Following a contraction of 6.2 percent in 2017, Moody’s Credit Standards and Strategy Group expects Puerto Rico’s economy to shrink by another 6 percent to 7 percent this year, with some rebound in the second ...
Liberty Puerto Rico has restored 80 percent of its infrastructure, ravaged by Hurricanes Irma and María last September, and expects to be fully back online by June, after investing $130 million in repairs.
Puerto Rico Resident Commissioner Jenniffer González grilled Puerto Rico Electric Power Authority Executive Director Walter Higgins and his staff on progress to restore 100 percent of the island’s electricity and on the system’s reliability.