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About 890 results for "puerto rico"

Another debt worry: Here's where Puerto Rico next trouble spot...

"The suspension of these deposits does not imply a breach with the bondholders on the date of payment," the government said in a statement when the amendment was passed. Economic Times, 15 minutes ago

Puerto Rico defaults for 1st time ever; is death spiral next?

The Commonwealth of Puerto Rico is now in default for the first time in history after it only paid $628,000 of a $58 million debt payment it owed over the weekend. According to the Government Development Bank for Puerto Rico (GDB), the ...
 Russia Today1 day ago Puerto Rico in default on massive debt  USA Today1 day ago Puerto Rico in default after measly payment  USA Today1 day ago UPDATE 3-Puerto Rico makes only partial bond payment; broader defaults possible  CNBC1 day ago
Thinking Highways

Gila LLC Expands Toll Services to Puerto Rico

Puerto Rico Highways and Transportation Authority and Private Infrastructure Concessionaire Awards Contract to Gila LLC AUSTIN, Texas--(BUSINESS WIRE)-- Gila LLC, has been awarded an Electronic Toll Collection System (ETCS) operations ...
 CNBC1 day ago Gila LLC and Kapsch TrafficCom partner on toll services deal in PuertoRico  Thinking Highways22 hours ago Gila LLC to manage Puerto Rico electronic tolls system  News is my Business23 hours ago Gila LLC Expande sus Servicios de Peaje a PuertoRico  SOA World Magazine1 day ago

Why Puerto Rico won't go the Greece way

Some commentators have even drawn comparisons to Greece, which has brought turmoil to Europe and the global financial markets.
 Economic Times3 hours ago

US Refusal to Rescue Puerto Rico Hurts US International Standing

 Sputnik7 hours ago
Investor's Business Daily

After Default, Debt-Ridden Puerto Rico Needs Economic Reform

D ebt: Puerto Rico finally defaulted on its $72 billion in debt. Bankruptcy isn't legal, and a bailout would only encourage more bad behavior. So what to do? As with most failed governments, economic reform is badly needed. Puerto Rico is in an ...
 Investor's Business Daily11 hours ago
Slate Magazine

Hedge Funds Think Puerto Rico Should Shut Down Schools to Pay Its Debts. Is That So Wrong?

Gonna have to cut somewhere. Photo by Joe Raedle/ A few days before Puerto Rico defaulted on a smallish portion of its debt this weekend, a group of hedge funds holding its bonds issued a report arguing that the island could pay back its ...
 Slate Magazine11 hours ago
NBC Sports

Louisville's trip to Puerto Rico includes three doubleheaders in six days

Next Tuesday, Louisville will begin a six-day tour of Puerto Rico, playing nine games against the Puerto Rican Junior and National teams. The Cardinals have doubleheaders on three of those days (Aug. 11-12, 15). Louisville head coach Rick Pitino, ...
 NBC Sports11 hours ago
Business Insider

Puerto Rico is not Greece (GREK, MUB, MUNI)

Reuters Women leave a clothing store with a big sign reading Puerto Rico defaulted on its debt by paying only a fraction of what was due on bonds due August 1. According to Reuters , Puerto Rico's Public Finance Corp paid only $628,000 of a $58 ...
 Business Insider23 hours ago Puerto Rico is not Greece  Yahoo! Finance UK and Ireland23 hours ago
Business Insider

Puerto Rico is not Greece

Reuters According to Reuters, Puerto Rico's Public Finance Corp paid only $628,000 of a $58 million payment due on its Public Finance Corp bonds on Monday. This follows Puerto Rico Governor Alejandro Garcia Padilla's June announcement that the ...
 Business Insider22 hours ago Puerto Rico's 'death spiral' has officially begun  Business Insider1 day ago Puerto Rico's death spiral has officially begun day ago
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