Puerto Rico - Page 6

Obama Appoints Puerto Rico Control Board after Bond Default

The Obama administration has picked seven people to serve on a financial control board overseeing the restructuring of the Commonwealth of Puerto Rico’s $70 billion debt burden and $43 billion unfunded pension liability. Under congressional legislation signed after the island

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Miami Fights Zika with Aerial Insecticide as Homegrown Cases Total 15

Miami-Dade County officials have announced that they will use aerial insecticides in affected neighborhoods of Miami to combat the Zika virus, though such measures are typically only marginally effective in killing aedes aegypti, the mosquito responsible for carrying Zika. The number of mosquito-contracted local cases of infection has now risen to 15.

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CDC: 234 Pregnant Women in America Carrying Zika Virus

The U.S. Centers for Disease Control (CDC) have confirmed that six infants have been born in U.S. states with birth defects following their mother’s infection with the Zika virus. 234 women in the continental United States have tested positive for Zika.

A pregnant woman gets an ultrasound at the maternity of the Guatemalan Social Security Ins

Obama: ‘Only Congress’ Can Fix Puerto Rico Debt Crisis

In his weekly address released Saturday morning, President Barack Obama Puerto Rico’s economic crisis by asking Congress to pass a bipartisan bill to give Puerto Rico the tools it needs to restructure its $2 billion debt. Transcript as follows: Hi, everybody.  Today, I

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House Passes Puerto Rico Debt Crisis Legislation

The U.S. House passed the “Puerto Rico Oversight, Management and Economic Stability Act” (PROMESA) debt crisis legislation on Thursday by a 297-127 vote. The bill now heads to the U.S. Senate, where there appears to be a similar level of bipartisan support for approval.

Puerto Rico bailout (Kathy Willens / Associated Press)

Congress Fears 1 Million Puerto Ricans Migrating to Mainland

Republican Paul Ryan and Democrat Minority Leader Nancy Pelosi know that if Puerto Rico misses missing general obligation bonds interest payments on May 1, it will soon not have sufficient cash flow to pay government salaries and welfare benefits — and an exodus to the U.S. mainland could follow.

Puerto Rico statues (Ron Kroetz / Flickr / CC / Cropped)

Conservatives Blast Puerto Rico $33B Debt Forgiveness

Although House Speaker Paul Ryan (R-WI) warned that Congress needs to “bring order to the chaos” in Puerto Rico, conservative House Republicans are giving the cold shoulder to a plan that would let Puerto Rico wipe out $33 billion of its $73 billion debt in bankruptcy.

Puerto Rico bailout (Kathy Willens / Associated Press)

CBP Captures 14 Cubans on Mona Island, Puerto Rico

The Air and Marine unit of the U.S. Customs and Border Protection (CBP) service along with agents of the U.S. Border Patrol apprehended 14 Cuban refugees on Mona Island, Puerto Rico. The Cubans had recently completed a very dangers boat trip from Cuba through the treacherous Mona Passage.

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Puerto Rico Declares Zika Emergency

Puerto Rico declared a public health emergency over the Zika virus on Friday afternoon, following the confirmation of 22 cases of the infection, including one pregnant woman, and one man who developed the severe Guillain-Barre syndrome neurological reaction.

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Fugitive Millionaire Unwisely Googles Escape Plans, Hires FBI Agent as Sailing Instructor

Sean Ludwick, a 43-year old millionaire from Long Island charged with killing his passenger in a drunk-driving incident, allegedly made a rather ill-conceived attempt to skip bail. He laid his plans with Google searches such as “How do fugitives escape?”, “Why do fugitives get caught?”, “Fleeing from justice – what can happen?”, and “Does Venezuela extradite to the U.S.?”

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