Three plus months after Maria, barely half of Puerto Rico has power
Jamaica Observer

SAN JUAN, Puerto Rico (AP) — Puerto Rico authorities said Friday that nearly half of power customers in the US territory still lack electricity more than three months after Hurricane Maria, sparking outrage among...

More than 3 months after Maria, barely half of Puerto Rico has power
Trinidad Guardian

SAN JUAN, Puerto Rico — Puerto Rico authorities said Friday that nearly half of power customers in the U.S. territory still lack electricity more than three months after Hurricane Maria. Officials said 55 percent of...

Vulnerable Puerto Rico fears US tax law will crush economy
Jamaica Gleaner

The sweeping federal tax rewrite approved on Wednesday outraged officials in Puerto Rico, who said it threatens to crush the backbone of the island's economy at a time when they need...

UN steps in to assess help for American territory
Jamaica Gleaner

A United Nations expert on extreme poverty and human rights met Monday with hurricane victims in Puerto Rico as complaints grow about the United States government's response to a Category 4 storm.UN envoy Philip Alston...

Democratic senators present US$146B bill for Puerto Rico, US Virgin Islands
Jamaica Observer

WASHINGTON, United States (AFP) — Democratic senators Bernie Sanders and Elizabeth Warren proposed a bill Tuesday earmarking US$146 billion for the reconstruction of the hurricane-hit US territories of Puerto Rico...

Judge: Outsider will not oversee Puerto Rico power company
Jamaica Gleaner

Puerto Rico's government scored a big win in court Monday after a judge rejected the appointment of a former military officer to oversee the US territory's troubled power company.A federal control board overseeing Puerto...

Broadway sensation Hamilton heading to Puerto Rico
Jamaica Observer

NEW YORK, United States (AFP) — Hamilton creator Lin-Manuel Miranda announced Wednesday that he will bring the smash hit musical to Puerto Rico in 2019 as he rallies behind the hurricane-hit island's reconstruction.

Hurricane sets off fierce debate about leaving Puerto Rico
Jamaica Observer

SAN JUAN, Puerto Rico (AP) — The disaster wrought by Hurricane Maria has set off an anguished debate across Puerto Rico, where friends, family and co-workers are arguing fiercely over the morality of leaving the...

McGavick underinsurance shames industry
Royal Gazette

Insurers should be ashamed every time a major event results in a large gap between economic losses and insured losses, according to Mike McGavick. Mr McGavick, chief executive officer of Bermudian-based XL Catlin, said...

Bacardí Visitor Center Re-Opens In Puerto Rico
Bernews

Casa Bacardí visitor center, one of Puerto Rico’s top tourism attractions, has reopened as of November 1. While the Casa Bacardí campus suffered minor damage during Hurricane Maria, the largest premium rum...

Assured Guaranty Declares Quarterly Dividend
Bernews

Assured Guaranty Ltd. — a publicly traded Bermuda-based holding company — declared a quarterly dividend of $0.1425 per common share. The dividend is payable on November 29, 2017 to shareholders of record at the...

More than 73,000 Puerto Ricans flee for Florida after Hurricane Maria
Jamaica Observer

MIAMI, United States (AFP) — More than 73,000 people have fled emergency conditions in Puerto Rico for Florida since Hurricane Maria devastated the US territory in the Caribbean.The island of about 3.4 million was...

Trade minister Gopee-Scoon: Govt to crack down on profiteering
Trinidad Guardian

Government will closely monitor post-budget price adjustments to address any profiteering since businesses must also be part of the 2018 burden-sharing, Trade Minister Paula Gopee-Scoon said yesterday. Speaking in the...

Puerto Rico tourism craters in wake of Hurricane Maria
Jamaica Gleaner

The narrow blue cobblestone streets of Old San Juan are deserted. Cigar shops are boarded up. Boutiques in bright colonial buildings are closed."It's like a ghost town," said Mike Maione, a 57-year-old tourist from...

Google parent turns on internet balloons in Puerto Rico
Trinidad Guardian

MENLO PARK, Calif. — Google's parent Alphabet Inc. said last Friday that its stratospheric balloons are now delivering the internet to remote areas of Puerto Rico where cellphone towers were knocked out by Hurricane...

Google parent turns on internet balloons in Puerto Rico
Trinidad Guardian

MENLO PARK, Calif. — Google's parent Alphabet Inc. said last Friday that its stratospheric balloons are now delivering the internet to remote areas of Puerto Rico where cellphone towers were knocked out by Hurricane...

Google parent floats Internet balloons in Puerto Rico
Jamaica Gleaner

Google's parent Alphabet Inc said Friday that its stratospheric balloons are now delivering the internet to remote areas of Puerto Rico where cellphone towers were knocked out by Hurricane Maria.Two of the search giant's...

Bacardi distillery recovers from Maria
Royal Gazette

After Hurricane Maria, Puerto Ricos physical destruction multiplied its financial crisis. But at least one revenue generator is up and running rum. On the western edge of San Juan Bay in a small town called Catano, a...

Balloons to help restore Puerto Rico's cell networks
Jamaica Observer

NEW YORK, United States (AFP) — Google's parent company is set to launch balloons into the Caribbean skies in an attempt to restore telephone networks in hurricane-ravaged Puerto Rico.Alphabet Inc, which controls...

Solar courts Puerto Rico, and the island is all ears
Royal Gazette

Bloomberg The US solar industry is about to airlift rooftop panels and batteries to Puerto Rico, where more than 90 per cent of homes and businesses remain without electricity after Hurricane Maria destroyed the grid. The...

Assured Guaranty Withdraw Puerto Rico Lawsuit
Bernews

Saying that due to the “crisis in Puerto Rico following Hurricane Maria, and the high likelihood that the Fiscal Plan will have to be revised,” Bermuda-based Assured Guaranty withdrew their lawsuit challenging...

David Jessop | Puerto Rico: An island apart
Jamaica Gleaner

On October 2, two of the world’s leading humanitarian relief agencies, Oxfam and Save the Children, felt it necessary to speak out about the inadequate United States federal response to the emerging disaster in...

Trump to request $29b for storm-hit Puerto Rico
Jamaica Observer

WASHINGTON, United States (AFP) — US President Donald Trump will ask Congress for a bumper $29-billion package of emergency relief for Puerto Rico in the wake of Hurricane Maria, officials told AFP Wednesday.Trump...

Puerto Rico bonds sink after bailout comment
Jamaica Gleaner

Puerto Rico bonds sink after bailout commentPresident Donald Trump helped sink Puerto Rican bond prices with talk of wiping out the United States territory's debt, but his budget director dismissed the idea of a bailout...

RMS Estimates Insured Losses From Maria
Bernews

RMS, a global risk modeling and analytics firm, has estimated that the insured loss from Hurricane Maria will be between USD $15 and $30 billion. This estimate represents the insured losses associated with wind, storm...

Now even money is running out in hurricane-hit Puerto Rico
Jamaica Gleaner

First, Hurricane Maria knocked out power and water to Puerto Rico. Then diesel fuel, gas and water became scarce. Now, it's money.The aftermath of the powerful storm has resulted in a near-...

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