December 4, 2020 Uncategorized 0

The island has 3.5 million inhabitants, while some 5 million Puerto … Puerto Rico has the same amount of … As they expired over time, many companies elected to discontinue their Puerto Rican presence. The sustained slump in the economy has contributed to the island’s fiscal challenges, and Puerto Rico’s fiscal challenges have in turn added to the difficulty it faces attracting private investment and restarting growth. Deja Vu: The Swine Flu Vaccination Fraud Of 1976, Follow Niki´s Opinion Forum on WordPress.com. With over $70 billion in bond obligations and $49 billion in unfunded pensions at the time, it was the largest government to seek bankruptcy in U.S. history. Island officials will also be reviewing the debt adjustment plan. Z�\�����t�F�o7�&�P6�\j%�*k|����>��v��nz��A�kNlNJ+�䲍���ى8v�|o��S� INk�wb�8��$����l�Z�C�e�E6��}d'��q�_Н:qȚtR[3�kcliq�|�u>��7g��c7���2��BK_k�M�w���s,�?���'�'x,�hu(�ִ���FӼ-驳�g0U�h�α�q�V�3�l��"�DQH�|�4���kf�!�5�zj�yX�yvdG1����>s�.ɟ��2���I3�Yi�vzd��MQ1~�M����QC��t�����%�N�Dd��h���S��fZԬ����lt�fk��k�N�V�-Vo�C�Ťn1��� �գ,�b\�`�0c�+�K�Lv�74�lL��E��^�̢�X��䣳�����մ�ZدH��\���yb�z��i�Y��������bQ_�$E�]c�qG�*8�_��f����A�zO|2�Y�rFA��N��E3]��S�5@Ck2�:��3y�ʧ�Vdߗ���h�S�V�y�6�3v��4]w�[�n�����u���q��L��u������[�fh0Z�7'42;��#�,�W�7t�V��8��Nð�;��Y�/3~j[��C�\uv��̚�1�VNJܳh����Ӵ�L䑭�����E��w���x~�F5��^��+��i�׍z����gL;H��Ih����o���y��̉�d3h������y�>�z�p�W{��[��ܣ��?�|L����蟲�1o�W~��m�q�c�� ;m+�`�a���W��݂7ت�6$�L�2}����봾����q���i}t�݆$�f�X?#y?�C]��"�U�=;�ݰ��{Uۋ�v +5m̉M��d�N�cNچ蘶����V�{���V)дK�Џ{��mVp�i��� �7:?r?-�0��`����n|/���L����K\-"'goỹ햎A��b�,�. "#$%&'()*+ M LKLYHS[ H_J YLKP[Z … Unemployment in Puerto Rico is alarming. Campos was a Harvard graduate who organized farmers, peasants, and the poor toward the goal of national liberation. By Ed Morales He is a member of the Financial Oversight and Management ... proposal filed on Sept. 27 that could help solve Puerto Rico’s debt crisis. FIGURES, has contributed 58 billion to the US capitalist economy, American Exceptionalism and American Innocence: A People’s History of Fake News-From the Revolutionary War to the War on Terror, 12/02/20: Press Secretary Kayleigh McEnany Holds a Press Briefing, Israel behind assassination of Iranian scientist: US official, EU Gives AstraZeneca Unprecedented Exemption From Liability For COVID-19 Vaccine, Catholic Priest Dies After Receiving Moderna’s COVID Vaccine That Utilizes Aborted Fetal Tissue, Israel threatens to shut down new TV channel for preaching ‘gospel of Jesus’, Trump’s Landslide Meets the Politics of Electoral Fraud in America. Union Greed. About 40% of its residents live in poverty , and the median household income in 2017 was $19,775 . Puerto Rico is an island territory of the United States with a population of 3.41 million. Although Puerto Rico is one of the last colonies under US possession, its position as a military and economic outpost of the imperialist order is one shared by much of the Global South. Interest income on most municipal bonds is subject to taxes by various levels of government, including federal, state, and local. Solving the economic puzzle will determine whether Puerto Rico will be for the U.S. what Greece was for the European Union. Many of Puerto Rico’s tax advantages, however, were ephemeral. Puerto Rico’s colonial status must receive special attention, however, as it disallows the people of the nation to join forces with the shift toward integration in Latin America currently being threatened by US war maneuvers against Venezuela or assert any act of independent development generally. Under the “Territorial Clause” of the US Constitution, Puerto Rico does not have the right to assert national sovereignty. Put your trading skills to the test with our FREE Stock Simulator. Compete with thousands of Investopedia traders and trade your way to the top! The U.S. territory of Puerto Rico has made many attempts to reduce its debt burden and save its economy. 299 0 obj <>stream endstream endobj startxref 0 The territory’s remote island location, tiny land area, and lack of natural resources precluded it from ever developing a strong manufacturing base. Puerto Rico has lost about 10% of its population over the last decade, sparking an economic crisis that worsens by the day. Because of the slow perspectives of the economy, some 50,000 emigrate annually.

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