Puerto Rico Reaches Deal Over $35B in Debt
The deal with supporting creditors “will reduce the amount of Commonwealth-related bonds outstanding to less than $12 billion.”
The Weight of Water
The 2017 hurricane season puts extreme precipitation and flooding events at the top of risk managers’ agendas.
House: Puerto Rico Rescue Not a Bailout
“Today, the House acted to prevent Puerto Rico's fiscal crisis from escalating to a humanitarian catastrophe," says a co-author of the bill.
Puerto Rico Doesn’t Have To Default: Report
The commonwealth's problem is deficits not its debt load, say former IMF economists.
Puerto Rico Utility Battles to Restructure Debt
Raising electricity rates to help repay its debt is not an option, says the Puerto Rico Electric Power Authority.