Hints and tips:
...With 95 per cent of the harvest transported by trucks, transportation costs are very expensive, said Alejandro Elsztain, chief of agricultural group Cresud....
...Richard Cooper, a partner at Cleary Gottlieb who advised Alejandro García Padilla, the previous Puerto Rican governor, said that it was “regrettable” that the government would have to turn to a Title III...
...His predecessor, Alejandro Garcia Padilla, had pencilled in spending increases after suspending payments on most of the commonwealth’s bonds last July. But not all the bonds....
...Mr Rossello has acted quickly to distance himself from financial policies crafted by his predecessor, Alejandro García Padilla....
...Bondholders had favoured the election of governor Ricardo Rosselló, who replaced Alejandro García Padilla in January....
...The prior administration, under former governor Alejandro García Padilla, had asked bondholders to take a haircut of between 19 and 40 per cent....
...Puerto Rico has suffered a series of escalating defaults over the past year under governor Alejandro García Padilla, who is in his final months as the head of the US territory....
...“Governor [Alejandro] García Padilla is eager for the oversight board to meet so that Puerto Rico’s comprehensive debt restructuring process can move forward,” a spokesperson for governor’s office said....
...Alejandro García Padilla pushed on Monday for the American Senate to pass the PROMESA legislation that would create an oversight board that would be empowered to try to mend Puerto Rico’s finances....
...The revised legislation would grant Alejandro García Padilla, Puerto Rico governor, the authority to halt the enforcement of the US minimum wage for residents under the age of 25, a point that had met stiff...
...The proposal comes days after governor Alejandro Garcia Padilla signed into law emergency legislation that would give him the ability to declare a state of emergency and halt payments to creditors....
...But it has now run completely out of money, and governor Alejandro Garcia Padilla said over the weekend that its Government Development Bank — the de facto finance ministry — would be forced to default on...
...Alejandro Garcia Padilla, the governor, declared a moratorium on Government Development Bank obligations due on Sunday in what he characterised as a “painful decision”, with policymakers in Washington still...
...The board will be joined by governor Alejandro García Padilla as an ex officio member, who will not have the ability to vote on its decisions....
...Daniel Hanson, analyst with Height Securities, said he believed the island would be able to fund the GO bonds despite recent comments from Governor Alejandro García Padilla that Puerto Rico’s liquidity had...
...That has enticed asset managers such as BlackRock back to the asset class, who had avoided Puerto Rican debt after Governor Alejandro García Padilla warned it was “not payable” last year, sparking a broad...
...Alejandro García Padilla, the governor of Puerto Rico, has declared a moratorium on certain debt payments including nearly $800m due on general obligation debt, which according to the territory’s Constitution...
...Following two back-to-back sessions of late-night debate, the island’s House of Representatives passed legislation that would confer the power to Governor Alejandro García Padilla to declare a state of emergency...
...The comments at the Peterson Institute for International Economics come hours after Puerto Rico Governor Alejandro Garcia Padilla appealed to Congress to address the worsening crisis within the US territory...
...Puerto Rico Governor Alejandro Garcia Padilla will not seek re-election in an effort to focus on resolving the island’s $72bn credit crunch....
...The Senate passed legislation at 2:30am in San Juan that would confer the power to Governor Alejandro García Padilla to declare a state of emergency and halt payments to creditors until January 2017, according...
...With time running out before a possible default by the island’s de facto finance authority, last week governor Alejandro García Padilla signed into law emergency legislation that gave him the power to halt...
...Mr Lew, who met Alejandro Garcia Padilla, Puerto Rico’s governor, on his visit — his second this year — added that it had become a question of whether the local government could pay for basic services....
...Following back-to-back sessions of late-night debate, the island’s House of Representatives passed legislation giving governor Alejandro García Padilla the power to declare a state of emergency and halt...
...Governor Alejandro García Padilla is expected to introduce local emergency legislation to address liquidity issues at the GDB ahead of a $422m payment due on May 1 that officials have said the bank might...
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