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Puerto Rico

Puerto Rico
A collection of news and information related to Puerto Rico published by this site and its partners.

Top Puerto Rico Articles see all

Displaying items 1-5
  • New Puerto Rico agencies to buy TRANs amid economic crisis

    Puerto Rico's governor signed a bill late Friday that allows certain public agencies to buy up to $400 million in tax and revenue anticipation notes as the government of the U.S. territory seeks more cash amid a worsening economic crisis.
  • Puerto Rico governor: Creditors should help solve crisis

    Puerto Rico's governor said Thursday that creditors are responsible for helping the U.S. island out of its economic crisis because they lent money knowing the government was running a deficit. Gov. Alejandro Garcia Padilla also sought to clarify comments...

    Check your municipal bond fund for Puerto Rico bond risks

    Check your municipal bond fund for Puerto Rico bond risks
    If you are like most investors in municipal bonds, you aren't much of a risk-taker. You want your money tucked away safely, earning a little interest. You chose municipal bonds, or mutual funds that pick "munis," so you wouldn't have to worry about...

    How to handle Puerto Rico's debt crisis

    How to handle Puerto Rico's debt crisis
    This has not been the best week for risky government securities. First, the Greek government failed to make a $1.7-billion payment that was due Tuesday. Then the Puerto Rican government revealed that its debt had become unsustainable, although it...

    Puerto Rico power company forced to sell bonds amid crisis

    Puerto Rico's troubled power company has been forced to sell bonds again to obtain capital and avoid defaulting on a $415 million debt payment due Wednesday amid a worsening economic crisis in the U.S. territory. The Electric Power Authority said it paid...