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Tuesday, August 30, 2016

Puerto Rico News Digest For August 30, 2016


PERELLO RESIGNS AS HOUSE SPEAKER

















From Caribbean Business:

"Jaime Perelló resigned from his position as Speaker of the Puerto Rico House
of Representatives Monday afternoon. He announced his resignation in the Ca-
pitol rotunda next to an original text of the Puerto Rico Constitution...Perelló
left his position after meeting with 16 lawmakers at the Capitol to discuss a tr-
ial underway in federal court of three former House employees under his dire-
ct supervision who were charged in a pay-for-play scheme to benefit the form-
er speaker’s fundraiser, Anaudi Hernández. During the trial Monday, Hernán-
dez said he raised more than $60,000 in cash for Perelló as part of a pyramid
scheme organized by attorney Irvin Faccio in which he was required to raise
$75,000 for the House leader..."


PUIG HEADS TO US OPEN AFTER GOLD MEDAL


From Bloomberg:

"Tennis player Monica Puig, who won the commonwealth’s first Olympic gold
medal in Rio de Janeiro earlier this month, competes Monday in her first match
this year at the U.S. Open in Queens, New York. Puig’s Olympic victory comes
amid dire Puerto Rico headlines of escalating debt, a broke pension system, a Zi-
ka outbreak, and a 10-year economic recession. Thousands of cheering fans gree-
ted her at the airport in San Juan when she arrived on Aug. 20, a week after her
win..."


BERNABE: AGRICULTURAL REFORM "URGENT"


From The San Juan Daily Star:

"Working People’s Party (PPT by its Spanish acronym) Rafael Bernabe said
late last week that the destruction of the island’s agriculture has been one of the
greatest tragedies in Puerto Rico’s recent history. Speaking at a forum sponsored
by the Puerto Rico Agriculture Association during its annual assembly, Bernabe
laid out some of the PPT’s proposals for the agricultural sector. “It’s a scandal that
today we import 85 percent of our food and that with the ability to export much
more and having a much broader food industry, we don’t do the first, and we don’t
have the second,” he said, according to an Inter News Service report. He added that
the reconstruction of island agriculture, with an agro-ecological emphasis, “is an ur-
gent and crucial task...”


LIBERTY GOES SOLAR AT LUQUILLO HQ


From News Is My Business:

"Oak Leaf Solar X LLC, a Yarotek entity, has installed 2,444 solar panels at Li-
berty Puerto Rico’s facility in Luquillo, making the provider’s operations more
sustainable and “reaffirming the companies’ respective commitments to Puerto
Rico and the environment,” the company announced Monday. Liberty entered
into a long-term power purchase agreement to buy its solar power from Oak Le-
af Solar X, an independent power producer and developer focused on solar energy..."



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