Puerto Rico

Puerto Rico’s nonvoting House representative said that President Trump has selected Coast Guard Rear Adm. Peter Brown to serve as disaster czar.

On Sunday Puerto Rico's governor said she would oppose rate increases to support the authority's debt restructuring.

The ERS bondholders' lien didn't survive the bankruptcy filing, the First Circuit Court of Appeals said.

An Oversight Board lawyer said that an announcement might be made in the next 30 days.

Puerto Rico's legislature may not want to approve what would effectively be an electricity rate increase, said analysts at a recent conference.

Issues surrounding revenue bonds may delay resolution on the central government debt.

The secondary market price has risen 40% since June 11.

Only $14.9 billion has been disbursed out of the $48.35 billion allocated by Congress since Hurricane Maria.

The index increased in comparison to figures from a year and month earlier.

While the aid is for repairs following 2017's Hurricane Maria, some are particularly welcoming it now after earthquakes have shaken the southwest for two weeks.

The announcement Monday involved last March’s ruling by the First Circuit Court of Appeals on the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

Gov. Gavin Newsom sent the specialists to aid the commonwealth in rebuilding.

The bondholders appeal to the U.S. First Circuit Court in Boston.

Moody's says handling electrical demand will be a challenge for the island.

Swain allowed ERS bondholders' other lines of argument to continue.

On Monday there was a magnitude 5.7 earthquake Monday and Tuesday a 6.4 earthquake was followed by a 5.6 earthquake and multiple smaller aftershocks.

The Census Bureau’s 3,193,694 estimate for July 1 is 2.6% higher than the Oversight Board predicted for the date in its May 2019 fiscal plan.

Mediation Team Leader Barbara Houser said that mediation has recently been "productive" and should be given more time.

To avoid a return of the economic downturn, the board may need to improve its program to promote economic growth. Part V of a five-part series.

Three Puerto Rico-based economists offer alternatives to the board's plans. Part IV of a five-part series.