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Puerto Rico News

At VIFreepCaribbean NewsPuerto Rico News

  Puerto Rican power utility, creditors reach deal to cover $416 million payment Option Trading Partners Breaking News – The Puerto Rican power utility, also known as PREPA, reached a deal with its creditors to make its $416 million payment Wednesday. The deal between the involved parties also extends the

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2016 Presidential ElectionAt VIFreepCaribbean NewsPuerto Rico News

  Puerto Rican Gov. Alejandro García Padilla announced on Monday that the island nation cannot pay its $72 billion debt. He called on citizens to tighten their belts, on creditors to take some losses and on the U.S. government to change laws governing the commonwealth he represents. Puerto Rico’s biggest problems,

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At VIFreepBusiness NewsPuerto Rico NewsSt. Croix NewsTerritorial Affairs

  Another freezing winter had many Washingtonians daydreaming about heading south to put their toes in the sand and a drink in their hand. All is not paradise in paradise these days, however, and even a refreshing Bahama Breeze cannot be had without a hurricane of controversy. That’s because one

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At VIFreepBusiness NewsNational NewsPuerto Rico NewsSt. Croix NewsTerritorial Affairs

  The Virgin Islands is implementing public-private partnerships that benefit our territory and the United States. In the middle of a recession, the territory’s leaders should be commended for keeping companies in America, generating significant direct and indirect economic activity, preventing thousands of government layoffs and funding construction of roads

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Caribbean NewsPuerto Rico News

The White House said Monday that President Obama won’t bail out Puerto Rico, which is facing default on its municipal bonds. “There’s no one in the administration that’s contemplating a federal bailout of Puerto Rico,” said White House press secretary Josh Earnest, who added that Treasury officials and others in

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At VIFreepCaribbean NewsPuerto Rico News

SAN JUAN (dpa) – Concerns were on the rise Monday regarding the possibility of a cash crunch in Puerto Rico, a day after Governor Alejandro Garcia Padilla said the island’s debts are “not payable.” US expert Anne Krueger, a former deputy managing director of the International Monetary Fund (IMF) and former

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At VIFreepBreaking NewsCaribbean NewsPuerto Rico News

  The Commonwealth of Puerto Rico is at a crossroads. The governor, Alejandro García Padilla, noted in an interview late last week that the island simply could not pay all of its debts on time. He said that the government would therefore be asking for concessions from most if not

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2016 Presidential ElectionBreaking NewsCaribbean NewsNational NewsPuerto Rico News

  Latinos that were supposed to be part of Miss USA 2015 are continuing to drop. Following Univision’s announcement that they would not air the Spanish simulcast of beauty pageant next month, hosts Cristián De La Fuente and Roselyn Sanchez also quit their hosting duties and J Balvin also opted

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Breaking NewsCaribbean NewsNational NewsPuerto Rico News

  Like Greece, the Puerto Rican government has more debt than it can service, and some are calling for a bailout by U.S. taxpayers. The major Puerto Rican state-owned or controlled enterprises are all losing money, including the power authority which is insolvent. Puerto Rico is an American territory that

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Art NewsPuerto Rico News

LONDON — If there was a shortlist for “Greatest American novelist of the twentieth century” Saul Bellow is certainly a worthy candidate. For starters, the silverware the author has to his name — the Nobel Prize for Literature, three National Book Awards, and the Pulitzer Prize — makes him a

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