Tag: Debt

Depression Era Unemployed Levels

Depression Era Unemployed Levels

As millions of more Americans filed for unemployment benefits last week, the United States hits depression era rates that go back to the times of the ...
Bull on a Bear Market, When We Replace Toilet Paper with Dollars

Bull on a Bear Market, When We Replace Toilet Paper with Dollars

Amazon reached a whopping P/E of 99x. Looking back, we've seen the stock market rise to all time highs from it's 2009 lows of the Dow Jones Industrial ...
Coronavirus shows US needs to restore pharmaceutical production in Puerto Rico

Coronavirus shows US needs to restore pharmaceutical production in Puerto Rico

Though coronavirus has only begun to show up in America, it’s already exposed the nation’s serious over-reliance on China for pharmaceutical productio ...
Puerto Rico New Debt Agreement

Puerto Rico New Debt Agreement

Puerto Rico would shed about $24 billion of debt and move closer to exiting bankruptcy under an agreement with bondholders announced on Sunday by the ...
PROMESA Board Selective Process, Bad Actors, Congress and Distrust

PROMESA Board Selective Process, Bad Actors, Congress and Distrust

  On Wednesday April 24th, in Federal court located in San Juan and streamed live via close circuit to a Federal court in New York City, Judge ...
PROMESA Board Seeks to Hide the Names Responsible for Puerto Rico’s Financial Collapse

PROMESA Board Seeks to Hide the Names Responsible for Puerto Rico’s Financial Collapse

  The Fiscal Oversight Management Board (FOMB) responsible for negotiations of Puerto Rico's debt filed an emergency appeal Monday before Judg ...
Rally to Cancel Puerto Rico’s Debt – #CancelTheDebt

Rally to Cancel Puerto Rico’s Debt – #CancelTheDebt

  On March 13th, in the Southern District Federal Court of New York at 500 Pearl St. a group of citizens initially gathered inside the cou ...
Fiscal Board members are declared unconstitutional

Fiscal Board members are declared unconstitutional

The Court of Appeals of the First Circuit of Boston revoked Judge Laura Taylor Swain, who will now have 90 days to declare unconstitutional the appoin ...
Judge Swain Rules on Puerto Rico’s COFINA Bonds

Judge Swain Rules on Puerto Rico’s COFINA Bonds

  On Monday, February 4th Judge Laura Taylor Swain, judge presiding the Bankruptcy hearings for The Commonwealth of Puerto Rico, indicated she ...