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...The contracts are safe,” said CNH head, Juan Carlos Zepeda....
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...It’s a benchmark,” said John Padilla, managing director of IPD Latin America, a consultancy....
...Amid fears of violence resuming, outrage about the rejection intensified after Juan Carlos Vélez, Mr Uribe’s campaign manager, admitted to misleading voters....
...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...
...residence in Old San Juan....
...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...
...Officials in San Juan have not clarified if the bank will be placed into receivership as part of emergency legislation being drafted....
...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...
...We haven’t been offered a bailout,” Mr Garcia Padilla said. “A restructuring process will cost nothing to American taxpayers.”...
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...The board would be based in Washington and San Juan and act as an entity within the government of Puerto Rico, made up of individuals appointed by President Barack Obama....
...Speaking in San Juan on Wednesday, Mr Padilla said that if creditors were not willing to partake in the process, the commonwealth would have no option but “to proceed without them”....
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...On the cusp of the Caribbean, rising from the Bay of San Juan atop high castle walls, stands La Fortaleza, Puerto Rico’s gleaming white and blue fortress....
...Governor Padilla welcomed Mr Paulson’s deal as “exactly the type of investment my administration is working hard to attract”, saying it would help tourism....
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