Danica Coto

May 20, 2022 | Daily Business Review

Puerto Rico has held seven unilateral, nonbinding referendums on the issue, but this would be the first that would not include possible continuation of the current status as a U.S. commonwealth.

By Danica Coto

3 minute read

March 15, 2022 | Daily Business Review

Puerto Rico accumulated more than $70 billion in public debt and more than $50 billion in public pension liabilities through decades of corruption, mismanagement and excessive borrowing.

By Danica Coto

4 minute read

February 03, 2022 | Daily Business Review

Officials said more than 130 projects soon will be in the bidding phase or under construction, including repairs to substations across Puerto Rico, the replacement of thousands of street lights and the creation of an early warning system for dams.

By Danica Coto

3 minute read

January 25, 2022 | Daily Business Review

Spain's legacy is prominent across Puerto Rico, with a main road in San Juan named after Ponce de León and a colossal Columbus statue rising along the island's northern coast.

By Danica Coto

3 minute read

January 19, 2022 | Daily Business Review

Judge Laura Taylor Swain signed a plan that cuts Puerto Rico's public debt by 80% and saves the island more than $50 billion in debt service payments.

By Danica Coto

5 minute read

July 12, 2019 | Daily Business Review

Ricardo Rosselló said he had been working 18-hour days and releasing tensions when he made the comments.

By Danica Coto

5 minute read

March 18, 2019 | Daily Business Review

Legislators heard dozens of brief speeches that ranged from unfair treatment by the federal government to homes without proper roofs to shrinking pension funds, with some speeches loudly interrupted by those who support statehood.

By Danica Coto

5 minute read

February 05, 2019 | Litigation Daily

The agreement involves more than $17 billion worth of government bonds backed by a sales-and-use tax, with officials saying it will help the government save an average of $456 million a year in debt service.

By Danica Coto

4 minute read

February 05, 2019 | Daily Business Review

The agreement involves more than $17 billion worth of government bonds backed by a sales-and-use tax, with officials saying it will help the government save an average of $456 million a year in debt service.

By Danica Coto

4 minute read

February 07, 2018 | Daily Business Review

It took only minutes for Hurricane Maria to kill power to the Puerto Rican town of Coamo, cracking wooden poles, snapping power lines and hurling transformers to the ground.

By Danica Coto, Associated Press

6 minute read