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Tuesday, May 29, 2018

Puerto Rico News Digest For May 29, 2018


THE VIOLENCE CONTINUES: MAN SHOT TO DEATH IN CAROLINA
















As reported by El Vocero, a man was found shot to death early Tuesday morning on 73rd Street in the Villa Carolina neighborhood of the municipality of Carolina. The victim -- who remains unidentified -- was described as being dark-skinned, about 5 feet, nine inches tall and weighing approximately 140 pounds. He was dressed in a black shirt, red and white pants and black athletic shoes. An anonymous 911 call alerted police to the sound of gunshots in the area shortly after midnight. Police are investigating.


ROSSELLO AND BOARD DEFEND LABOR CHANGES

From El Nuevo Dia:

"Governor Ricardo Rosselló Nevares rejected yesterday that the repeal of the Unjust Dismissal Act (Law 80-1976) would leave the island´s working class in a vulnerable position, especially women and senior employees, because there are other labor laws to protect them..."


PREPA BUDGET FACES FIVE YEARS OF SHORTFALLS

From Caribbean Business:

"The Institute for Energy Economics and Financial Analysis (IEEFA) said Friday that the approved fiscal-recovery plan for the Puerto Rico Electric Power Authority (Prepa) faces billions in financial risks that will hinder the transformation of the grid..."


PUERTO RICO RETAIL SALES GROW 6.7% FOR JANUARY

From News Is My Business:

"Puerto Rico’s retail sales for the month of January 2018 totaled $2.8 billion, representing a 6.7 percent growth when compared to the same period in 2017, when total sales were $2.6 billion..."



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