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Puerto Rico, which became a U.S. territory in 1898 following the Spanish-American War, has some measure of self-rule but limited representation in Washington.; Its economy has languished due to ...
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Money Talks News on MSNPuerto Rico's Power Crisis: Tesla's Powerwall 3 Arrives As Game-Changing SolutionTesla's Powerwall 3 brings reliable power to Puerto Rico's struggling grid. The innovative battery system offers both energy ...
The Trump administration’s decision to redirect funding from the Puerto Rico Energy Resilience Fund away from providing the ...
How Puerto Rico's financial crisis erupted: Population loss. Puerto Rico has lost about 10% of its population over the last decade, sparking an economic crisis that worsens by the day.
Puerto Rico is facing an increasingly dire financial crisis as it tries to deal with a mounting $70 billion pile of debt. The default this week is considered an ominous sign but most of the focus ...
The latest collapse of Puerto Rico’s power grid after it was thrashed by Hurricane Fiona over the weekend was a foreseeable crisis that activists, including Puerto Rican rapper Bad Bunny, have ...
With the fury of a hurricane, the fiscal storm now making landfall in Puerto Rico will cause devastation across the island and beyond — and will force a complacent U.S. government to make har… ...
Until recently, Puerto Rico's fiscal crisis has been like a slow-motion hurricane churning toward land, in that the damage was more potential than real. Yes, there have been minor bond defaults ...
Trump was not wrong in saying that Puerto Rico is facing a debt crisis, considering the island owes about $70 billion to creditors. Hurricane Maria barrels toward Puerto Rico as a Category 5 storm.
Today, a full-time job at the minimum wage of $7.25 pays 77 percent of Puerto Rico’s per capita income, compared with 28 percent in the United States.
Puerto Rico’s Government Development Bank, one of the island’s biggest debtors, has been negotiating with some of its bondholders to pay them at less than 100 cents on the dollar.
Puerto Rico’s crisis is not generally seen as a racial matter. But it should be. text. Equally significant is that though an increasing number of prominent African Americans, including comedians ...
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