Puerto Rico’s new Governor, Ricardo Rossello, has called for statehood for Puerto Rico. In the video clip above, he is quoted as saying that “the… Read More »Puerto Rico’s New Governor Says Puerto Rico Status Belies U.S. Claims of Democracy
Puerto Rico Financial Oversight and Management Board members and New Progressive Party (PNP) leaders elected last month to take over the reins of the territorial… Read More »Board, Gov-Elect Change Puerto Rico Fiscal Plan
The Puerto Rico Financial Oversight and Management Board today wrote Governor Alejandro Garcia Padilla and Governor-Elect Ricardo Rossello with its initial fiscal prescriptions for the… Read More »PROMESA Board Prescribes Fiscal Remedies
Governor-Elect Ricardo Rossello (New Progressive Party/PNP) signaled changes in the Government of Puerto Rico’s fiscal course in naming two members of his top fiscal… Read More »Rossello Pledges “Good Faith” Debt Talks
The Puerto Rico Financial Oversight and Management Board late yesterday announced three key contracts: McKinsey & Co. was retained as the panel’s temporary strategic consultant.… Read More »Puerto Rico Financial Oversight and Management Board Announces New Contracts
Puerto Rico Governor Alejandro Garcia Padilla (Popular Democratic Party/PPD) this morning refused to amend the fiscal adjustment plan that he submitted to the territory’s federally-imposed… Read More »Puerto Rico Governor Refuses to Revise Fiscal Plan
The Puerto Rico Financial Oversight and Management Board has asked for comments by next Wednesday at 9 AM on the fiscal plan that Governor Alejandro… Read More »Financial Oversight and Management Board Requests Comments on Gov’s Fiscal Plan before Wednesday
Puerto Rican Governor Alejandro Garcia Padilla has indicated that he will seek to renegotiate the territory’s $73 billion debt. “There is no other option,”… Read More »Governor Padilla: Puerto Rico’s Debt is “Not Payable,” Seeks Federal and Local Reforms
Although it is having a hard time financing and providing public services to the residents of Puerto Rico, the government of the territory launched an… Read More »Garcia Initiates Gov’t Services in Florida, Seeing Another “Country”
