as Fed honeymoon fades
Issued: August 20, 2014
WASHINGTON — Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Ber ...
Argentina seeks to end default through venue change
Issued: August 20, 2014
BUENOS AIRES, Argentina — Argentina’s government is proposing to change the way it pays holders of the country’s debt, shifting it out of th ...
US officials: Military mulling more troops to Iraq
Issued: August 20, 2014
WASHINGTON — U.S. officials say military planners are weighing the possibility of sending more American forces to Iraq mainly to provide add ...
Obama: US won't stop confronting Islamic State
Issued: August 20, 2014
EDGARTOWN, Mass. — President Barack Obama says the United States will continue to confront Islamic State extremists despite the brutal murde ...
US warns that Venezuela is losing airline access
Issued: August 20, 2014
CARACAS, Venezuela — Come to Venezuela and you might get a longer trip than you bargained for. That’s what the U.S. government is warning.

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Wednesday, August 20th, 2014

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Wednesday, August 20th, 2014

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A Castro makes history with ‘no’ vote in Cuba - Caribbean Businesswww.caribbeanb... 

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A Castro makes history with ‘no’ vote in Cuba - Caribbean Business
www.caribbeanbusinesspr.com
havana — yet another revolutionary tradition has been broken in cuba: a lawmaker voted “no” in parliament.

Fitch: Prepa still likely to restructure debt - Caribbean Businesswww.caribbeanb... 

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Fitch: Prepa still likely to restructure debt - Caribbean Business
www.caribbeanbusinesspr.com
They also do little to address Fitch's longer-term rating concerns that Prepa�s net cash receipts and existing funds on hand remain insufficient to meet ongoing working capital, debt service and other funding requirements,� Fitch said.

Report: Hedge funds say PR economy, ability to pay debt, underestimated - Caribb... 

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Report: Hedge funds say PR economy, ability to pay debt, underestimated - Caribbean Business
www.caribbeanbusinesspr.com
The report published Wednesday cited a presentation circulating among certain hedge funds that contends that Puerto Rico�s gross national product may have grown between 3 percent and 11 percent in real terms since 2005.

Top court beefs up oversight of judges - Caribbean Businesswww.caribbeanbusiness... 

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Top court beefs up oversight of judges - Caribbean Business
www.caribbeanbusinesspr.com
puerto rico supreme court chief justice liana fiol matta is launching a specialized unit to handle corruption and ethics claims against island judges.

Ultrafast network project gains ground - Caribbean Businesswww.caribbeanbusiness... 

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Ultrafast network project gains ground - Caribbean Business
www.caribbeanbusinesspr.com
puerto ricos planned $17 million investment to create an ultra-high-speed internet network in a projected san juan tech hub took a step forward this week with an accord to use an old traffic-signal network to lay fiber-optic cables in santurce.

'Terrorists' help U.S. in battle against Islamic State in Iraq

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MAKHMUR Iraq (Reuters) - Washington has acquired an unlikely ally in its battle against Islamic State militants in Iraq - a group of fighters it formally classifies as terrorists.







  
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'Ambiguous warfare' providing NATO with new challenge

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WASHINGTON (Reuters) - Since Russia's annexation of Crimea in March, NATO has been publicly refocusing on its old Cold War foe Moscow. The threats it now believes it faces, however, are distinctly different to those of the latter half of the 20th century.
  

Berlin's giant Lenin statue may have been lost, say city authorities 

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Monument torn down in 1991 was buried and cannot be dug up for exhibition, according to officials
It was the star of Good Bye Lenin, Wolfgang Becker's tragicomedy set around the fall of the Berlin Wall: a statue of Vladimir Ilyich Lenin, suspended from a helicopter, seemingly waving goodbye to the crumbling socialist republic.
But more than two decades after it was torn down, Berlin authorities have admitted the giant monument may be lost in storage.
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Hamas: We're aiming for Tel Aviv airport

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Missile strikes have resumed in Israel and Gaza after the latest cease-fire lapsed. CNN's John Vause reports.
    

As Ukraine forces gain in east, focus of German diplomacy shifts

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BERLIN/KIEV (Reuters) - After months of ratcheting up pressure on Vladimir Putin, concern is mounting in Berlin and other European capitals that an emboldened Ukraine's military successes in the east are reducing the chances of a face-saving way out of the crisis for the Russian leader.







  

Hamas official: we were behind the kidnapping of three Israeli teenagers 

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Claim by Saleh al-Arouri, a founder of Hamas's military wing, is doubted by experts and not supported by other Hamas sources
A veteran Hamas official has said that the Islamist group was behind the kidnapping of three Israeli teenagers in the West Bank an incident that triggered the current brutal war in Gaza.
Saleh al-Arouri, one of the founders of Hamas's military wing, made his comments at a conference in Istanbul, where he lives in exile. A tape of his comments was posted online by conference organisers.
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Koktebel Journal: Annexation of Crimea Divides an Artist Colony Founded on Tolerance 

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The light and landscape of coastal Koktebel has drawn artists for nearly a decade, but Russia’s annexation of Crimea has split the normally peaceful oasis into feuding factions.