Keyword: puertorico
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The draft "Law on Moratorium Emergency and Financial Rehabilitation of Puerto Rico" would give many absolute and unilateral powers to governor Alejandro García Padilla, including the option of expropriating properties from private companies that refuse to continue to provide services to the Government during an emergency declaration. According to the bill, which was approved this morning in the House of Representatives after being approved in the Senate yesterday, the governor "may take all reasonable and necessary measures to continue providing essential public services and protect the health, safety and welfare, including, without limitation, expropriating property rights of a contractor". That...
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<p>SAN JUAN, Puerto Rico (AP) — Retail giant Walmart won a legal victory Monday in a fight over taxation by Puerto Rico's government.</p>
<p>A federal judge in the U.S. island territory ruled that a modified tangible-property tax is invalid. The ruling was issued as Puerto Rico's government rushes to find new sources of revenue and a debt restructuring mechanism from the U.S. Congress while struggling through a decade-long economic crisis.</p>
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Retail giant Walmart won a legal victory Monday in a fight over taxation by Puerto Rico’s government. A federal judge in the U.S. island territory ruled that a modified tangible-property tax is invalid. The ruling was issued as Puerto Rico’s government rushes to find new sources of revenue and a debt restructuring mechanism from the U.S. Congress while struggling through a decade-long economic crisis. Gov. Alejandro Garcia Padilla said his government will appeal the decision. “The judge just took away $100 million from the people of Puerto Rico and gave it to Walmart,” he said, referring to the revenue the...
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Politicians in Washington are coalescing around a financial plan to rescue Puerto Rico, just weeks before an expected major default on bond payments that would spread more turmoil through the island’s shaky economy. The plan, being drafted as legislation by House Republicans, would not grant Puerto Rico’s most fervent request: permission to restructure its entire $72 billion debt in bankruptcy. It would, however, give the island certain crucial tools that bankruptcy proceedings can offer — but only if it first comes under close federal oversight and meets other conditions. The oversight would be provided by a five-member voting board, selected...
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SAN JUAN, Puerto Rico (AP) — Federal authorities in Puerto Rico have arrested a California man who allegedly traveled to Puerto Rico to have sex with a minor. U.S. Immigration and Customs Enforcement said Wednesday that 38-year-old Shane Yoder of Fairfield told an undercover agent he was going to the U.S. territory to have sex with a 9-year-old girl. He has been charged with attempted sexual trafficking of minors. It was not immediately clear if he had an attorney. Yoder was the president of the Islamic Circle of North America chapter in Sacramento, California.
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Sotomayor Helps Puerto Rico Argue Its Bankruptcy Case Noah Feldman Before Tuesday, I’d have said that Puerto Rico had no chance to win its legal fight to let its municipalities and utilities declare bankruptcy. That's how the island hopes to resolve its overwhelming debt problems, but the federal bankruptcy code says that it can't. That's what the U.S. Court of Appeals for the First Circuit held last summer, unanimously. The statute seemed so clear that even Judge Juan Torruella, the appellate court’s only Puerto Rican member, concurred in an outraged separate opinion criticizing the federal law. Then Sonia Sotomayor stepped...
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In a surprise to everyone in Los Angeles and probably most people in San Juan, Puerto Rico, pop superstar Rihanna announced today in an interview that she is moving to San Juan. Rihanna said that she was “tired of the L.A. lifestyle” and wanted to “live in a place where people are real and genuine”. She recently visited the area for a few days and, according to her publicist, “Rihanna has been to San Juan many times in the past but this time she just felt so strongly that this is the place she needs to be at this time...
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Before Tuesday, I’d have said that Puerto Rico had no chance to win its legal fight to let its municipalities and utilities declare bankruptcy. That's how the island hopes to resolve its overwhelming debt problems, but the federal bankruptcy code says that it can't. That's what the U.S. Court of Appeals for the First Circuit held last summer, unanimously. The statute seemed so clear that even Judge Juan Torruella, the appellate court’s only Puerto Rican member, concurred in an outraged separate opinion criticizing the federal law. Puerto Rico's Slide Then Sonia Sotomayor stepped in. Oral arguments before the Supreme Court...
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White House officials would not tell NBC News whether President Obama will raise the issue of 70 fugitives from U.S. justice — including convicted cop-killer JoAnne Chesimard — who are hiding in Cuba when he meets Cuban leaders during his visit to the island. ... Chesimard, who fled to Cuba in 1984 after escaping from a New Jersey prison in 1979, was convicted of the 1973 execution-style murder of New Jersey State Trooper Werner Foerster. She is on the FBI's Most Wanted International Terrorists list, and is the most notorious of a group of criminals and violent radicals who have...
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Denmark overtook Switzerland as the world's happiest place, according to a report on Wednesday that urged nations regardless of wealth to tackle inequality and protect the environment. The report, prepared by the Sustainable Development Solutions Network (SDSN) and the Earth Institute at Columbia University, showed Syria, Afghanistan and eight sub-Saharan countries as the 10 least happy places on earth to live. The top 10 this year were Denmark, Switzerland, Iceland, Norway, Finland, Canada, Netherlands, New Zealand, Australia, and Sweden. Denmark was in third place last year, behind Switzerland and Iceland. The bottom 10 were Madagascar, Tanzania, Liberia, Guinea, Rwanda, Benin,...
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A U.S. federal judge has upheld Puerto Rico's ban on same-sex marriage and ruled that the U.S. Supreme Court's ruling last year that legalised gay marriage does not apply to Puerto Rico since it is an "unincorporated territory" and not a U.S. state. In his decision, U.S. District Court Judge Juan Perez-Gimenez wrote, "One might be tempted to assume that the constant reference made to the 'States' in Obergefell includes the Commonwealth of Puerto Rico. Yet, it is not the role of this court to venture into such an interpretation." He said, "For the foregoing reasons, the court concludes that...
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Senate Democrats have unveiled legislation to alleviate Puerto Rico’s debt woes, urging that the island be allowed to declare bankruptcy on all of its debt. The bill, released Monday, would allow the U.S. territory to restructure its $72 billion in outstanding debt and create a fiscal oversight board for the island. “For the 3.5 million American citizens living on the island of Puerto Rico, time is running short,” said Sen. Bob Menendez (D-N.J.), one of the bill’s sponsors. “Congress has to act immediately to fix the federal funding shortfalls and give Puerto Rico the tools it needs to fully restructure...
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It’s not that last night’s contests in Idaho, Hawaii, Michigan and Mississsippi doomed Marco Rubio’s campaign; it’s that the four bad performances atop Rubio’s previous disappointments — New Hampshire, South Carolina, Nevada, and just about everywhere else not called Minnesota and Puerto Rico – have now created what feels like an insurmountable perception of defeat. Three Rubio-friendly conservative writers — Jen Rubin of the Washington Post, Dan McLaughlin of Red State, and Guy Benson of Townhall.com — contend it’s time for Rubio to quit the race and endorse Ted Cruz. Jen and Dan urge Rubio to strike the deal now...
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Rafael Rivera left Puerto Rico for central Florida late last year, fed up with the island's escalating debt crisis and dwindling sales at his cellphone shop. Five months later, Rivera, 36, has a nice apartment in the Orlando suburb of Kissimmee and a job at a nearby Hyundai dealership. He's also registered to vote. Because Puerto Ricans are the fastest-growing group of voters in a contested corridor of a battleground state, "you could make the case that they're the most important voters in the United States," said Fernand Amandi, a Florida pollster. "Puerto Rican voters have completely upended the understanding...
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Florida Senator Marco Rubio scored a much-needed win Sunday night in Puerto Rico, where he was declared the winner in the commonwealth’s Republican presidential primary, according to CNN. Prior to Sunday’s win, the only other state to throw its support behind the first-term senator was Minnesota. Early results from the island territory show the vote giving Rubio a wide margin in Puerto Rico, meaning he could top the 50 percent magic number that would award him the island’s 20 or more delegates with none going to challengers Senator Ted Cruz of Texas, Governor John Kasich of Ohio, or businessman Donald...
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Rubio surrogates and aides quickly moved to cast his victory in Puerto Rico as a needed momentum shift a week before the critical Florida primary. Runners racing to bring results from individual polling sites to the Marco Rubio campaign headquarters in San Juan had good news for Rubio's campaign manager Jose Fuentes on the island: The Cuban-American Florida senator was cleaning up in Puerto Rico. "It's going to be a blowout," he told BuzzFeed News, before the race was officially called for Rubio. He had 73% of the vote with 61% of precincts reporting. While that good result for the...
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U.S. Sen. Ted Cruz was set Sunday to collect no delegates in Puerto Rico as Marco Rubio swept the territorial primary in his second win of the GOP presidential nominating race. Rubio, Cruz's colleague in the U.S. Senate from Florida, was projected to win the under-the-radar contest with 74 percent of the vote, well above the threshold to take all 23 delegates at stake. With 41 percent of precincts reporting, Cruz was coming in third with nine percent and Donald Trump second with 13 percent. The outcome is unlikely to change the Texas senator's argument that he is the most...
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Polls closed 3pm EST 23 delegates at stake.
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SAN JUAN, Puerto Rico (AP) — Thousands of inmates lined up in prisons across Puerto Rico on Friday to cast early ballots in the U.S. territory's Republican primary, some saying they hoped the elections can help lift the island out of an economic crisis. At least 6,500 of the island's 11,500 prisoners are registered to vote, and government officials said this year's turnout was strong. Even prisoners not registered are allowed to participate in the open primaries, which are held two days ahead of the vote for the general population. The island's Republican primary is Sunday while Democrats vote...
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There is an Open Primary in Puerto Rico today. It's worth 23 Delegates. If Trump wins this (which he should), then he should be able to erase most if not all the Delegates that Cruz gained last night (15 Delegates closer to Trump) . Trump should win Mississippi, Michigan and Hawaii on Tuesday expanding his Delegate lead even further along. Here is the link to the Delegate count.http://www.realclearpolitics.com/epolls/2016/president/republican_delegate_count.html
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