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Tuesday, May 10, 2016

Puerto Rico News Digest For May 10, 2016


RECESSION TO LAST INTO 2017


















From The San Juan Daily Star:

"More red ink is in store for Puerto Rico, according to an island Planning
Board statement issued late last week that projected negative growth in the
gross domestic product (GDP) of minus 1.2 percent for fiscal year (FY) 2016
and a minus 2.0 percent contraction for FY 2017. In FY 2015, at current pri-
ces the local economy measured by the GDP generated $68.52 billion, repre-
senting a growth of 0.1 percent with relation to FY 2014..."


EIGHT-YEAR-OLD GIRL SHOT DEAD IN CIALES


From Fox News Latino:

"A little 8-year-old girl died of a gunshot to her head while another 14 peo-
ple suffered multiple bullet wounds in two unrelated incidents during a vio-
lent weekend in Puerto Rico...The death of the 8-year-old, local authorities
said Monday in different reports, occurred Sunday night, though the circums-
tances of the shooting are as yet unknown...One or more unknown persons
shot at a vehicle carrying the little girl and her parents as they arrived home
in the town of Ciales on the north side of the island...They took their daugh-
ter to a  hospital where she was pronounced dead..."


NO URGENCY FROM CONGRESS ON ZIKA FUNDS


From Caribbean Business:

"Republicans from states at greatest risk, such as Florida, Texas, Louisiana
and Georgia, have been slow to endorse Obama’s more than 2-month-old re-
quest for $1.9 billion to battle the virus, which causes grave birth defects. The
Centers for Disease Control and Prevention currently reports more than 470
cases in the continental U.S., all so far associated with travel to Zika-affected
areas. Polls show that the public isn’t anywhere nearly as scared of Zika as it
was about the Ebola outbreak in...2014. Aides to GOP lawmakers, even those
representing Southern areas most vulnerable to Zika, say they’ve yet to hear
from many anxious constituents..."


PR SENATE HANDS PREPA PROBE TO FBI


From ABC News:

"A special commission looking into fuel purchases by the financially troubled 
electric utility in Puerto Rico has turned over its findings to U.S. federal autho-
rities for further investigation, the majority leader of the island's Senate said 
Monday...The special Senate investigative commission has been looking into 
allegations that the utility overcharged customers by hundreds of millions of 
dollars while amassing about $9 billion in debt in recent years. Utility officials 
appearing before the commission denied wrongdoing..."


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