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Sunday, January 26, 2020

PREPA RSA hurts consumers, perpetuates debt crisis.

A thorough and data-packed recent report on the potential impact of Puerto Rico’s PREPA debt restructuring plan proves what should be obvious: electricity prices that are already...

Puerto Rico’s bankruptcy will be extended.

Three years from the central government having initiated the protection of Title III of the federal Promise law to reorganize its finances, a new...

Puerto Rico may soon not have any International Banks.

If the Commissioner of Financial Institutions, the Federal Deposit Insurance Corporation and the Federal Reserve approve the sale of Scotiabank's and Santander's operations in...

First Health Center to treat childhood cancer to be built in...

The resident commissioner of Puerto Rico in Washington, DC, Jenniffer González, participated this Saturday in the symbolic placement of the first stone of which...

Puerto Rico Real Estate

Puerto Rico’s Real Estate market can be divided into many sub-markets, mostly independent from each other. What sets aside the winners from the losers...

Payless ShoeSource Closing All Stores in U.S. and Puerto Rico

Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys...

Puerto Rico’s resistance to Oversight Board may slow restructuring

Puerto Rico's resistance to the Oversight Board is high on the list of potential hurdles as the territory's debt restructuring enters its third full...

Blockchain: The Game Changer in Real Estate

Blockchain technology has created a huge buzz across the world, a fair amount of articles have also been published about blockchains, bitcoin and related...

Economists differ on 2019 Real Estate Outlook

As 2018 winds down, so too have several leading indicators of home sales activity: New and existing home sales, builder sentiment, price growth and...

P.R.’s Policymakers Must Focus on China, Executing Economic Plans

The latest issue of “Compass,” a publication by H. Calero Consulting firm, shows that although Puerto Rico may be showing signs of growth after...