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Posts tagged to Puerto Rico

Puerto Rico Reform: Doomed before Hurricane Maria even struck, but plans to bring back prosperity begin

MarketLine

On the evening of September 16 2017, Puerto Rico was struck by Hurricane Maria. With a huge economic downturn over the last decade and a $70bn debt bill from the US, this has added greatly to the Puerto Rico’s current problems. President Trump has spoken clearly about the debt problem and has shown little empathy to the US territory. The damaged infrastructure on the island has attracted  commercial interest from the likes of Google and Tesla, with companies like these speaking about plans to help  Puerto Rico reform. The Puerto… Read more