CHARLOTTE AMALIE — With the territory banned from the bond market — it has to find a way somehow to continue to make payments on $2 billion in bond debt. To that…
Category: Business News
Puerto Rico Government Workers Will Be Furloughed For 1st Time in Island’s History
SAN JUAN — A federal control board overseeing Puerto Rico’s crisis-wracked finances announced Friday that it will impose furloughs for the first time in the U.S. commonwealth’s history. Furloughs of up to…
SPECIAL REPORT: Shunned From Bond Market, Territory Will See If It Can Float Itself Out Of Its Cash Crisis
A nurse stands next to closed toilets at the Juan F. Luis Hospital and Medical Center in Estate Diamond near the Sunny Isle Shopping Center on St Croix. (PHOTO BY: Alvin Baez/Reuters)…