Puerto Rico

The Puerto Rico Senate may still vote to exempt guaranteed and trust debt from a debt payment moratorium.

A vote on the Puerto Rico bill may be stalled until mid-July as many, including unions and other groups, press for changes to address concerns over debt restructuring and oversight board provisions as well as to protect the island's pensioners

Puerto Rico's Senate is set to approve a bill Tuesday that would allow the governor to retain the right to declare debt payment moratoriums on virtually all of the island's debt, according to the Senate's leader.

The primary union at the Puerto Rico Electric Power Authority has sued to overturn the law that paved the way for its restructuring agreement with creditors.

Puerto Rico Gov. Alejandro García Padilla appointed Víctor Suárez Meléndez to lead the commonwealth’s debt restructuring and oversee its management of debt.

The Puerto Rico House of Representatives voted overwhelmingly to exempt certain debt from eligibility for a payment moratorium it passed in April.

Puerto Rico Gov. Alejandro García Padilla is pushing Puerto Rico legislators to let him retain the right to halt all debt payments starting July 1 as they consider legislation to amend the payment moratorium bill signed earlier this month.

Puerto Rico got a mixed March employment report from the U.S. Bureau of Labor Statistics Friday.

House Republican leaders plan to hold a policy meeting Friday morning with their members on pending legislation for Puerto Rico to try to gain more support for it.

Puerto Rico’s economy has been worse that reported, according to the most widely cited measure of its economic activity.