Monday, December 8, 2014

Puerto Rico's Highway Authority Treasurer Is Arrested on Bribery Charges - NYT

Puerto Rico's Highway Authority Treasurer Is Arrested on Bribery Charges 

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Federal investigations into two of Puerto Rico’s largest public corporations come as investors on the mainland U.S. have scooped up some of the agencies debt at steepdiscounts.

Coco Chanel, Nazi Spy in Madrid

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Documents recently declassified by the French intelligence services make it clear that the famous fashion designer Coco Chanel was a diehard Nazi true believer and a spy involved in a plot that led her to Madrid to serve the Third Reich.

Picasso Artwork Valued at $85,000 Stolen in Miami

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A silver plate designed by Spanish artist Pablo Picasso and valued at $85,000 was stolen during an art exhibition in Miami.

Russia and Nicaragua sign Naval Basing/Visitation ...

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The proposed canal would pass through Lake Nicaragua, Central America's largest lake, and will be between 230 meters and 520 meters (755 feet to 1,706 feet) wide and 27.6 meters (90 feet) deep, HKND has said. Chinese ...

Puerto Rico police find missing girls; arrest 2 - Yahoo News

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Puerto Rico police find missing girls; arrest 2
Yahoo News
SAN JUAN, Puerto Rico (AP) — Puerto Rico police say they have found two young half-sisters who had been reported missing about a year ago. ... Police say the adults were arrested and officers seized an AK-47, cash and drugs including crack cocaine.

How to respond to assertive Russia Close encounters with Russia - CNN International

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CNN International

How to respond to assertive Russia Close encounters with Russia
CNN International
(CNN) -- Last week, the news broke that Russian aircraft will commence patrolling the skies over the Caribbean Sea and Gulf of Mexico. Washington reacted mildly to Defense Minister Sergey Shoigu's announcement. The U.S. State Department questioned ...

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Cine mai crede în „The New York Times“ - Adevărul

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Adevărul

Cine mai crede în „The New York Times“
Adevărul
Articolul „Russian Money Suspected Behind Fracking Protests”, semnat de Andrew Higgins, şi apărut în ediţia online a cotidianul The New York Times din 30 noiembrie 2014, a stârnit ceva vâlvă în România, fiind preluat de o mare parte a presei mainstream ...

Drug-busting Royal Navy warship tackles fourth smuggling ship - Portsmouth News

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Drug-busting Royal Navy warship tackles fourth smuggling ship
Portsmouth News
'This latest haul of drugs, following in the wake of Argyll's aid effort to Bermuda after Hurricane Gonzalo, rounds off a highly successful operational deployment to the region. 'Having enhanced the Royal Navy's authority in and around the Caribbean ...

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S&P: FBI probe won’t impact Prepa rating

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S&P: FBI probe won’t impact Prepa rating

A federal probe reaching into the Puerto Rico Aqueduct & Sewer Authority wil ...
GDB ramps up pressure on oil tax
The Government Development Bank on Wednesday ramped up the pressure on lawm ...
Undeclared cash lands pilot in jail
A pilot who runs an executive jet company has been arrested after U.S. agen ...
Issued: November 26, 2014
Federal agents raided the Puerto Rico Aqueduct & Sewer Authority’s main offices in San Juan on Tuesday.
Issued: November 26, 2014
The Puerto Rico Aqueduct & Sewer Authority is aiming to issue at least $770 million in bonds next year.
Issued: November 26, 2014
The Trade & Export Co. and the Puerto Rico Statistics Institute have revised the methodology of the island government’s survey of retail ...
Weak consumer, business demand may slow US growth
Issued: November 26, 2014
WASHINGTON — U.S. consumers and businesses spent cautiously last month, a sign that strong growth during the spring and summer may decelerat ...
Applications for US jobless aid jump to 313,000
Issued: November 26, 2014
WASHINGTON — The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the firs ...
Obama administration sets stricter smog standard
Issued: November 26, 2014
WASHINGTON — The Obama administration took steps Wednesday to cut levels of smog-forming pollution linked to asthma, lung damage and other h ...
Germany to require 30% women in top boardrooms
Issued: November 26, 2014
BERLIN — Germany's leading companies will need to have at least 30 percent women on their supervisory boards from 2016, according to a n ...

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Feds warn of transit shutdown fallout

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Feds warn of transit shutdown fallout

The federal government is warning Puerto Rico officials about the potential fall ...
Construction industry pushes HTA bailout, says jobs, economy at risk
Issued: November 27, 2014
Puerto Rico’s construction industry is warning that thousands of islanders ...
A pilot who runs an executive jet company that has transported the president of Guyana was arrested after U.S. agents found more than $600,0 ...
Issued: November 27, 2014
VIENNA — OPEC oil ministers meeting in Vienna on Thursday are in a bind. Prices are plunging — and in the short term, the cartel may not be ...

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Iconic Mexican comedian ‘Chespirito’ dies at 85

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Iconic Mexican comedian ‘Chespirito’ dies at 85

MEXICO CITY — Roberto Gomez Bolanos, the iconic Mexican comedian who wrote and p ...
Issued: November 29, 2014
The federal government is warning Puerto Rico officials about the potential ...
A federal probe reaching into the Puerto Rico Aqueduct & Sewer Authority will not affect the government utility’s credit rating, Standar ...

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Monday, December 1st, 2014

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Monday, December 1st, 2014

Governor says he has votes for HTA bailout, calls off mass transit shutdown

Gov. Alejandro García Padilla took to the airwaves Sunday saying he has enough v ...
Issued: November 29, 2014
MEXICO CITY — Roberto Gomez Bolanos, the iconic Mexican comedian who wrote and played the boy television character “El Chavo del Ocho” that ...

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Quiet Atlantic hurricane season ends

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Quiet Atlantic hurricane season ends
Issued: December 1, 2014
This year’s relatively quiet Atlantic hurricane season has come to an end.
The federal government is warning Puerto Rico officials about the potential fallout from a looming shutdown of the cash-strapped Highway &am ...
Taj Mahal casino closes hotel tower, ends credit
Issued: December 1, 2014
ATLANTIC CITY, N.J. — Trump Entertainment Resorts says it is closing its newest hotel tower and is no longer issuing credit as it prepares f ...

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PR gains on global corruption index

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PR gains on global corruption index

Puerto Rico climbed slightly in an annual corruption index released by Transpare ...
Issued: December 3, 2014
Aerostar Airport Holdings has tapped Puma Energy to supply jet fuel to airl ...
Puerto Rico factories firmed up October, climbing above the growth threshold level after closing five of the previous six months below the m ...

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US cleanup of Culebra set to become law

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US cleanup of Culebra set to become law

Resident Commissioner Pedro Pierluisi’s bill to require the Department of Defens ...

San Juan recognized as one of world’s ‘most resilient’ cities

Puerto Rico’s capital San Juan is among 35 cities around the world that are bein ...
US House moves to extend tax breaks; rum funds, Section 199 in mix
Issued: December 3, 2014
The U.S. House of Representatives is moving to extend a $45 billion package ...
Issued: December 3, 2014
Banco Popular de Puerto Rico has received the prestigious “Bank of the Year ...
Bankruptcy filings in Puerto Rico totaled 771 in November, a 6 percent decline from the same month in 2013.
Puerto Rico’s sky-high power bills are on track to drop by 9 percent this month as oil prices continue to fall.
Music and media executive Carlos “Topy” Mamery died of a heart attack Tuesday morning. He was 54.
Issued: December 1, 2014
Boosted rum rebates for Puerto Rico and the U.S. Virgin Islands are part of packed agenda as lame-duck lawmakers returned to Washington on M ...
Survey: US companies added 208,000 jobs last month
Issued: December 3, 2014
WASHINGTON — U.S. businesses hired at a solid pace last month, according to a private survey, a signal that Friday's November jobs repor ...
US productivity grew at 2.3% rate in 3Q
Issued: December 3, 2014
WASHINGTON — U.S. workers' productivity increased in the July-September quarter at a slightly faster pace than previously estimated whil ...
Obama unveils plan to help young American Indians
Issued: December 3, 2014
BISMARCK, N.D. — President Barack Obama has unveiled an initiative to improve opportunities for American Indian youth, more than one-third o ...
Pope says truth must prevail in DR abuse case
Issued: December 3, 2014
VATICAN CITY — Pope Francis has stressed to Dominican authorities that the truth must prevail in the case of his former ambassador to the Ca ...
Hawking: Artificial intelligence could end mankind
Issued: December 3, 2014
LONDON — Physicist Stephen Hawking has warned that the rise of artificial intelligence could see the human race become extinct.

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Badillo, first Puerto Rico-born congressman, dies in NYC

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Badillo, first Puerto Rico-born congressman, dies in NYC

NEW YORK — Herman Badillo, a Bronx politician who became the first person born i ...

Feds bust HTA treasurer in kickback scheme

Federal agents arrested a high-level career Highways & Transportation Admini ...
Resident Commissioner Pedro Pierluisi’s bill to require the Department of D ...
Issued: December 2, 2014
Puerto Rico’s House of Representatives has approved a steep hike in the petroleum tax to bail out the Highways & Transportation Authorit ...
Fed survey finds improvement across US economy
Issued: December 3, 2014
WASHINGTON — The U.S. economy kept expanding in October and November, helped by solid gains in consumer spending, manufacturing and overall ...

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Fitch: Tax, utility hikes could prolong PR recession, challenge local

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Fitch: Tax, utility hikes could prolong PR recession, challenge local banks

Fitch Ratings is reiterating its position that tax and utility hikes could prolo ...

Hundreds of illegal slot machines seized

Hundreds of illegal gaming machines were seized in Puerto Rico on Thursday as th ...
Issued: December 4, 2014
Royal Caribbean International’s newest mega cruise ship, Quantum of the Seas, will visit Puerto Rico for the first Thursday with some 5,000 ...
Badillo, first PR-born congressman, dies
Issued: December 3, 2014
NEW YORK — Herman Badillo, a Bronx politician who became the first Puerto Rico-born U.S. congressman, died Wednesday morning. He was 85.

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Friday, December 5th, 2014

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Friday, December 5th, 2014

Mega ship docks in PR after pier revamp

Royal Caribbean International’s newest mega cruise ship, Quantum of the Seas, vi ...
Mega ship docks in PR after pier revamp
Royal Caribbean International’s newest mega cruise ship, Quantum of the Sea ...
Puerto Rico climbed slightly in an annual corruption index released by Transparency International on Tuesday, ranking 31 out of 175 countrie ...
Police cases converge to stir national debate
Issued: December 4, 2014
NEW YORK — From the White House to the streets of some of America's biggest cities, the New York chokehold case converged with the Fergu ...

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Puerto Rico climbed slightly in an annual corruption index released

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Puerto Rico climbed slightly in an annual corruption index released by Tran ...
Oil tax hike squeaks through Senate; HTA bailout bill goes to conference
Puerto Rico’s Senate narrowly passed a steep hike in the petroleum tax to bail to back a bond sale of up to $2.9 billion early in 2015 and b ...

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For US unemployed, job market hits a turning point

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For US unemployed, job market hits a turning point
Issued: December 6, 2014
WASHINGTON — Look past the booming November job gain of 321,000 reported Friday — the best figure in three years in the strongest year for U ...

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Surge pricing: Uber's $40B valuation. Worth it?

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Surge pricing: Uber's $40B valuation. Worth it?

NEW YORK — Can a company that didn't exist five years ago, an upstart with a ...

Legislative changes still needed to pull off $2.95 billion bond deal

Despite approval of the petroleum excise tax bill last week by single-vote major ...
Issued: December 7, 2014
Toll hikes are on track to take effect with the new year on two privately m ...
A journalist group and a Spanish-language independent media outlet are going to court to try to compel the Puerto Rico government to release ...
Japan new data show GDP fell 1.9% in July-Sept
Issued: December 7, 2014
TOKYO — Japan's economy contracted 1.9 percent in annual terms in the July-September period, according to revised data released Monday t ...
Issued: December 7, 2014
SANTIAGO, Chile — Latin America faces a rocky road ahead despite social and economic achievements in recent years, the head of the Internati ...

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Surge in businesses seeking shield from paying Christmas bonuses

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Surge in businesses seeking shield from paying Christmas bonuses

The number of Puerto Rico businesses seeking waivers from paying mandated Christ ...
China stocks jump as disappointing export data fuels stimulus hopes
Issued: December 8, 2014
HONG KONG — Chinese stocks surged after disappointing exports raised investor hopes of more stimulus while gains on other Asian markets were ...
Issued: December 7, 2014
NEW YORK — Can a company that didn't exist five years ago, an upstart with a knack for angering regulators who could close it down, real ...

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Oil tax bill heads to conference committee

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Oil tax bill heads to conference committee

Legislation to surge Puerto Rico’s petroleum tax to bailout the Highways & T ...

Science proves high heels do have power over men

PARIS — The well-heeled Marilyn Monroe once said, “Give a girl the right shoes a ...
Legal wrangling in Recovery Act case
Issued: December 8, 2014
Legal wrangling continues in the lawsuit filed by investment firms challeng ...
Issued: December 8, 2014
Fitch Ratings is reiterating its position that tax and utility hikes could ...
Despite approval of the petroleum excise tax bill last week by single-vote ...
Issued: December 7, 2014
Toll hikes are on track to take effect with the new year on two privately managed highways in Puerto Rico.
France-based pharmaceutical Sanofi said Thursday that Merial, its animal health company, is acquiring the Merck manufacturing facility in th ...
Hundreds of illegal gaming machines were seized in Puerto Rico on Thursday as the island government works to stem losses at sanctioned hotel ...
High court rejects BP appeal of spill settlement
Issued: December 8, 2014
NEW ORLEANS — The Supreme Court is leaving in place BP's multibillion-dollar settlement with lawyers for businesses and residents over t ...
7 largest US districts to teach computer science
Issued: December 8, 2014
WASHINGTON — The seven largest school districts in the U.S. are joining more than 50 others to start offering introductory computer science ...
US unveils federal law enforcement profiling ban
Issued: December 8, 2014
WASHINGTON — The Obama administration issued guidelines Monday that ban federal law enforcement from profiling on the basis of religion, nat ...
Pope decries 'material slavery' as holidays start
Issued: December 8, 2014
ROME — Pope Francis is praying that humanity be free of any "slavery" to material things as he visited Rome's swank shopping a ...

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PR identity theft kingpin sentenced

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PR identity theft kingpin sentenced

The leader of a Puerto Rican identity trafficking organization has been sentence ...
Issued: December 8, 2014
Florida-based pharmaceutical company Romark Laboratories L.C. is building a ...
Puerto Rico on Thursday welcomed one of the world’s largest cruise ships, a vessel that can carry more than 6,000 people.
Merck buying Cubist Pharmaceuticals for $8.4B
Issued: December 8, 2014
NEW YORK — Merck is buying Cubist Pharmaceuticals for $8.4 billion, illustrating a new emphasis on combating so-called "superbugs" ...
Fuel to the fire? Fuel exports soar under Obama
Issued: December 8, 2014
GARDI SUGDUP, Panama — Solar panels glisten from every thatched hut on this crowded island, one of the largest in this remote chain off the ...
China hopes for economy rebound ignite stock boom
Issued: December 8, 2014
BEIJING — Gong Bin, a marketing employee in Shanghai, watched Chinese stock prices gallop upward for months before he finally gave in and pu ...

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