What the currency shows is the values of the Puerto Rican community. ... “What took me a minute to explain in Puerto Rico took me 20 to explain in NYC,” she says.

But first, some important background: Puerto Rico has already defaulted on $221 million in debt payments, and is facing multiple lawsuits from wealthy hedge funds that own many of its bonds ...

News; Nation/World; Biden says Puerto Rico will get ‘every single dollar promised’ for recovery Oct. 3, 2022 Updated Mon., Oct. 3, 2022 at 9:16 p.m. Antonio Perez Miranda walks out of his ...

President Joe Biden, first lady Jill Biden, and Federal Emergency Management Agency administrator Deanne Criswell are visiting Ponce, Puerto Rico, on Monday – weeks after Hurricane Fiona ravaged ...

Puerto Rico had been plagued by a debt crisis that would soon be worsened by ballooning pension-fund liabilities, losses from the state-owned power company, ... their currency devalued.

Puerto Rico’s government unveiled a fiscal plan Thursday under which the commonwealth would only be able to support $2.5 billion to $14 billion of debt in the long term, a fraction of its ...

Puerto Rico’s government on Wednesday announced another multimillion-dollar default as the crisis-wracked U.S. territory seeks to restructure nearly $70 billion in public debt. According to the ...

Biden in Puerto Rico: ‘We’re going to make sure you get every single dollar promised’ By CNN Newsource Published October 3, 2022 2:00 am ...

For Puerto Rico to gain access to $8.2 billion in recovery money and $8.3 billion in disaster prevention funds, the Trump administration declared that it would have to submit budget plans to its ...