Puerto Rico

The authority says the Puerto Rico Oversight Board is illegally telling it how non-debtor government bodies must act.

The Unsecured Creditors Committee, a PREPA union and a PREPA retiree group disagree. They want litigation to start.

They want at least 14 days more for the debt restructuring mediation process.

Revenues for the first 11 months of the fiscal year outpaced the Oversight Board's 12-month expectations.

Several U.S.-based Puerto Rican diaspora groups call for full debate of the proposed status plebiscite and possible amendments to it.

The ruling means the Puerto Rico government will have $400 million less in its coffers.

The governor refused board's order to suspend implementation and enforcement of the new law that the board says will hurt the island's labor market and revenues.

PROMESA and the oversight board helped, but there is no economic plan going forward and recent government actions will create problems for the island's future, analysts said.

The current territorial status would not be an option in a Puerto Rico voter plebiscite.

New York Fed president calls Puerto Rico's recovery from the COVID-19 slump "astounding."