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Monday, February 1, 2016

Dos policías mueren en accidente de tránsito en la vía Guayaquil-Machala - El Universo

Dos policías mueren en accidente de tránsito en la vía Guayaquil-Machala - El Universo

Dos policías mueren en accidente de tránsito en la vía Guayaquil-Machala
El Universo
Dos policías fallecieron la madrugada de este lunes en un accidente de tránsito registrado en el kilómetro 51 de la vía Guayaquil-Machala. El patrullero en el que se trasladaban Ángel Guillermo Mascotaves y Juan Carlos Vicuña se impactó contra un ...

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Puerto Rico Power Authority’s Debt Is Rooted in Free Electricity
AGUADILLA, P.R. — To understand how Puerto Rico’s power authority has piled up $9 billon in debt, one need only visit this bustling city spread along a bay on the northwest coast. Twenty years ago, it was just another town with dwindling finances and a ...

Puerto Rico seeks bond swap in proposed deal

Puerto Rico seeks bond swap in proposed deal
San Juan • Puerto Rico's government is pushing a bond swap with creditors to help generate revenue as U.S. legislators prepare to consider creating an oversight authority to help pull the island out of a deepening economic crisis. The U.S. territory on ...
Asesinó a su esposa, a su cuñado e intentó quitarse la vida - El Universal - Colombia

Asesinó a su esposa, a su cuñado e intentó quitarse la vida
El Universal - Colombia
Dos muertos y un herido, es el balance trágico que queda de hechos registrados al mediodía de este lunes en el barrio San Pedro Mártir. De acuerdo con las primeras informaciones, un hombre asesinó a su esposa, luego hizo lo mismo con su cuñado y ...

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Se cruzó con el asesino de su hijo en la calle - Infonews

Infonews

Se cruzó con el asesino de su hijo en la calle
Infonews
Lisandro fue atropellado cuando caminaba con su hermanito en Villa Madero en septiembre de 2015. Tenía 8 años y murió en el acto, tras ser arrollado por un auto que circulaba en contramano. Cecilia Figueroa, su madre, se cruzó con el asesino en la ...

Puerto Rico's utility PREPA 2014 operating income down 37 pct

Puerto Rico's utility PREPA 2014 operating income down 37 pct
NEW YORK, Feb 1 (Reuters) - Puerto Rico's utility PREPA, which has been negotiating a restructuring deal with creditors, on Monday released its financial statements for 2014, showing a 37 percent slide in operating income for the year. Operating income for ...
Puerto Rico Offers Washington $23B Debt Restructuring Plan
The old US$49.2 billion of debt would be exchanged for US$26.5 billion of fresh “base bonds.” Puerto Rico unveiled Monday an offer it made to its creditors to restructure US$49.2 billion of existing debt, slashing debt repayments by almost US$23 billion.

House Republicans to push Puerto Rico bill by end of March - Reuters

House Republicans to push Puerto Rico bill by end of March - Reuters

House Republicans to push Puerto Rico bill by end of March
Reuters
The U.S. Treasury Department has called on Congress to create a fiscal control board for Puerto Rico. Puerto Rico Governor Alejandro Garcia Padilla has said his administration would seek to ensure that any such board would respect the island's autonomy.

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Puerto Rico Power Authority's Debt Is Rooted in Free Electricity - New York Times

New York Times

Puerto Rico Power Authority's Debt Is Rooted in Free Electricity
New York Times
In fact, the power authority has been giving free power to all 78 of Puerto Rico's municipalities, to many of its government-owned enterprises, even to some for-profit businesses — although not to its citizens. It has done so for decades, even as it ...

Obama likely to discuss TPP, Puerto Rico with Republican leaders: White House - Reuters

Reuters

Obama likely to discuss TPP, Puerto Rico with Republican leaders: White House
Reuters
WASHINGTON President Barack Obama is likely to discuss a range of issues from international trade to Puerto Rico's fiscal crisis when he meets with House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell on Tuesday, White House ...

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Zika virus: The last thing Puerto Rico needed - CNBC

CNBC

Zika virus: The last thing Puerto Rico needed
CNBC
With a 45 percent poverty rate and staggering debt of $70 billion, Puerto Rico was already in dire straits. Now add 19 confirmed cases of the mosquito-borne Zika virus. The World Health Organization has described the virus, which is associated with ...
World NewsPuerto Rico tries to buy time with bond 'exchange' planFinancial Times
Puerto Rico seeks huge debt haircut, creditors frustratedReuters
Washington tries to weigh in as Puerto Rico struggles to find a solution to its debt crisisWashington Post
Bloomberg -Barron's -STLtoday.com
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Puerto Rico to release draft of 2014 unaudited statements soon-official - Reuters

Puerto Rico to release draft of 2014 unaudited statements soon-official
Reuters
Feb 1 Puerto Rico is to release a draft of its unaudited 2014 financial statements in the next few days, Public Affairs Secretary Jesus Manuel Ortiz told reporters on Monday. The U.S. territory is far behind on filing its audited statements, and in ...

Puerto Rico seeks huge debt haircut, creditors frustrated

Puerto Rico seeks huge debt haircut, creditors frustrated
NEW YORK/SAN JUAN | By Megan Davies and Nick Brown With $70 billion in debt, a 45 percent poverty rate and a steady exodus of its population to the mainland, the U.S. territory is trying to crawl out of an economic swamp before substantial debt payments ...
Puerto Rico Faces Hurdles Seeking a 46% Cut in Debt
Puerto Rico’s debt restructuring plan unveiled today is unlikely to get much traction from bondholder groups because it would require them to accept big losses on debt. Puerto Rico proposed to cut its $49.2 billion of tax-supported debt by 46% to $26.5 ...