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A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.
January 17 -
Moody's said the delay may signal the damage to the island's economic prospects is worse than officials thought, suggesting the return for bondholders will be even lower.
January 12 -
Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.
January 11 -
Puerto Rico oversight law's constitutionality comes under fire as investors' and workers' interests intersect.
January 10 -
The Puerto Rico Oversight Board named four key energy projects as potentially eligible for a special permitting process.
January 8 -
Debt service may be cut from 24 cents on the dollar as the commonwealth deals with recovery from Hurricane Maria.
January 5 -
The workers would join 3,500 already on the island, where 45% of the power authority's customers are still without service after September's hurricanes.
December 29 -
The Puerto Rico Oversight Board gave extensions to Puerto Rico’s government and public authorities for fiscal plan submissions.
December 21 -
Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.
December 15 -
Puerto Rico’s electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday -- months longer than the timeline offered by the island’s governor.
December 14 -
The Puerto Rico Electric Power Authority named 11 experts in grid reliability and restoration to a senior-level advisory council, part of a long-term effort to improve service, lower costs, and reduce prices.
December 12 -
Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress passed at the end of October.
December 8 -
By continuing to insist on their pound of flesh, bondholders will lose more.
December 7
IEEFA -
Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.
December 5 -
Sen. Bernie Sanders, I-Vt., introduced a comprehensive support bill for Puerto Rico and the U.S. Virgin Islands Tuesday, calculated to cost up to $146 billion.
November 28 -
The engineer who led the restoration of electrical service in New York City after Superstorm Sandy has been appointed to oversee the recovery of Puerto Rico's power grid.
November 27 -
Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.
November 20 -
The Puerto Rico Electric Power Authority governing board said it was gathering a Transformation Advisory Council of utility industry leaders.
November 20 -
Ramos had been under fire over his management of disaster response and contract and hiring practices.
November 17 -
U.S. Sen. Elizabeth Warren and Rep. Nydia Velázquez called for the Oversight Board to eliminate all of Puerto Rico’s public sector debt.
November 15














