FED CUTS THREATEN PR HEALTH SYSTEM
From The San Juan Daily Star:
Because the government fi scal crisis and the hike in the sales and use
tax have taken over the news, the possible collapse of Puerto Rico’s
healthcare system has gone under the radar, but remains a very real pro-
blem. More than 2 million patients, or 60 percent of Puerto Rico’s po-
pulation, use Medicare, Medicare Advantage or Medicaid to pay for
their health care, but physicians have been receiving smaller reimburse-
ments than their counterparts in the mainland U.S. because of cuts pla-
nned by the federal government. On Tuesday, the island House of Re-
presentatives approved a resolution asking Congress to stop the cuts.
HORNED DORSET PRIMAVERA IN BANKRUPTCY
As reported today by El Nuevo Dia, the reknowned Horned Dorset Pri-
mavera hotel in the western town of Rincón has gone into bankruptcy
after owing its creditors $1.67 million. The filing was done under Chap-
ter 11 of the federal bankruptcy law, which implies that owner Wilhem
Sack has opten to reorganize the hotel's finances. Most of the debt is
owed to Puerto Rico's tax authority and to the power company.
NO MAJOR HURRICANES EXPECTED IN 2015
From Caribbean Business:
No major hurricanes are expected during the 2015 Atlantic hurricane sea-
son, as the National Oceanic & Atmospheric Administration (NOAA) pre-
dicts no Category 3 or higher hurricanes, which are defined as those with
winds of at least 111 miles per hour (mph). In its prediction, NOAA said
a below-average season is likely, with six to 11 named storms (winds of
39 mph or higher) and three to six hurricanes (winds of 74 mph or higher).
The hurricane season in the Atlantic officially runs from June 1 to Nov.
30. However, in a statement, NOAA said people living in hurricane-prone
areas, such as Puerto Rico and the rest of the Caribbean, should remain
vigilant.
SCHOOL TO TRAIN PR HACKERS
From News Is My Business:
By 2020 there will be 1 million more computing jobs in the United States
than students graduating in those fields, the latest figures from the U.S.
Bureau of Labor Statistics show. Puerto Ricans qualified to take advantage
of this demand stand to gain a lot, said Sofía Stolberg, founder of Piloto
151, Puerto Rico’s first co-working space for entrepreneurs and developers
and the site location for Codetrotters Academy, the first “hacker” school
in Puerto Rico and the Caribbean. The program boasts a full spectrum of
courses for techies and non-techies alike, ranging from front-end and back-
end programming to mobile development.
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