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Tuesday, January 26, 2016

Puerto Ricans flee to Dominican Republic to escape U.S. territory's economic crisis

Puerto Ricans flee to Dominican Republic to escape U.S. territory's economic crisis
SANTO DOMINGO, Dominican Republic (AP) – Carlos Gonzalez already had noticed the growing number of empty chairs and increasingly quiet slot machines at the Puerto Rico casino where he worked as he mulled a job offer in the Dominican Republic. It was 2013 ...
The fairness of bankruptcy for Puerto Rico
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After debt deadline, Puerto Rico utility gets extension to continue providing power
Puerto Rico, like its utility, is deep in debt, with more than $70 billion in liabilities to bondholders. The island's financial woes began in the 1990s, worsened with the loss of vital tax credits in 2006, and became insurmountable after the 2008 recession.
Puerto Ricans leave for jobs
SANTO DOMINGO, Dominican Republic — Carlos Gonzalez already had noticed the growing number of empty chairs and increasingly quiet slot machines at the Puerto Rico casino where he worked as he mulled a job offer in the Dominican Republic. It was 2013 ...

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