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Puerto Rico authorities seize cocaine concealed inside boat hull

February 6, 2016
Puerto Rico authorities seize cocaine concealed inside boat hull FAJARDO, Puerto Rico -- US Customs and Border Protection (CBP) and US Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) seized 86 pounds (39 kilos) of cocaine found on Wednesday concealed inside the hull of a 26 foot boat. The estimated value...

Thirteen Cuban migrants apprehended after landing on Mona Island

February 4, 2016
Thirteen Cuban migrants apprehended after landing on Mona Island AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) Air and Marine Operations and Border Patrol Agents apprehended 13 undocumented immigrants from Cuba, after they landed on Monday on Mona Island. Park Rangers from the Puerto Rico Department of...

Puerto Rico authorities seize half a million dollars inside shipping container

February 2, 2016
Puerto Rico authorities seize half a million dollars inside shipping container SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) officers stopped an illegal exportation of currency when officers searched a cargo container intended to be shipped to the Dominican Republic on board the Caribbean Fantasy ferry this past week. Utilizing high-tech equipment...

Caribbean Baseball Series kicks off in Dominican Republic

February 2, 2016
Caribbean Baseball Series kicks off in Dominican Republic SANTO DOMINGO, Dominican Republic (ACN) -- Puerto Rico were due to face Venezuela on Monday and Mexico were to challenge the hosts Dominican Republic at the beginning of the 2016 Santo Domingo Caribbean Baseball Series, which continues until February 7.

Puerto Rico trade community familiarized with transition to single reporting system

January 30, 2016
Puerto Rico trade community familiarized with transition to single reporting system SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) San Juan Office of Field Operations on Wednesday hosted the Automated Commercial Environment (ACE) Symposium to familiarize the local trade community about the transition to a single window for import and...

Letter: Puerto Rico municipal bond scandal may claim yet another victim

January 28, 2016
Letter: Puerto Rico municipal bond scandal may claim yet another victim It appears that Treasury Secretary Jack Lew has become the target of a congressional ethics investigation. Secretary Lew previously held the position of COO of Citibank. Citibank issued many of the defaulted bonds issued by the Commonwealth of Puerto Rico. The Small and Medium...

Puerto Rico authorities seize cocaine found in cruise ship cabin

January 26, 2016
Puerto Rico authorities seize cocaine found in cruise ship cabin SAN JUAN, Puerto Rico -- Field Operations officers from US Customs and Border Protection (CBP) on Sunday seized 11 Kilograms (24 lbs) of cocaine on the M/S Jewel of the Seas. The contraband was found by CBP officers during a cabin inspection upon arrival of the vessel.

Two migrant stowaways inside container arrested in Puerto Rico

January 26, 2016
Two migrant stowaways inside container arrested in Puerto Rico SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) Field Operations officers arrested two undocumented migrants last week found inside a container on board a vessel arriving from Rio Haina, Dominican Republic. Oscar Guillermo Aquino-Perez, 30, a citizen of the...

WINAIR adds new destinations

January 25, 2016
WINAIR adds new destinations PHILLIPSBURG, St Maarten -- WINAIR has added three new destinations to its winter 2015/2016 schedule. In addition, WINAIR has increased frequencies of flights to St Kitts, Nevis and Tortola. WINAIR commenced scheduled service to Antigua on January 19, providing easy connection...

Commentary: I threw a pebble in a pond and started a ripple

January 21, 2016
Commentary: I threw a pebble in a pond and started a ripple You might not believe what I am about to tell you but I hope you read this article through to the end. My company invested in developing a large solar power plant for the Puerto Rico Electric Power Authority (PREPA). PREPA is one of the largest government owned utilities in the world.

US issues travel alert over zika virus in Caribbean

January 18, 2016
US issues travel alert over zika virus in Caribbean ATLANTA, USA -- The US Centers for Disease Control and Prevention (CDC) on Friday issued a travel warning for the Caribbean region where infection with zika, a mosquito-borne virus, is a risk. The CDC also cautioned pregnant women not to travel to those areas as zika has been linked...

Puerto Rico investment summit announces top speaker line-up

January 14, 2016
Puerto Rico investment summit announces top speaker line-up SAN JUAN, Puerto Rico -- The Puerto Rico Investment Summit, the Caribbean’s premier investor’s conference – has revealed some new additions to its two-day event, which include John Paulson, Michael Tennenbaum, Rudolph Giuliani, Nicholas Prouty and Jim Millstein.

Authorities seize 340 pounds of cocaine in Puerto Rico; one man arrested

January 12, 2016
Authorities seize 340 pounds of cocaine in Puerto Rico; one man arrested AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) Air and Marine Operations and Border Patrol Agents, along with the Isabela Municipal Police, seized 340 pounds(154 kilos) of cocaine found concealed in Montones beach in Isabela, late Thursday night.

Bond insurers file suit to stop Puerto Rico's 'clawback'

January 9, 2016
Bond insurers file suit to stop Puerto Rico's 'clawback' HAMILTON, Bermuda -- Bond insurance subsidiaries of Assured Guaranty Ltd (together with its subsidiaries, Assured Guaranty) filed suit on Thursday challenging the constitutionality of the revenue clawback instituted by Puerto Rico late last year. Assured Guaranty believes the clawback of revenues...

Ten thousand counterfeit toys seized in Puerto Rico

January 5, 2016
Ten thousand counterfeit toys seized in Puerto Rico SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) field operations officers completed the seizure of 10,000 counterfeit toy dolls arriving in Puerto Rico in a shipment from China. The estimated domestic value of the shipment is $41,250. CBP officers inspected a container...

Puerto Rico reports first case of zika virus

January 4, 2016
Puerto Rico reports first case of zika virus SAN JUAN, Puerto Rico -- Puerto Rico has reported its first case of zika, a mosquito-borne virus that has been spreading across South America and the Caribbean and has been linked by Brazilian authorities to a serious birth defect, a US congressman said Thursday.  Pedro Pierluisi, Puerto Rico's...

Thirteen undocumented Cuban migrants reach Mona Island off Puerto Rico

December 30, 2015
Thirteen undocumented Cuban migrants reach Mona Island off Puerto Rico AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) has issued a public warning upon the landing in Mona Island on Monday of 13 undocumented migrants from Cuba. US Coast Guard Sector San Juan notified the Border Patrol Ramey Sector Communications Center...

Puerto Rico to make major upgrades to San Juan water infrastructure in federal settlement

December 24, 2015
Puerto Rico to make major upgrades to San Juan water infrastructure in federal settlement SAN JUAN, Puerto Rico -- Under two settlements with the Department of Justice and the US Environmental Protection Agency (EPA), three Puerto Rico government agencies have agreed to upgrade portions of storm water systems they own within the Municipality of San Juan.

Puerto Rico bondholders launch campaign urging governor to take constructive action

December 18, 2015
Puerto Rico bondholders launch campaign urging governor to take constructive action WASHINGTON, USA -- Main Street Bondholders has launched a new radio campaign in Puerto Rico, featuring member Teresa Garcia. In the ad, Garcia highlights the plight facing all small Puerto Rico bondholders, who stand to lose their life savings. She says: "I am like thousands of Puerto Ricans...

Letter: Puerto Rico debt

December 18, 2015
Letter: Puerto Rico debt One action the Puerto Rican government might consider to alleviate at least some of its debt burden would be the legalization of cannabis cultivation and export. With the ever expanding movement towards legalization for recreational use worldwide, the island is ideally suited to profit from such an...

Commentary: Only the young can save Puerto Rico

December 17, 2015
Commentary: Only the young can save Puerto Rico Every year hundreds of millions of dollars in public funds are allegedly stolen by Puerto Rico’s professional political class and government workers. Money that could not only pay Puerto Rico’s debt payments but help pay off their staggering debt. Because of this, government services are curtailed.

Ten indicted in Puerto Rico for conspiracy to commit bribery, wire fraud and extortion

December 4, 2015
Ten indicted in Puerto Rico for conspiracy to commit bribery, wire fraud and extortion SAN JUAN, Puerto Rico -- Ten Puerto Rico businessmen and government officials have been indicted for their alleged participation in several schemes corruptly to give things of value to public officials within the government of Puerto Rico in exchange for favourable treatment and awarding of...

Commentary: Puerto Rico government officials try to save the goose that lays their golden eggs

December 3, 2015
Commentary: Puerto Rico government officials try to save the goose that lays their golden eggs On November 4, 2015, the governor of Puerto Rico submitted the PREPA Revitalization Plan to the Puerto Rico Legislature. It needed to be approved by the 12th and was not. The revitalization plan was written to gain approval from bondholders and insurers for a major financial restructure of the...

Commentary: The FBI and US Attorney embrace the culture of corruption in Puerto Rico

November 26, 2015
Commentary: The FBI and US Attorney embrace the culture of corruption in Puerto Rico If I were to tell you that Puerto Rico is so corrupt that not even the FBI or US Attorney on the island could be trusted to protect its citizens, you would find it hard to believe. But that is exactly what is happening in Puerto Rico. With the FBI and US Attorney turning a blind eye to government corruption in...

Commentary: The problem with Puerto Rico is its colonial status

November 10, 2015
Commentary: The problem with Puerto Rico is its colonial status You should know that my beautiful Island of Puerto Rico, where I was born and grew up, is going through a very difficult financial crisis with a historic deficit of $72 billion dollars. You should also know that last week, on Thursday, November 5, there was a huge march in Puerto Rico demanding the United States...

Heavy rains forecast for Lesser Antilles and Puerto Rico

November 7, 2015
Heavy rains forecast for Lesser Antilles and Puerto Rico MIAMI, USA -- A large area of cloudiness and showers extending from near the Lesser Antilles eastward for several hundred miles is associated with the interaction of an upper-level trough and a west-northwestward moving tropical wave. According to the National Hurricane Center in Miami...

Twenty migrants discovered disembarking on Puerto Rico's west coast

November 6, 2015
Twenty migrants discovered disembarking on Puerto Rico's west coast AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) Border Patrol, air interdiction agents and Puerto Rico Police officers have apprehended 20 undocumented migrants from Haiti and the Dominican Republic during the process of disembarking near the coastal town of Aguada.

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