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FERC releases Aguirre Gasport draft EIS
Issued: August 9, 2014
A key federal agency published late Thursday a draft environmental impact statement for the Aguirre Offshore Gasport, which represents a significant...
Tax haul tops estimates at FY15 start
Issued: August 8, 2014
Puerto Rico’s fiscal 2015 tax collections rose year-over-year in July and beat estimates for the first month of fiscal 2015, the Treasury Department...
Feds bust $10M mortgage fraud scheme
Issued: August 8, 2014
A federal grand jury in Puerto Rico has handed up an indictment against four suspects in a $10 million mortgage fraud scheme. ...
Fitch: Chapter 9 extension would be positive for PR and its bondholders
Issued: August 8, 2014
The extension of Chapter 9 provisions governing the adjustment of municipal debt in Puerto Rico would be a “positive and important” development for...
USGS: PR rain deficit indicates drought
Issued: August 8, 2014
Tropical Storm Bertha brought heavy rains and a reprieve from water rationing but Puerto Rico still faces drier than usual weather amid a long, hot...
Govt aims for continuity in oversight of Roosevelt Roads redevelopment
Issued: August 8, 2014
Economic Development & Commerce Secretary Alberto Bacó Bagué reiterated this week that the administration of Gov. Alejandro García Padilla...
Law aims to retain young entrepreneurs
Issued: August 7, 2014
Gov. Alejandro García Padilla signed legislation Thursday aimed at keeping young entrepreneurs from leaving the island and stem an exodus of islanders...
Forecasters see slower Atlantic storm season
Issued: August 7, 2014
MIAMI — The Atlantic hurricane season will continue to be even quieter than predicted, thanks to atmospheric and oceanic conditions suppressing storm...
NOAA funding deep exploration off PR
Issued: August 7, 2014
The National Oceanic & Atmospheric Administration has awarded nearly $350,000 to University of Puerto Rico researchers for exploration of deep...
US Treasury: Difficult choices for PR
Issued: August 7, 2014
A U.S. Treasury Department point man on Puerto Rico says the island faces “difficult choices ahead” as it grapples with deep fiscal challenges and...
Fitch affirms notes issued by PR CEFs
Issued: August 7, 2014
Fitch Ratings has reviewed and affirmed the short-and medium-term notes series issued by a dozen Puerto Rico closed-end funds (CEFs) advised by UBS...
Temporary window open on portside IVU
Issued: August 7, 2014
The Puerto Rico Treasury Department has issued a temporary order allowing goods brought into Puerto Rico’s ports to be distributed before paying the...
Extradition of Anhang widow imminent
Issued: August 7, 2014
Aurea Vázquez Rijos could be brought back to Puerto Rico as early as this month to face charges in the 2005 murder-for-hire slaying of her businessman...
PR plant closings surge in fiscal 2014
Issued: August 6, 2014
Plant closings increased during the last fiscal year and far outpaced openings as Puerto Rico’s economy, particularly its important manufacturing...
7 steps to more secure passwords
Issued: August 6, 2014
NEW YORK — Rarely does a week go by without news of another hacking incident. On Tuesday, The New York Times reported that a Russian crime ring had...
$4.7M for airport projects in PR
Issued: August 6, 2014
The U.S. Department of Transportation is awarding a total of $4.7 million for high-priority projects at airports in Puerto Rico, Resident Commissioner...
Carnival to build cruise port in Haiti
Issued: August 6, 2014
A major Florida-based cruise line has signed a letter of intent to develop a new port on an isolated Haitian barrier island that has long been a major...
CofC renews call to put ports IVU on hold
Issued: August 6, 2014
Puerto Rico Chamber of Commerce President José M. Izquierdo Encarnación renewed the group’s call to extend the implementation period of the new IVU...
AES pitches DR as hub of US-sourced natural gas network in Caribbean
Issued: August 6, 2014
AES Corporation is pitching its liquefied natural gas (LNG) infrastructure in the Dominican Republic as a potential hub to supply cleaner, cheaper...
PR expanding Montessori in public schools
Issued: August 6, 2014
The Puerto Rico government is expanding the reach of Montessori education in the island’s public school system. ...
Army Corps hosting regulatory open house
Issued: August 6, 2014
The U.S. Army Corps of Engineers, Jacksonville District is hosting a Regulatory Division open house in Puerto Rico this week. ...
$5.4M in US funds for PR crime victims
Issued: August 5, 2014
The U.S. Department of Justice has assigned $5.4 million to fund a range of services for crime victims in Puerto Rico. ...
Treasury moves to clear backlog of cargo amid IVU rollout at ports
Issued: August 5, 2014
The Treasury Department announced Tuesday afternoon that it would institute an “expedited process” for merchants to pick up merchandise from island...
Triple-S net rises to $27.4M in 2Q
Issued: August 5, 2014
Triple-S Management Corp. reported net income of $27.4 million for the second quarter (ended June 30), up from $20.1 million in the same three-month...
Portside IVU rollout marred by glitches
Issued: August 5, 2014
The roll-out of sales and use tax (IVU) collections at the island’s ports has been marred by technical problems that have kept containers stuck...


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