Tag: economy
Puerto Rico COFINA Bonds and Forgotten Detroit
The deal presented to Judge Laura Taylor Swain today to renegotiate the obligations to be paid out under COFINA bonds is in retrospect an extremely ge ...
URGENT: PROMESA Negotiates To Keep Puerto Rico Underwater
Swain concludes that the Fiscal Oversight Board (JSF) and the administration of Ricardo Rosselló complied with all the requirements of t ...
Fresh Direct Comes To The Bronx
This past week The Bronx witnessed the grand opening of its first Fresh Direct facility, the largest online fresh food grocer in the Northea ...
Puerto Rico bet on cannabis to activate economy
Although the foundations for the development of the medical marijuana business have not yet been clearly presented, the Rosselló admin ...
US going Penniless and without a Nickel
This might be a good thing for elementary school students, so when the teachers ask the student how much five is pennies? the kid can answer “noth ...
Puerto Rico Declares Bankruptcy – US Congressional Failure
Protestors in San Juan, P.R., on Monday. The island has about $74 billion of bond debt, and about $49 billion of u ...