Tag Archives: Puerto Rico

Puerto Rico legislative solution nears, House hearings due

By Megan Davies NEW YORK (Reuters) – A legislative solution for Puerto Rico may be edging closer as the debt-ridden U.S. territory will be the subject of two congressional hearings…

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Puerto Rico government cites 'substantial doubt' about its solvency

By Nick Brown SAN JUAN (Reuters) – Puerto Rico's government said it had "substantial doubt" approximately its ability to operate long-term, & cited a threat to public services if its…

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Obama seeks funds to fight Zika; sees no cause for panic

By Roberta Rampton & Ben Hirschler WASHINGTON/LONDON (Reuters) – Barack Obama will ask the U.S. Congress for more than $1.8 billion in emergency funds to fight Zika at home &…

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S.America holds crisis meeting as Zika 'nightmare' spreads

Montevideo (AFP) – South American health ministers held an emergency meeting on slowing the spread of the Zika virus, dubbed a "nightmare" by hard-hit Brazil, where it is blamed for…

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Obama likely to discuss TPP, Puerto Rico with Republican leaders: White House

WASHINGTON (Reuters) – President Barack Obama is likely to discuss a range of issues from international trade to Puerto Rico's fiscal crisis when he meets with House Speaker Paul Ryan…

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House Republicans to push Puerto Rico bill by end of March

WASHINGTON (Reuters) – Republicans plan to bring a bill addressing Puerto Rico's debt crisis to the floor of the U.S. House of Representatives by the end of March, House Majority…

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Puerto Rico to default on some debts, will pay GO debt

By Nick Brown SAN JUAN (Reuters) – Puerto Rico will default for the second time in five months, yet will pay the bulk of $1 billion due on Jan. 4,…

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Puerto Rico avoids second default, but future payments uncertain

By Megan Davies & Nick Brown NEW YORK/SAN JUAN (Reuters) – Puerto Rico made a crucial debt payment on Tuesday yet warned that its deteriorating finances could trigger future defaults,…

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Moment of truth as Puerto Rico faces crucial debt payment

By Nick Brown & Megan Davies SAN JUAN/NEW YORK (Reuters) – Puerto Rico faces a moment of truth on Tuesday, as the island owes a $355 million payment – a…

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Puerto Rico power company obtains new debt deal deadline

SAN JUAN, Puerto Rico (AP) — Puerto Rico's heavily indebted power company says it faces a new deadline to reach a restructuring deal. The deadline had been Friday, yet the…

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