Puerto Rico

They say the board should specify a central government plan of adjustment by Nov. 30.

National Public Finance Guarantee says that hedge funds profited from their participation in mediation sessions on central government Puerto Rico bonds.

Delgado Altieri is polling essentially even with Pedro Pierluisi.

The board is searching the entire government and may find a far higher losses.

Along with substantial reductions in payouts to the GO and PBA bondholders, the board is proposing a near wipe out for HTA, ERS, PRIFA rum, MBA, and CCDA bondholders.

August and September economic activity has probably been better than that of July, analysts said, however some expect economic activity will resume its decline in October and the following months.

The presidential candidate said Puerto Rico's debt should be audited and that some of it may have to be declared illegal and thus void.

The Oversight Board said that it expects to know by Oct. 25 whether it can propose a new plan of adjustment.

Laura Taylor Swain said she will decide some of the bond insurers' arguments when she resolves continuing adversary proceedings.

Puerto Rico's governor promotes an insider to run the power authority.

The Puerto Rico Electric Power Authority would save around $600 million by using alternative energy, according to a regulatory proposal.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

Some say that Pierluisi might be more friendly to the Oversight Board than has been the case with governors up to now.

The law restricting various aspects of debt issuance goes beyond the central government to also cover the public corporations.

As of Monday it wasn't clear how the election, which was supposed to be completed Sunday, would be extended.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Bondholders, financial cooperatives and a Puerto Rico legislator offered different lines of attack on an 18-month-old bond deal.

Their suit against 11 bond underwriters will be heard in a local, rather than federal, court, the lead judge said Wednesday.