Puerto Rico

Puerto Rico Starts New Year by Defaulting on Debt

As Puerto Rico makes its first debt payment of the new year, it has no choice but to default on nearly $174 million as well.

Puerto Rico Debt Deadline Uncertain As Jan. 1 Deadline Looms

Puerto Rico may default on at least some of its bond payments as early as Jan. 1, 2016, which might lead some bondholders to file suit and others to hold off to see if the U.S. commonwealth might recover some liquidity.

Puerto Rico’s Population Dropped by 9 Percent Since 2004 due to Economic Crisis

Puerto Rico lost 9 percent of its population since 2004 because of economic crisis caused by lack of liquidity after paying back its $72 billion public debt.

Puerto Rico Policeman in Custody for Killing 3 Officers

A police officer in Puerto Rico was arrested Monday after he shot and killed three fellow officers at a police headquarters, investigators said.

Puerto Rico News 2015: Government Gives Christmas Bonus Despite Debt, 'Outmigration' Crisis

Puerto Rico has encountered further negative publicity as a result of its financial crisis. Puerto Rico has encountered further negative publicity as a result of its financial crisis.

Ricky Martin Praises First Same Sex Couple Adoption in Puerto Rico

The Latin singer shared the news about the first legal adotption by a gay couple in his native country.

Puerto Rico Debt Crisis: Senate Republicans Present Puerto Rico Relief Bill

U.S. Senate Republicans presented a bill that would allocate $3 billion in federal assistance to help dig Puerto Rico out of its massive $72 billion debt crisis.

Puerto Rico Gov. Alejandro Garcia Padilla: 'Puerto Rico Is Out of Cash'

“Puerto Rico is out of cash,” Alejandro Garcia Padilla, governor of the island commonwealth, said on Wednesday morning.

Wal-Mart Sues Puerto Rico Over Tax Increase

The Puerto Rican government, scrambling to avert the U.S. territory's impending default, is facing unexpected opposition from the Wal-Mart chain, which is suing the commonwealth in an attempt to overturn new taxes the retailer claims are discriminatory and violate the Constitution and federal law.

Puerto Rico Will Argue for Economic Restructuring Before the Supreme Court

On Friday the Supreme Court agreed to listen to Puerto Rico's request to reinstate a law which might allow the U.S. territory to restructure $20 billion of their massive debt

Eugenio Derbez to Search for Fountain of Youth When He Directs 'Ponce'

Eugenio Derbez has found the next project he will direct. Eugenio Derbez has found the next project he will direct. Variety is reporting that Derbez will helm and star in the upcoming film entitled "Ponce.

Puerto Rico Debt Crisis Hits Critical Deadline

Puerto Rico faces a critical deadline in its fiscal crisis on Tuesday, as the U.S. territory could default if it does not make a $355 million payment due this week.

Nonito Donaire Next Fight: 'The Filipino Flash' Motivated to Win Against Cesar Juarez

Nonito "The Filipino Flash" Donaire is training hard to win against Mexican fighter Cesar Juarez.

Puerto Rico Inching Closer to Default

Puerto Rico is on the verge of becoming "the Greece of the Caribbean" as the U.S. territory is inching ever closer on some critical bond deadlines.

Ben Carson Wants Puerto Rico to Be a US State

On Sunday retired surgeon turned presidential hopeful, Ben Carson, expressed his desire to see Puerto Rico become the 51st state.

Puerto Ricans Call US to Help With Healthcare

Thousands of Puerto Ricans rallied for Washington to pay attention to their island's crumbling healthcare system.

Puerto Rico News: Sen. Elizabeth Warren Criticizes White House on Puerto Rico Policy

Sen. Elizabeth Warren, D-Mass., criticized the White House’s recent move to offer an economic plan for Puerto Rico for its lack creativity.

Puerto Rico Debt Crisis: Obama Administration Presents Congress Proposal to Help Rescue Puerto Rico

The Obama administration is urging Congress to devise a plan to help rescue Puerto Rico from its massive $72 billion debt crisis before it implodes into an even bigger "humanitarian crisis."

Puerto Rico Debt Crisis: White House Will Not Bailout Commonwealth

Despite rumors to the contrary, on Thursday the White House made it clear that there are no plans to provide a financial bailout to alleviate Puerto Rico’s massive debt crisis

Puerto Rico, US Treasury Consider 'Superbond' to Fix Debt Crisis

Puerto Rico and the U.S. Treasury Department engaged in talks about a possible restructuring of the commonwealth's $72 billion debt, which would mark an important change in the relationship with the federal government.

Katy Perry Battles High Altitude Between South American Shows

Katy Perry battled high altitude recently, after performing in South America during her Prismatic Tour.
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