Following the footsteps of Moody’s, Fitch has announced it has downgraded the bond rating of the Puerto Rico Electric Power Authority to BBB-, leaving one notch above non-investment grade, or junk status. The downgrade is...Read More
Author: Pasquines Staff
UPDATE: Added the reactions of the Governor and Resident Commissioner of Puerto Rico The Supreme Court of the United States has finally issued its long awaited rulings on the Defense of Marriage Act and Proposition 8 cases,...Read More
Yesterday Moody’s announced its downgrade of the Puerto Rico Electric Power Authority bond ratings from a Baa2 to Baa3 classification, with a negative outlook. Moody’s rationale for the downgrade is the belief that...Read More
Ohio State Representative for the 56th District Dan Ramos has introduced a new resolution in the Ohio House of Representatives in support of Puerto Rico’s statehood. The measure, HCR 28, urges “…the Congress of...Read More
In an interview on CNN the governor of Puerto Rico Alejandro Garcia Padilla said that statehood would mean that Puerto Rico would turn into a Latin American ghetto, due to what he alleged were devastating economic consequences....Read More
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