Puerto Rico presses on for statehood

Puerto Rico Pressing On in Its Quest for Statehood https://t.co/bBTUEPJXFN

— Eric (@Ericpr40) August 22, 2017

The current administration is not slowing down in its quest to have the US territory admitted as the 51st state.

Puerto Rico as a tax haven

A little-known tax loophole may make Puerto Rico a good place for foreigners to keep cash https://t.co/gLJl72r9px pic.twitter.com/BSX4IFjUWB

— Bloomberg (@business) August 22, 2017

Business publications are making note of Puerto Rico and its laws which might make it an attractive tax haven.

Tax revenues up

Puerto Rico Treasury collected $649 million in tax revenues in July. ***8% more than projected #muniland https://t.co/dTqoF8pxpj

— Cate Long (@cate_long) August 21, 2017

The Puerto Rico Department of the Treasury is reporting that tax revenues were higher than expected; a small victory for the administration.

Oversight Board facing existential threats

Puerto Rico fiscal board chairman: ‘We aren’t acting crazy’ https://t.co/s479tLyikH via @CaribBusiness

— Eva Llorens (@LlorensEva) August 26, 2017

Lawsuits against Puerto Rico now include the Oversight Board and its composition.

Unions confront Oversight Board

Union files complaint about #PROMESA Oversight Board: https://t.co/h2M6EzNA8I

— Puerto Rico Report (@PRicoReport) August 24, 2017

Joining the group of lawsuits, are new efforts by unions to oppose the measures being implemented by the Oversight Board.