News from Puerto Rico:
April 19, 2014
SAN JUAN, Puerto Rico -- Seaborne Airlines, the fastest growing airline in the Caribbean, launched its non-stop daily service from Luis Munoz Marin International Airport in San Juan (SJU) to Las Americas International Airport in Santo Domingo, Dominican Republic (SDQ) on April 15, 2014.
April 17, 2014
NEW YORK, USA -- Fitch Ratings said it believes that the Puerto Rico Supreme Court decision finding recent reforms of the teachers retirement system unconstitutional presents the administration with yet another challenge as it works to stabilize the commonwealth's fiscal position.
April 10, 2014
BRIDGETOWN, Barbados -- The Inter American Press Association (IAPA) has released a number of in-depth reviews of major press freedom developments in the past six months in each of the countries of the Americas at the opening of its midyear meeting held in Barbados from April 4-7.
April 10, 2014
The Board of Chiropractors of Puerto Rico, in our duty to ensure the healthy exercise of the chiropractic profession in Puerto Rico within the framework of Law No. 492, which regulates that profession on the island, with the primary mission to ensure the health the people of Puerto Rico.
April 9, 2014
SAN JUAN, Puerto Rico -- Department of the Treasury Secretary Melba Acosta Febo reported that Puerto Rico’s preliminary revenues accrued this fiscal year for the period of July to March totaled $6,080 million, about $269 million, or 4.6 percent, more than the previous year.
April 5, 2014
SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) and Homeland Security Investigations (HSI) seized 3,373 pounds (1,530 kilos) of cocaine on Thursday inside a wooden vessel off the southern coast of Puerto Rico. The estimated value of the narcotics is $42.8 million.
April 4, 2014
SAN JUAN, Puerto Rico -- On Monday, the Caribbean Corridor Strike Force (CCSF) intercepted a Zodiac type vessel off the coast of Dorado while attempting to smuggle a load of cocaine into Puerto Rico. Two Venezuelan nationals and 1,774 kilograms of cocaine were seized during the interdiction.
March 15, 2014
SAN JUAN, Puerto Rico -- A former correctional officer in Puerto Rico was sentenced to serve 37 months in prison for attempting to smuggle heroin into state prison by delivering it to an inmate in the parking lot of the Medical Center in San Juan, Puerto Rico.
March 13, 2014
SAN JUAN, Puerto Rico -- A Dominican Republic national was sentenced on Tuesday for his leading role in trafficking the identities and corresponding identity documents of Puerto Rican US citizens. Wilfredo Blanco-Diaz, 40, formerly of Caguas, Puerto Rico, was sentenced to serve...
March 13, 2014
ARECIBO, Puerto Rico -- On January 13, 2014, the William E. Gordon radio telescope in Arecibo, Puerto Rico sustained damage following a 6.4 magnitude earthquake that was centered 37 miles northwest of Arecibo. Following the earthquake, Arecibo Observatory staff conducted a structural survey...
March 12, 2014
SAN JUAN, Puerto Rico -- Two investment groups announced plans on Monday to invest a combined total of more than $460 million in separate acquisitions that will significantly strengthen Puerto Rico's status as a high-end luxury resort destination. New York investment firm Paulson & Co. said...
March 12, 2014
SAN JUAN, Puerto Rico -- The Government Development Bank for Puerto Rico (GDB) on Tuesday announced the successful sale of tax-exempt fixed rate General Obligation (GO) Bonds of the Commonwealth of Puerto Rico in the aggregate principal amount of $3.5 billion.
March 10, 2014
JACKSONVILLE, USA -- Sea Star Line and Horizon Lines have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico.
March 8, 2014
SAN JUAN, Puerto Rico -- A former state marshal and a correctional officer in Puerto Rico were sentenced on Thursday for attempting to smuggle heroin to inmates in exchange for payment. Joel Torres-Velazquez, 49, was sentenced to serve 37 months in prison.
March 6, 2014
SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) and US Coast Guard (USCG) assets intercepted a vessel on Monday evening attempting to smuggle 38 bales of cocaine, totaling 2,432 pounds (1,103 kilos), with an approximated street value of $27.5 million.
March 4, 2014
SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) and US Coast Guard (USCG) assets intercepted a vessel on Saturday evening attempting to smuggle 30 bales of marijuana totaling 750 pounds (340.194 kilos), with an approximated street value of $1.8 million.
March 3, 2014
SIMPSON BAY, St Maarten -- Seaborne Airlines, one of the fastest-growing airlines in the region, was airborne from San Juan, Puerto Rico, to the Princess Juliana International Airport (SXM) as it executed its maiden flight to St Maarten on Saturday. Met with the traditional water cannon salute...
February 20, 2014
AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) border patrol agents detained 19 undocumented immigrants from the Dominican Republic and Haiti during separate incidents on Saturday and Monday. On Saturday afternoon, Park Rangers from the Puerto Rico...
February 14, 2014
AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP), US Coast Guard (USCG) and US Immigration and Customs Enforcement (ICE), operating under the Caribbean Border Interagency Group (CBIG) apprehended 57 undocumented migrants from Haiti, Dominican Republic and Brazil.
February 13, 2014
ST THOMAS, USVI -- Senator Janette Millin Young has cautioned leaders in the US Virgin Islands to pay close attention to the economic woes that Puerto Rico is now experiencing in order to avoid a similar fate in the USVI. Last week, Puerto Rico’s debt rating was downgraded to junk status.
February 12, 2014
SAN JUAN, Puerto Rico -- On Tuesday, Treasury Secretary Melba Acosta Febo and Government Development Bank for Puerto Rico (GDB) chairman David Chafey commented on Fitch Ratings' decision regarding outstanding bonds of the Commonwealth and related entities.
February 10, 2014
SAN JUAN, Puerto Rico -- On Friday, Treasury Secretary Melba Acosta Febo and Government Development Bank for Puerto Rico (GDB) chairman David H. Chafey commented on Moody's Investors Service's decision regarding outstanding bonds issued by Puerto Rico and related entities.
February 8, 2014
SAN JUAN, Puerto Rico -- Alberto Baco Bague, the secretary of economic development and commerce, and Giancarlo Gonzalez, Puerto Rico's chief information officer, on Friday welcomed the arrival of technology specialists from Code for America as part of an initiative to develop...
February 7, 2014
MARGARITA ISLAND, Venezuela (ACN) -- Puerto Rico advanced to the semifinals of the Caribbean Baseball Series held at Margarita Island, Venezuela, beating the host squad 5-4, a result that left Cuba without the possibility of advancing in the event. Forced to beat the undefeated Magallanes Navegantes...
February 5, 2014
NEW YORK, USA -- Standard & Poor's Ratings Services (S&P) has lowered its rating on Puerto Rico's general obligation (GO) debt to 'BB+' (non-investment grade/speculative) from 'BBB-'. At the same time, S&P downgraded Commonwealth appropriation secured debt and Employee...
February 4, 2014
SAN JUAN, Puerto Rico -- Ingrid Vila Biaggi, chief of staff to Puerto Rico Governor Alejandro Garcia Padilla, announced on Monday that a balanced budget for the 2014-2015 fiscal year will be introduced in the coming weeks. This follows more than a year of fiscal reforms, including reforms to three of...
February 3, 2014
SAN JUAN, Puerto Rico -- It seems that Puerto Rico is attracting new tourists, putting the island back on the map. When it comes to high-end hospitality, four new top notch hotels have opened in the 35 x 100 mile island. Starting with the Ritz Carlton Reserve located in Dorado...
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