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Wall Street Journal predicts US to be hit with a wave of refugees. From the US.

Someone please buy the Wall Street Journal a globe. Or at the very least, give them a link to a Wikipedia article on Puerto Rico. The Wall Street Journal issued a dire warning that the unfolding debt crisis in Puerto Rico could create...Show More Summary

Los canales de habla hispana omiten las causas de la cesación de pagos de Puerto Rico

Quienes dependían de Telemundo o de Univisión para enterarse de cómo Puerto Rico cayó en la cesación de pagos más grande de su historia el primero de mayo de 2016, tendrían que ser perdonados por no tener absolutamente ninguna idea acerca...Show More Summary

A Guy in Old San Juan

A while back I'm sketching on the street in San Juan, Puerto Rico, not far from a fancy hotel. A guy wearing old clothes comes up and sits quietly near me. We don't talk much at first. But after a while he tells me he's an artist, too. Show More Summary

Zika Concerns Could See MLB Cancel Puerto Rico Series

yesterdaySports / Baseball : Bats

A pair of Major League Baseball games scheduled to be played in Puerto Rico later this month could be relocated due to growing concerns over the Zika virus in the area, the MLB Players Association said on Tuesday.

Treasury Secretary Jack Lew: Puerto Rico crisis is 'immediate and real'

Treasury Secretary Jacob J. Lew strived to light a fire under Congressional leaders Tuesday by terming the fiscal crisis confronting Puerto Rico "immediate and real," with dire consequences for the island commonwealth's 3.5 million citizens as well as investment markets nationwide.  Puerto Rico...

Marlins Remain Worried About Zika Risk in Puerto Rico

yesterdaySports / Baseball : Bats

Miami Marlins player representative Tom Koehler says the team attended a seminar on the Zika virus that heightened concerns about playing two games in Puerto Rico against the Pittsburgh Pirates on May 30-31.

MLB reportedly may cancel Puerto Rico series because of Zika concerns

In the wake of last week’s news that a man in Puerto Rico died after suffering a rare immune reaction to a Zika virus infection, Yahoo’s Jeff Passan reported Tuesday that Major League Baseball is seriously thinking about cancelling the scheduled series between the Pittsburgh Pirates and Miami Marlins in San Juan, which is scheduled […]

NYC Gifts Puerto Rico 1 Million Free Condoms to Fight Zika

Puerto Rico may owe a cool $422 million to its creditors, but the commonwealth is about to be rich in one thing: free NYC-branded condoms. New York City is doing its part to help stop the Zika virus and is gifting 1 million condoms to Puerto Rico. Most people get Zika ... More »

Amanda Serrano calls out IBF Champion Jennifer Han for a world title unification bout

On April 22, 2016, history was made in Puerto Rico's professional boxing, when a female boxing match was the featured bout of the evening, held in the city of Trujillo Alto, where the four-time world champion [...] The post Amanda Serrano calls out IBF Champion Jennifer Han for a world title unification bout appeared first on Boxing News 24.

The Debt Crisis and the U.S.-Puerto Rico Relationship

Recently, this relationship has been called into question as Puerto Rico faces a looming debt crisis that could set the island’s economy back by more than a decade. The post The Debt Crisis and the U.S.-Puerto Rico Relationship appeared first on Foreign Policy Blogs.

Everything You Wanted to Know About the Puerto Rican Debt Crisis But Were Afraid to Google

Puerto Rico just defaulted on a $422 million debt payment. That's the largest default yet in a crisis that already has schoolchildren suffering, bondholders sweating, Paul Ryan beating back a mutiny, Democrats feeling good about their chances in Florida this November, and you searching the internet for an explainer on ... More »

10 Tuesday AM Reads

Get ready! Its our 2-for-Tuesday morning train reads: • Sweet Little Lies: How to read between the lines of companies’ accounts (The Economist) see also Valeant May Be Tip of Accounting Iceberg (Gadfly) • Puerto Rico’s debt crisis, explained (Vox) • Millennials love clean energy, fear climate change, and don’t vote. Show More Summary

Tuesday Morning News Dump (5/3/16) [Mis. Hum.]

Actually Puerto Rico your worst enemy is math For every action there is a reaction Damn Lutherans at it again Young snowflakes boo old snowflake Fracking bans overturned by CO court Trouble for the Clinton Foundation? We'll see. Speaking...

News: Morning Agenda: Warren Buffett Talks of Sharing the Wealth

A Departure at Deutsche | Puerto Rico Defaults | A Mixed Bag for European Banks

De Blasio, Republicans clash on Puerto Rico financial rescue

Mayor Bill de Blasio took to the airwaves Monday and implored New Yorkers to pressure Republicans in Congress to help Puerto Rico out of its "death spiral," as the island's governor called it. De... To view the full story, click the title link.

Puerto Rico says it reached tentative deal with creditors after skipping $422 million payment

2 days agoNews : The Raw Story

Puerto Rico’s Government Development Bank, the main funding source for the U.S. commonwealth’s public agencies, said it reached a tentative restructuring deal with some major creditors hours after declaring it would skip a $422 million debt payment. The agreed framework is “a...

Missing Back Story on Puerto Rico’s May Day Default

If you were depending on Telemundo or Univision for your news as Puerto Rico careened toward its largest default yet on May Day 2016, you would have to be forgiven for having absolutely no idea about the real causes behind the territory’s...Show More Summary

Puerto Rico's Debt Crisis Deepens as Government Misses Payment

Puerto Rico's debt crisis moved into a more perilous phase for residents, lawmakers and bondholders Monday after the Government Development Bank failed to repay almost $400 million. The missed principal payment, the largest so far by...Show More Summary

Puerto Rico Defaults on Principal of $422 Million Debt Payment

While the island paid $23 million in interest to its creditors, the outstanding amount puts the onus back on Washington to create a rescue package.

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