The Puerto Rico government is aiming to persuade wealthy investors to invest in the U.S. territory at a two-day conference. The island has struggled to recover from a recession lasting almost eight years.
Entering its eighth year in recession, Puerto Rico has poured considerable effort and energy into better-positioning the capsizing economy. Puerto Rico's government has launched a website to attract ideas from citizens, asking them to submit ideas on how to reverse the U.S. territory's bleeding economy.
David Tawil of Maglan Capital, which owns some of Puerto Rico's debt, stated in an interview earlier in March that he believes the U.S. territory won't default, and that $2-3 billion of financing will quell the financial pressure. Puerto Rico has a deal of fruitful, robust double-digit returns on tax-free bases, but poorly-run finances have lead to its current economic status.
Puerto Rican rap duo Calle 13 is still maintaining its "rebellious spirit" and edge, but the duo is changing its tune a bit -- and this evolution has occurred with more life experience.In "Multi_Viral," Calle 13's fifth album, René Pérez Joglar described his new lyrics as "more existential" than previous Calle 13 efforts.
Puerto Rico’s economic crisis features a shrinking economy and a declining population, with 15 percent unemployment rate to boot. In laymen’s terms, things aren’t looking too good for the high income economy territory with the poverty rate of 41%.
On Thursday, internationally renowned artist and Latin Grammy-award winning singer Luis Fonsi will be wearing his 'corazón' on his sleeve.Fonsi, who released his latest single, "Corazón en la Maleta" on Feb. 18, is gearing up for its worldwide TV premiere that will take place at this year's "Premio lo Nuestro Award Ceremony" where he will perform live from Miami.
While Latinos remain underrepresented in science, technology, engineering, and mathematics (STEM) programs and professions in the U.S., Puerto Rico is having a different sort of problem: U.S. recruiters are stealing away with Puerto Rican STEM graduates. But the island's government is trying to end the brain drain, using LinkedIn as a tool.
Nobel Peace Prize-winning, African-American Civil Rights leader Martin Luther King Jr. impacted many lives, but he also had a great influence on Latinos who also faced discrimination -- including Puerto Rican baseball legend Roberto Clemente, who was both black and Latino.
Crème de coconut and choice liquor are necessary... no, essential when crafting a pitcher of flavorful and potent Puerto Rican Coquito, particularly in the Collazo household. Roberto Collazo Jr., a Warehouse Associate at an automotive manufacturing facility, learned the recipe from his father, who learned it from his father before him. Hand-over-hand, the multi-generational holiday favorite was passed down from one man to the next; the drink inheriting the traditions of the older man, but the changing tastes and interests of the younger one.
Daddy Yankee has been ordered to give up some serious "Gasolina" money after a concert promoter sued him. A judged ordered the reggaeton star to pay $6,000,000 to a promoter who says, "his eyes bled" after Daddy Yankee bailed out of a major concert tour.
In Puerto Rico, the holiday season is a big party right from November until after January 6th, as we keep alive the celebration of "Three Kings Day" or "Los Tres Reyes Magos". Puerto Rico enjoys a Caribbean sunny weather all year around; therefore most celebrations take place on "marquesinas" or front outside porches. The lit up and decorated homes are a huge part of the holidays in Puerto Rico. Driving through the islands streets you will start to hear traditional Puerto Rican Christmas carols like "Dame la Mano Paloma" and "Burrito Sabanero". All of this and it isn't even Christmas yet!
Jennifer Lopez stole the show for Latinos everywhere last night with her tribute to Celia Cruz at the American Music Awards. The Puerto Rican singer, dancer and actress blew the crowd away by interpreting Celia's most famous songs. The performance was loud, fun and colorful with dancers hyping up the crowd with their "salsa" moves while Jennifer sang her heart away in Cruz's traditional dresses. Latino's definitely proved to be a big part of America's music culture; this performance positively was the highlight of last night's show.
What once seem to be extremely dangerous has now became a "must do" amongst people. Visiting a restaurant, lounge or event without pulling your phone out and checking-in has now become a routine. Ah!
Puerto Rican dishes are gathered, like the family seated around them. There's quick chatter and side conversation. The food smells delicious, and it tastes better. Some say that it's all about the adobo, but a number of the other Puerto Rican home-style cooks say that it's about the sofrito, sometimes called sazon. Eventually, someone exclaims, "And, any Puerto Rican will tell you when it comes to good adobe or sofrito, it CANNOT be store-bought."
Preheat the oven, and let the heat rise to an odd 425 degrees. Spray the roaster grill with oil. Then, add salt and pepper... let the meat sizzle on the grill. In no less than 45, you'll be serving 4-5 a warm and delicious meal. The Posh Latin Cook, Elena Carlo, designs and masters recipes like the Saffron & Honey Buffalo Drumsticks, and serves it up hot for her family to eat...but only after she photographs it for her blog.
The U.S. territory of Puerto Rico's financial state has recently been under scrutiny, with rumors of bankruptcy swirling about, but leaders insist that the island will be just fine without a U.S. federal intervention and that it won't default on its debts.
Puerto Rico, known for its beautiful beaches and the charm of Old San Juan, has a lot more going on than its tourist spots; it's an island that is facing a major debt crisis and it's in need of a U.S. economic boost.
The 19-year-old has been impressive so far, and looks to make a deep run in the tournament. There may be a new name in the world of women's tennis, after 19-year-old phenom Monica Puig served up a convincing defeat against fifth-seeded Sara Errani.
