February 5, 2023

Puerto Ricans won’t accept US-imposed austerity without a fight

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From Caribbean News Now SAN JUAN, Puerto Rico — June 30 was a historic day for Puerto Rico, albeit an unhappy one. US President Barack Obama signed into law the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA), which imposes a fiscal control board with extraordinary emergency powers over the government of Puerto Rico. […]

[US] House takes USVI out of Puerto Rico debt bill

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From St. Croix Source The U.S. House of Representatives approved a bill laying out a framework to address Puerto Rico’s debt crisis with a powerful oversight board Thursday, after removing a provision that would have allowed the U.S. Virgin Islands to seek protection from creditors the same way. Delegate Stacey Plaskett and Gov. Kenneth Mapp […]