Monday, July 21, 2014

Is the US ready for a Puerto Rican 51st state of the Union? | Estados financieros del ELA by Grupo CNE | Puerto Rico Property Prices Still Falling - NuWire Investorby Global Property Guide | Rock bottom for Puerto Rico real estate - Caribbean Business | Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks



Is the US ready for a Puerto Rican 51st state of the Union? - GS

Is the US ready for a Puerto Rican 51st state of the Union?

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Obama and Latinos Are at the Breaking Point - Daily Beast

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Obama and Latinos Are at the Breaking Point
Daily Beast
From there, we could head to the Congressional Hispanic Caucus—27 Democratic members of Congress who can trace their ancestry to Mexico, Cuba, Puerto Rico, and the Dominican Republic. Between them, they haven't had an original thought or ...

UFO Over Puerto Rico On June 20, 2014, UFO Sighting News.

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Location of sighting: Cabo Rojo, Puerto Rico Source: MUFON Report #58206. Eyewitness states: I awoke looking out the widow of camper. I saw the sunrise with some clouds and just above the trees there was an object ...

Volunteer to Help Save Puerto Rico's History 

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They have uncovered human skeletons, bones, shells, tools, and clay pots that date back to 300-600AD. But now, this historical site is at risk of being lost due to actions of the waves and wind, and the rise in sea level.

Puerto Rico bonds send ex-champ to the ropesonline.wsj.comFormer boxing champion...

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Puerto Rico bonds send ex-champ to the ropes
online.wsj.com
Former boxing champion Felix Trinidad is still punching, trying to recover losses he says exceed $63 million from investing in Puerto Rican municipal-bond funds.

Full Episode | Sunday, July 20, 2014 - YouTube

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Published on Jul 20, 2014
On Sunday's edition of NewsHour Weekend, Secretary Kerry says there is an enormous amount of evidence that the downed Malaysia Airlines plane was brought down by a Russian-made missile. Also: A sharp escalation of fighting in Gaza as 13 Israeli soldiers and dozens of Palestinians are killed. And in our signature segment, new incentive programs to get you to do what you want to do -- but can't -- are on the rise.
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Full Episode | Sunday, July 20, 2014 

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On Sunday's edition of NewsHour Weekend, Secretary Kerry says there is an enormous amount of evidence that the downed Malaysia Airlines plane was brought down by a Russian-made missile. Also:...
From: PBS NewsHour
Views: 116
    
ratings
Time: 25:34More in People & Blogs

Mexico vs. Puerto Rico - Final Game - 2014 Centrobasket U15

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The 2014 Centrobasket U15 Championship takes place in Panama City, Panama from July 16-20. Every game will be streamed live and for free on the FIBA YouTube channel.
From: FIBA
Views: 3475
    
51 ratings
Time: 02:18:44More in Sports

Puerto Rico power company's finances spark concern - News & Observer News & Obs... 

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Puerto Rico power company's finances spark concern - News & Observer

News & Observer


Puerto Rico power company's finances spark concern
News & Observer
This July 16, 2014 photo shows the financial district in San Juan, Puerto Rico. Puerto Rico has …


Puerto Rico power company's finances spark concern - News & Observer

GE to invest $20M, open new plant in Puerto Rico - mySanAntonio.com GE to inves... 

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GE to invest $20M, open new plant in Puerto Rico - mySanAntonio.com

GE to invest $20M, open new plant in Puerto Rico
mySanAntonio.com
SAN JUAN, Puerto Rico (AP) — General Electric plans to open an estimated $20 million plant along Puerto Rico's …


GE to invest $20M, open new plant in Puerto Rico - mySanAntonio.com

Puerto Rico on shaky ground with creditors - News & Observer News & Observer... 

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Puerto Rico on shaky ground with creditors - News & Observer

News & Observer


Puerto Rico on shaky ground with creditors
News & Observer
This July 16, 2014, photo, shows an aerial view of cruise ships docked at the Old San Juan pier in Puerto Rico. …


Puerto Rico on shaky ground with creditors - News & Observer

Puerto Rico Governor Promises New Vote on Island Statehood - Latino Post

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Latino Post


Puerto Rico Governor Promises New Vote on Island Statehood
Latino Post
Well, it looks like Puerto Rico's status as a United States territory/State is up in the air again. Governor Alejandro García Padilla announced this week that he plans to have a direct vote by the year 2016 in order to determine the island's political ...

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Puerto Rico Property Prices Still Falling - NuWire Investor

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Padilla's Popular Democratic Party is in favor of preserving Puerto Rico's present commonwealthstatus, while Fortuño's New Progressive Party is in favour of Puerto Rico becoming a US state. ... Moreover Puerto Rico's government-issued debt would no longer enjoy so called triple-exemption (where the government, its political subdivisions, and its public corporations generally are not subject to income tax at the federal, state, or local levels). The loss of triple-exempt ...

Leftist Spectical "The View" Could Select Puerto Rican Look ...

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NEW YORK – The producers of “The View” could take on a Puerto Rican journalist to co-host the popular U.S. talk show and entertainment program for the ABC television network's upcoming fall season. Puerto Rico's Ana ...

Governor Calls for Status Vote by 2016 | Puerto Rico Report

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In a change of strategy, Puerto Rico Governor Alejandro Garcia Padilla has announced plans to hold a status plebiscite before the end of his current political term in 2016. The plebiscite will be Puerto Rico's fifth vote to ...

Lenders Agree to Give Puerto Rico Electric Power Authority More Time to Repay Debt 

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The agreement to delay certain payments for three more weeks forestalls a possible restructuring by the Puerto Rico Electric Power Authority.

Puerto Rico’s Indebted Power Utility Adds to Island’s Problems

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As Prepa struggles to pay its debts, the governor signed a law allowing public corporations to seek protection similar to what bankruptcy provides.

BRICS Bank: A Long Overdue Development - Analysis ...

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This was well understood, but like the people who kept investing with Bernard Madoff, countries likeChinaRussia, Japan, Kuwait, India and others keep investing in US securities at interest rates mostly between 0.5-2%. Thus ...
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China, Cuba to further advance ties - Chinadaily USA

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Chinadaily USA


China, Cuba to further advance ties
Chinadaily USA
The campus was established in 2007 under an agreement between the Chinese and Cuban governments to bring students from western China to the Caribbean island. It is the largest education exchange program between the two countries. Many graduates ...

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Estados financieros del ELA 

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Por: Sergio M. Marxuach
Director de Política Pública
Centro para una Nueva Economía
El gobierno ha publicado recientemente el informe anual con sus estados financieros consolidados. Este informe era anteriormente conocido por sus siglas en inglés como el CAFR (Comprehensive Annual Financial Report). El más reciente es titulado Basic Financial Statements and Required Supplementary Information debido a unos cambios técnicos en la manera de contabilizar algunas actividades y a la omisión de algunas secciones. Este informe es preparado por el Departamento de Hacienda y auditado por la firma de auditores externos KPMG LLP, tiene fecha de 30 de junio de 2014 y corresponde al año fiscal que terminó el 30 de junio de 2013.
1. Organización de los Estados Financieros del Gobierno
En términos generales, los estados financieros del gobierno consisten de cuatro componentes básicos:
(1) los estados financieros correspondientes a las actividades gubernamentales (Government-wide Financial Statements);
(2) los estados financieros de los fondos del gobierno (Fund Financial Statements);
(3) los estados financieros de los fondos fiduciarios (Fidiciary Fund Financial Statements) ;y
(4) las notas a los estados financieros.
Los estados financieros de las actividades gubernamentales, a su vez, contienen dos tipos de informes:
(1) el Estado de Situación del Patrimonio Neto (Statement of Net Position), que es análogo al estado de situación (balance sheet) de una entidad privada; y
(2) el Estado de Resultados (Statement of Activities), que es análogo al estado de ganancias y pérdidas (income statement) de una entidad privada.
Cada uno de estos informes—el Estado de Situación del Patrimonio Neto y el Estado de Resultados—a su vez, contiene secciones separadas para tres tipos diferentes de actividades gubernamentales.
Estas actividades consisten:
Primero, de las actividades medulares del gobierno, que son aquellas que comúnmente se asocian con la gestión del gobierno central en áreas tales como educación, seguridad pública, salud, y vivienda, entre otras. Estas actividades se financian en gran medida con impuestos y fondos federales.
A las actividades tradicionales del gobierno central se le incorporan las actividades de seis entidades legalmente independientes que, debido a la naturaleza de su relación con el gobierno central y la sustancia de sus operaciones, se consideran para propósitos contables como parte del gobierno central (Blended Component Units). Estas seis entidades son: la Autoridad de Edificios Públicos, la Autoridad para el Financiamiento de la Infraestructura, el remanente de las Navieras de Puerto Rico, COFINA, el Fideicomiso de los Niños y el Fideicomiso Perpetuo de las Comunidades Especiales.
La segunda categoría consiste de actividades de naturaleza comercial (Business Type Activities) que lleva a cabo el gobierno central. En este renglón se incluyen los resultados de las operaciones del fondo de seguro por desempleo, la lotería adicional, la Administración de Servicios Médicos de Puerto Rico, el Fondo para el Control de la Contaminación del Agua (Puerto Rico Water Pollution Control Revolving Fund) y la Junta de Gobierno del Servicio 9-1-1.
La tercera categoría consiste de entidades legalmente independientes del gobierno central y que comúnmente se conocen como corporaciones públicas (Component Units). Esta categoría incluye los resultados de las operaciones de todas las corporaciones públicas, seis de las cuales se desglosan por separado debido a su importancia: el Banco Gubernamental de Fomento, la Autoridad de Acueductos y Alcantarillados, la Autoridad de Energía Eléctrica, la Administración de Seguros de Salud, la Autoridad de Carreteras y la Universidad de Puerto Rico. Los resultados de las otras entidades se presentan de manera consolidada.
A continuación presentamos los hallazgos principales de los estados financieros para el año fiscal que terminó el 30 de junio de 2013.
2. Gobierno Central
A. Estado de Situación
El Estado de Situación de las operaciones primarias del gobierno central de Puerto Rico (excluyendo las operaciones de tipo comercial) nos dice que al 30 de junio de 2013, éste tenía activos de $14,439 millones y obligaciones de $61,756 millones, lo que resulta, después de algunos ajustes, en un patrimonio neto de negativo de $47,212 millones. Esto representa un aumento en el déficit acumulado de $5,382 millones, o un 13%, en relación con el déficit de $41,830 millones reportado año anterior (pág. 9).
De acuerdo con la nota 2 a los estados financieros, unos $35,800 millones de la deficiencia acumulada al 30 de junio de 2012 son producto de la emisión de deuda. Esta situación surge de la práctica del gobierno de Puerto Rico de emitir deuda al nivel central y entonces transferirle los fondos a otras entidades gubernamentales (incluyendo municipios) para el financiamiento de mejoras permanentes y cubrir ciertas necesidades operacionales. Como resultado de esa transferencia de fondos, el gobierno central se queda con la obligación en sus libros pero el activo correspondiente aparece en los libros de la entidad a la cual se le transfirieron los fondos. El resto del déficit en el patrimonio neto se debe a la obligación neta de pensiones y a la acumulación de deficiencias operacionales a través de los años.
B. Estado de Resultados
Por otro lado, el Estado de Resultados demuestra que las operaciones del gobierno central durante el año fiscal 2013 costaron $21,513 millones, mientras que los recursos disponibles totales (incluyendo el fondo general, fondos federales y otras transferencias) sumaron $15,884 millones, resultando en un déficit de $5,629 millones, que se reduce a $5,383 millones después de tomar en consideración otras transferencias de $246 millones. (pág. 11) Si excluimos el pago del servicio de la deuda de unos $2,009 millones, entonces el déficit operacional primario del gobierno de Puerto Rico para el año fiscal 2013 estaría rondando aproximadamente los $3,374 millones.
Esto en comparación con el Estado de Resultados para el año fiscal 2012 que demuestra que las operaciones del gobierno central para ese año costaron $21,178 millones, mientras que los recursos disponibles totales (fondo general, fondos federales y otras transferencias) sumaron $15,475 millones, resultando en un déficit de $5,703 millones, que se reduce a $5,497 millones después de tomar en consideración otras transferencias de $206 millones. Si excluimos el pago del servicio de la deuda de unos $1,971 millones, entonces el déficit operacional primario del gobierno de Puerto Rico para el año fiscal 2012 fue de aproximadamente $3,526 millones.
3. Corporaciones Públicas
A. Estado de Situación
El Estado de Situación consolidado de las corporaciones públicas refleja que al 30 de junio de 2013, éstas contaban con activos consolidados de $56,631 millones y con obligaciones de $45,115 millones, resultando en un patrimonio neto consolidado, después de varios ajustes, de positivo $9,826 millones. Esto representa una reducción de $1,063 millones en el patrimonio neto de las corporaciones públicas, o un 9.7%, en relación con el patrimonio neto de $10,890 millones reportado año anterior. (pág. 24)
Es importante señalar, además, que 9 corporaciones públicas reportaban un patrimonio neto negativo (sus obligaciones excedían sus activos) al 30 de junio de 2013, incluyendo corporaciones tan importantes como la Autoridad de Energía Eléctrica, la Administración de Seguros de Salud, la Autoridad Metropolitana de Autobuses, la Administración de Servicios Médicos de Puerto Rico, y la Compañía de Turismo (pág. 77).
B. Estado de Resultados
Finalmente, el Estado de Resultados consolidado de la corporaciones públicas refleja que éstas reportaron pérdidas agregadas de $1,063 millones durante el año fiscal 2013. Esta cifra representa un aumento de $480 millones, o un 82%, en comparación con las pérdidas agregadas de $583 millones reportadas por las corporaciones públicas el año anterior. Llaman la atención las pérdidas operacionales registradas durante el año fiscal 2013 por la Autoridad de Carreteras ($140 millones); la Autoridad de Energía Eléctrica ($275 millones); y el Banco Gubernamental de Fomento ($121 millones).
4. Conclusión
La fría lógica de la aritmética contable simplemente confirma la experiencia cotidiana de miles de puertorriqueños: tenemos un gobierno caro, disfuncional, al borde de la quiebra, infectado por la corrupción, y que no satisface las necesidades del pueblo de Puerto Rico.
Si de verdad queremos arreglar esta situación necesitamos emprender un proceso serio de análisis y de reflexión colectiva, sin engañarnos a nosotros mismos. El primer paso en ese análisis sería reconocer que el orden socioeconómico actual ha muerto y el nuevo no ha nacido aún. Algo que todo el mundo sabe, pero parece que nadie quiere hablar de ello.
Esta columna fue publicada originalmente el 20 de julio de 2014 en el periódico El Nuevo Día.

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PR declares chikungunya virus epidemic - Caribbean Businesswww.caribbeanbusiness... 

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PR declares chikungunya virus epidemic - Caribbean Business
www.caribbeanbusinesspr.com
Health Secretary Ana Rius said the decision was made after spike in cases and the fact that islanders lack resistance to the new virus that has swept through the Caribbean in recent months.

US House OKs budget bill calling for Treasury to ‘assist’ PR on fiscal fixes - C... 

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US House OKs budget bill calling for Treasury to ‘assist’ PR on fiscal fixes - Caribbean Business
www.caribbeanbusinesspr.com
the u.s. house of representatives has approved an appropriations bill that calls on the u.s. treasury department to “provide technical assistance to puerto rico on stabilizing and strengthening public financial management and financial management systems.”

PR aims to reassure investors in webcast - Caribbean Businesswww.caribbeanbusine... 

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PR aims to reassure investors in webcast - Caribbean Business
www.caribbeanbusinesspr.com
The announcement came as the governor opened an Government Development Bank-sponsored investor webcast meant to ensure Wall Street that the administration would live up to its financial commitments, while its economic development plan was putting Puerto Rico back on the path to sustainable growth.

Rock bottom for Puerto Rico real estate - Caribbean Businesscb.prThe challenges ... 

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Rock bottom for Puerto Rico real estate - Caribbean Business
cb.pr
The challenges keep piling up for Puerto Rico's real-estate industry, in both the residential and commercial sectors, as depressed values, weak sales and excess inventories continue to place undue stress on banks and property owners alike.
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New creditor group backs Puerto Rico efforts to revamp debtwww.reuters.comNEW YO... 

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New creditor group backs Puerto Rico efforts to revamp debt
www.reuters.com
NEW YORK, July 17 (Reuters) - A creditor group that holds $3billion in Puerto Rico bonds has backed a new law that allowsthe Commonwealth to restructure some of its debt and said itcould be a source

PR government says it may not be able to honor all of its obligations - Caribbea... 

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PR government says it may not be able to honor all of its obligations - Caribbean Business
www.caribbeanbusinesspr.com
the puerto rico government may be unable to honor all of its obligations as they come due as it faces a number of fiscal and economic challenges and its liquidity has been hit by a flood of recent credit downgrades, according to a new report released by the government development bank on friday.

Unemployment, payrolls, participation all drop in June; 27,000 fewer working - C... 

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Unemployment, payrolls, participation all drop in June; 27,000 fewer working - Caribbean Business
www.caribbeanbusinesspr.com
puerto ricos unemployment rate declined again while payroll jobs posted another sharp in june, the u.s. labor departments bureau of labor statistics reported friday.

GE shutting 2 PR plants, adding 1 - Caribbean Businesscaribbeanbusiness.prgenera...

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GE shutting 2 PR plants, adding 1 - Caribbean Business
caribbeanbusiness.pr
general electric is shuttering two manufacturing plants in puerto rico but apparently plans to build another on the island.

Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks - ... 

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Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks - Caribbean Business
www.caribbeanbusinesspr.com
top puerto rico government officials say a new report from the government development bank does not indicated that the islands “delicate” fiscal and economic crisis has “worsened.”

PR govt aims to reassure investors

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PR govt aims to reassure investors

Gov. Alejandro García Padilla reiterated Thursday his pledge to submit a compreh ...
Standard & Poor’s Ratings Services has lowered its ratings on the Unive ...
Issued: July 17, 2014
After a three-year wait, representatives from Nissan and local distributor Motorambar Inc. officially unveiled the 2015 Nissan Leaf electric ...
Ukraine: 295 on Malaysia plane shot down over east
Issued: July 17, 2014
HRABOVE, Ukraine — A Malaysia Airlines passenger plane carrying 295 people was shot down over eastern Ukraine on Thursday, Ukrainian officia ...
Israel says it has sent ground troops to Gaza
Issued: July 17, 2014
GAZA CITY, Gaza Strip — Israel launched a large-scale ground offensive in the Gaza Strip Thursday, escalating a 10-day military operation to ...
US trying to determine why jet down in Ukraine
Issued: July 17, 2014
WASHINGTON — The Obama administration scrambled Thursday to determine what brought down a passenger jet in Ukraine and whether any Americans ...

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PR government says it may not be able to honor all of its obligations

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PR government says it may not be able to honor all of its obligations

The Puerto Rico government may be unable to honor all of its obligations as they ...
Crowley buoys UPR solar team’s dream
Crowley Maritime Corportion is pitching in to help a group of University of ...
Issued: July 18, 2014
Shoe Carnival in Puerto Rico has continued its growth path in Puerto Rico with the opening of two stores in time for back to school. The new ...
Issued: July 17, 2014
The U.S. House of Representatives has approved an appropriations bill that calls on the U.S. Treasury Department to “provide technical assis ...
Ranking US states by job creation in past 5 years
Issued: July 18, 2014
WASHINGTON — Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains haven ...
Unemployment rates fell in 22 US states in June
Issued: July 18, 2014
WASHINGTON — Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains haven ...

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GE shutting 2 PR plants, adding 1

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GE shutting 2 PR plants, adding 1

General Electric is shuttering two manufacturing plants in Puerto Rico but appar ...
Issued: July 19, 2014
Telecom provider Open Mobile is pulling the plug on its Puerto Rico call ce ...
HIV diagnosis rate fell by third in US over decade
Issued: July 19, 2014
NEW YORK — A new study says the rate of HIV infections diagnosed in the United States each year fell by one-third over the past decade.
For Obama, foreign crises grow more challenging
Issued: July 19, 2014
WASHINGTON — Surveying a dizzying array of international crises, President Barack Obama stated the obvious: "We live in a complex world ...

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General Electric is shuttering two manufacturing plants in Puerto

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General Electric is shuttering two manufacturing plants in Puerto Rico but plans ...
Fla. jury slams RJ Reynolds with $23.6B in damages
Issued: July 19, 2014
MIAMI — A Florida jury has slammed the nation's No. 2 cigarette maker, R.J. Reynolds Tobacco Co., with $23.6 billion in punitive damages ...

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Administration says all steps aimed at avoiding GDB report ‘worst

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Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks

Top Puerto Rico government officials say a new report from the Government Develo ...
Unions, police clash at PDP assembly
Issued: July 20, 2014
Police and union members clashed as labor groups protested outside the gove ...
Before doctors check your vitals, check out theirs
Issued: July 20, 2014
WASHINGTON — Americans consider insurance and a good bedside manner in choo ...
Crowley Maritime Corportion is pitching in to help a group of University of Puerto Rico students compete in a cutting-edge competition on th ...
Puerto Rican tennis ace Mónica Puig is the new spokesperson for the Chrysler brand in Puerto Rico.
PR government aims to reassure investors
Gov. Alejandro García Padilla reiterated Thursday his pledge to submit a comprehensive tax reform plan in the next six months that would hel ...
Private jet recovery an uneven ride
Issued: July 20, 2014
HARTFORD, Conn. — Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spendin ...
Atlantic City doomed by glut of casinos in region
Issued: July 20, 2014
ATLANTIC CITY, N.J. — The rapid disintegration of Atlantic City's casino market might be an early indicator of what could happen in othe ...
How a flood of kids upended immigration debate
Issued: July 20, 2014
WASHINGTON — The nation's yearlong deliberation over immigration has taken a head-snapping detour.
Plane crash bodies put on train for rebel city
Issued: July 20, 2014
HRABOVE, Ukraine — Armed rebels forced emergency workers to hand over all 196 bodies recovered from the Malaysia Airlines crash site and the ...

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» Mexico vs. Puerto Rico - Final Game - 2014 Centrobasket U15
21/07/14 09:16 from Mike Nova's Shared Newslinks
mikenova shared this story from PR Videos - Review. Mexico vs. Puerto Rico - Final Game - 2014 Centrobasket U15 The 2014 Centrobasket U15 Championship takes place in Panama City, Panama from July 16-20. Every game will be streamed live a...
» Puerto Rico power company's finances spark concern - News & ObserverNews & Obs...
21/07/14 09:15 from Mike Nova's Shared Newslinks
mikenova shared this story from PR Economy and Business News Review. Puerto Rico power company's finances spark concern - News & Observer News & Observer Puerto Rico power company's finances spark concern News & Obs...
» GE to invest $20M, open new plant in Puerto Rico - mySanAntonio.comGE to inves...
21/07/14 09:15 from Mike Nova's Shared Newslinks
mikenova shared this story from PR Economy and Business News Review. GE to invest $20M, open new plant in Puerto Rico - mySanAntonio.com GE to invest $20M, open new plant in Puerto Rico mySanAntonio.com SAN JUAN, Puerto Rico (AP) — Gener...
» Puerto Rico on shaky ground with creditors - News & ObserverNews & Observer...
21/07/14 09:15 from Mike Nova's Shared Newslinks
mikenova shared this story from PR Economy and Business News Review. Puerto Rico on shaky ground with creditors - News & Observer News & Observer Puerto Rico on shaky ground with creditors News & Observer This July 16, 2014, ...
» Puerto Rico Governor Promises New Vote on Island Statehood - Latino Post
21/07/14 09:14 from Mike Nova's Shared Newslinks
mikenova shared this story from political status of puerto rico - Google News. Latino Post Puerto Rico Governor Promises New Vote on Island Statehood Latino Post Well, it looks like Puerto Rico's status as a United States territory/ Stat...
» Puerto Rico Property Prices Still Falling - NuWire Investor
21/07/14 09:14 from Mike Nova's Shared Newslinks
mikenova shared this story from political status of puerto rico - Google Blog Search. Padilla's Popular Democratic Party is in favor of preserving Puerto Rico's present commonwealth status , while Fortuño's New Progressive Party is in fa...
» Leftist Spectical "The View" Could Select Puerto Rican Look ...
21/07/14 09:14 from Mike Nova's Shared Newslinks
mikenova shared this story from political status of puerto rico - Google Blog Search. NEW YORK – The producers of “The View” could take on a Puerto Rican journalist to co-host the popular U.S. talk show and entertainment program for the ...
» Governor Calls for Status Vote by 2016 | Puerto Rico Report
21/07/14 09:13 from Mike Nova's Shared Newslinks
mikenova shared this story from political status of puerto rico - Google Blog Search. In a change of strategy, Puerto Rico Governor Alejandro Garcia Padilla has announced plans to hold a status plebiscite before the end of his current po...
» Lenders Agree to Give Puerto Rico Electric Power Authority More Time to Repay Debt
21/07/14 09:13 from Mike Nova's Shared Newslinks
mikenova shared this story from NYT > Puerto Rico. The agreement to delay certain payments for three more weeks forestalls a possible restructuring by the Puerto Rico Electric Power Authority.
» Puerto Rico’s Indebted Power Utility Adds to Island’s Problems
21/07/14 09:13 from Mike Nova's Shared Newslinks
mikenova shared this story from NYT > Puerto Rico. As Prepa struggles to pay its debts, the governor signed a law allowing public corporations to seek protection similar to what bankruptcy provides.
» BRICS Bank: A Long Overdue Development - Analysis ...
21/07/14 09:12 from Mike Nova's Shared Newslinks
mikenova shared this story from Geopolitical Aspects PR Political Status. This was well understood, but like the people who kept investing with Bernard Madoff, countries like China , Russia , Japan, Kuwait, India and others keep investin...
» China, Cuba to further advance ties - Chinadaily USA
21/07/14 09:12 from Mike Nova's Shared Newslinks
mikenova shared this story from Geopolitical Aspects PR Political Status. Chinadaily USA China , Cuba to further advance ties Chinadaily USA The campus was established in 2007 under an agreement between the Chinese and Cuban governments ...
» Estados financieros del ELA
21/07/14 09:11 from Mike Nova's Shared Newslinks
mikenova shared this story from CNE - Centro Para Una Nueva Economía - Center for a New Economy. Por: Sergio M. Marxuach Director de Política Pública Centro para una Nueva Economía El gobierno ha publicado recientemente el informe anual ...
» PR declares chikungunya virus epidemic - Caribbean Businesswww.caribbeanbusiness...
21/07/14 09:09 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. PR declares chikungunya virus epidemic - Caribbean Business www.caribbeanbusinesspr.com Health Secretary Ana Rius said the decision was made after spike in cases and...
» US House OKs budget bill calling for Treasury to ‘assist’ PR on fiscal fixes - C...
21/07/14 09:09 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. US House OKs budget bill calling for Treasury to ‘assist’ PR on fiscal fixes - Caribbean Business www.caribbeanbusinesspr.com the u.s. house of representatives has a...
» PR aims to reassure investors in webcast - Caribbean Businesswww.caribbeanbusine...
21/07/14 09:09 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. PR aims to reassure investors in webcast - Caribbean Business www.caribbeanbusinesspr.com The announcement came as the governor opened an Government Development Bank...
» Rock bottom for Puerto Rico real estate - Caribbean Businesscb.prThe challenges ...
21/07/14 09:08 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. Rock bottom for Puerto Rico real estate - Caribbean Business cb.pr The challenges keep piling up for Puerto Rico's real-estate industry, in both the residential and ...
» New creditor group backs Puerto Rico efforts to revamp debtwww.reuters.comNEW YO...
21/07/14 09:08 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. New creditor group backs Puerto Rico efforts to revamp debt www.reuters.com NEW YORK, July 17 (Reuters) - A creditor group that holds $3billion in Puerto Rico bonds ...
» PR government says it may not be able to honor all of its obligations - Caribbea...
21/07/14 09:08 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. PR government says it may not be able to honor all of its obligations - Caribbean Business www.caribbeanbusinesspr.com the puerto rico government may be unable to ho...
» Unemployment, payrolls, participation all drop in June; 27,000 fewer working - C...
21/07/14 09:08 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. Unemployment, payrolls, participation all drop in June; 27,000 fewer working - Caribbean Business www.caribbeanbusinesspr.com puerto ricos unemployment rate declined...
» GE shutting 2 PR plants, adding 1 - Caribbean Businesscaribbeanbusiness.prgenera...
21/07/14 09:07 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. GE shutting 2 PR plants, adding 1 - Caribbean Business caribbeanbusiness.pr general electric is shuttering two manufacturing plants in puerto rico but apparently pla...
» Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks - ...
21/07/14 09:07 from Mike Nova's Shared Newslinks
mikenova shared this story from CARIBBEAN BUSINESS's Facebook Wall. Administration says all steps aimed at avoiding GDB report ‘worst-case’ risks - Caribbean Business www.caribbeanbusinesspr.com top puerto rico government officials s...
» PR govt aims to reassure investors
21/07/14 09:07 from Mike Nova's Shared Newslinks
mikenova shared this story from Caribbean Business. PR govt aims to reassure investors Gov. Alejandro García Padilla reiterated Thursday his pledge to submit a compreh ... Standard & Poor’s Ratings Services has lowered its ratings on...
» PR government says it may not be able to honor all of its obligations
21/07/14 09:07 from Mike Nova's Shared Newslinks
mikenova shared this story from Caribbean Business. PR government says it may not be able to honor all of its obligations The Puerto Rico government may be unable to honor all of its obligations as they ... Crowley buoys UPR solar team’s...
» GE shutting 2 PR plants, adding 1
21/07/14 09:06 from Mike Nova's Shared Newslinks
mikenova shared this story from Caribbean Business. GE shutting 2 PR plants, adding 1 General Electric is shuttering two manufacturing plants in Puerto Rico but appar ... Unemployment, payrolls, participation all drop in June; 27,000 few...