PR MAN MISSING AFTER NEPAL QUAKE
As reported today by El Nuevo Dia, Francis H. González, a scientist
from Puerto Rico, is currently missing in Nepal, days after it was shaken
by a strong earthquake which has left thousands dead and injured. A
friend of the young man last heard from González via email on April 16,
two days after he arrived in Nepal during a tour of Asia which began last
year. González may or may not have left the country before the quake.
The Department of State will be holding a conference call with the Ne-
palese embassy in Washington DC today to discuss efforts to find the
scientist.
PERELLO: GOV'T SHUTDOWN OUT OF QUESTION
From The San Juan Daily Star:
House Speaker Jaime Perelló said Thursday that he doesn’t know
the exact date when the government could shut down operations
due to the lack of liquidity at the Government Development Bank
(GDB) “because we are working so that a government shutdown isn’t
even an issue under consideration.” “We are not willing to shut down
the government,” Perelló said. “We are not willing to fire one single
public worker. And we are going to approve what we have to approve
so that our public workers get paid on the 15th and on the 30th of each
month and for government services to continue operating. That is why
we are working with such seriousness.” Perelló was reacting to a letter
sent by the GDB board of directors warning lawmakers of a possible
government shutdown within the next three months as the bank is rea-
ching levels of insolvency with a little more than $500 million left in
its portfolio.
PR DOWNGRADED TO CCC+ BY S&P
From CNBC:
Standard & Poor's downgraded Puerto Rico's general obligation rating
to "CCC+" from "B." The ratings agency said the downgrade - issued late
Friday and announced again Monday morning - was based on its view that
"the commonwealth's market access prospects have further weakened and
Puerto Rico's ability to meet its financial commitments is increasingly tied
to the business, financial, and economic conditions on the island." It also
placed the general obligation rating on CreditWatch negative.
CULINARY FEST TO BE HELD MAY 16
From Caribbean Business:
Universidad del Este's José A. (Tony) Santana International School
of Hospitality and Culinary Arts will hold its first food festival,
Gastroarte 2015. The event, which promises to exhibit the best of
Caribbean flavors, will take place May 16 from 6 p.m. to 11 p.m. in
Carolina. It will feature music, restaurant exhibitions, artisans, coffee
growers and mixologists, as well as presentations by renowned Puerto
Rican chefs. Gastroarte is the first event to be held with the aim of de-
monstrating the school's academic excellence as the best in hospitality
and culinary arts in Puerto Rico.
OLIVE GARDEN TO HIRE 250 FOR SAN PATRICIO
From News Is My Business:
Looking to promote local economic development and job creation, Puerto
Rican company Restaurant Operators Inc., announced it is looking to fill
250 slots at its second Olive Garden restaurant expected to open this
summer in San Patricio Plaza in Guaynabo. The company is looking for
part-time waiters, service assistants, cooks, hosts and bartenders, among
other employees.
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