Tag "Puerto Rico"
Can Puerto Rico escape disaster?
Puerto Rico’s debt saga now heads to federal court, where the struggle between Puerto Rico and its creditors will be decided.
Restructuring an island’s economy: the case of Puerto Rico
Ricardo Rosselló, the newly appointed Governor of Puerto Rico, attempts to navigate an ever-worsening fiscal crisis in the Island of Enchantment.
Trouble in paradise: Puerto Rico in default
With negotiations failing and missed debt payments mounting, Puerto Rico’s debt crisis keeps getting worse. What lessons will be learned from how the Isle of Enchantment weathers the storm? In
Weekly Risk Outlook
Venezuela’s Congress is inaugurated after surprise landslide victory. Puerto Rico defaults on minor debts. Tech innovators gather in Las Vegas. US releases latest unemployment figures. All in the Weekly Risk Outlook. Venezuela’s new
Long road to economic recovery in Puerto Rico
Economic recession and high unemployment rates has left Puerto Rico, known as the “Greece of the Caribbean”, to find other means to generate revenue. In recent years, Puerto Rico has
US municipal bonds squeezed by austerity
A perfect storm of austerity, low interest rates, and rebounding tax revenues are causing US municipal bond yields to plummet. The first part of 2014 was strong for municipal bond
Could Puerto Rico default?
Puerto Rico is about to follow in the footsteps of Detroit, with few options left but declaring bankruptcy. With U.S. retirement funds relying on Puerto Rican bonds in portfolios, the
