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    Puerto Rico

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    • Friday, 6 January, 2023
      ReviewVisual Arts
      The Whitney Museum’s show of Puerto Rican art after Hurricane Maria is searing, angry and mournful

      A frank artistic response to economic and political fractures is not helped by curatorial hectoring

      A hurricane-ravaged wooden electric post with a flyer attached of state propaganda
    • Tuesday, 20 September, 2022
      Natural disasters
      Hurricane Fiona leaves more than 1mn without electricity in Puerto Rico

      White House pledges support for territory that suffered billions in damages from 2017 storms

      A man rides a horse in a flooded street on September 19 2022 after Hurricane Fiona caused massive flooding in Puerto Rico in in Toa Baja
    • Friday, 5 August, 2022
      Financial fraud
      Tory donor charged in Puerto Rico bribery scheme

      Venezuelan financier Julio Herrera Velutini has given more than £500,000 since Boris Johnson became UK prime minister

      Julio Herrera Velutini
    • Saturday, 13 November, 2021
      John Dizard
      Puerto Rico debt deal highlights the dilemma of pension liabilities

      Restructurings typically leave a greater burden to meet retirement costs on those still working

      People protest the debt plan in San Juan, Puerto Rico
    • Friday, 15 October, 2021
      Cryptocurrencies
      Tax officials tighten their grip on crypto

      Investors tempted to try evading tax should beware of the authorities’ growing reach

    • Wednesday, 12 May, 2021
      Travel
      Resilience and exuberance in Puerto Rico

      The island hopes to bounce back from the pandemic to hit record visitor numbers this year but it remains little known beyond the US

    • Monday, 14 December, 2020
      Matthew Slaughter
      To the moon and back, Chinese R&D is leaving the US behind

      It’s telling that the same day a Chinese rocket collected lunar rocks, a key US radio telescope collapsed

      The Chang’e-5 spent two days gathering lunar dirt and rocks before planting and unfurling a Chinese flag, and then blasting off
    • Friday, 9 October, 2020
      News in-depth
      Puerto Rico poised for new battle with bondholders

      Move to rewrite February’s restructuring deal inflames tensions

    • Monday, 10 February, 2020
      Lex
      Puerto Rico: island mentality Premium content

      Now that the vulture funds can be paid off, the future looks richer

    • Monday, 10 February, 2020
      Puerto Rico strikes deal with bondholders to write off $24bn in debt

      Agreement moves cash-strapped island closer to ending financial crisis

      A demonstrator waves a Puerto Rican flag during a union protest against austerity measures in San Juan, Puerto Rico, on Wednesday, Aug. 30, 2017. The federal board overseeing Puerto Rico's debt restructuring sued the governor of the U.S. territory to force pension cuts, furloughs and the elimination of Christmas bonuses for the island’s government workers. Photographer: Xavier Garcia/Bloomberg
    • Friday, 9 August, 2019
      FTfmJohn Dizard
      Puerto Rico bondholders rejoice in political turmoil

      Defaulted and partially restructured bonds have performed well since recent troubles began

      Wanda Vázque is seen as only being a caretaker governor
    • Thursday, 25 July, 2019
      Puerto Rico governor resigns following protests

      Days of protests following leaked text messages had prompted Ricardo Rosselló’s departure

      SAN JUAN, PUERTO RICO - JULY 25: People march together as they celebrate the ouster of Ricardo Rossello, the Governor of Puerto Rico, on July 25, 2019 in Old San Juan, Puerto Rico. After two weeks of protests Gov. Rosselló stepped down after a group chat was exposed that included misogynistic and homophobic comments.( (Photo by Joe Raedle/Getty Images)
    • Monday, 17 June, 2019
      Puerto Rico strikes $35bn debt restructuring deal

      Agreement with bondholders aims to enable island to emerge from bankruptcy by 2020

      FILE PHOTO: The flags of the U.S. and Puerto Rico fly outside the Capitol building in San Juan, Puerto Rico May 4, 2017. REUTERS/ Alvin Baez/File Photo
    • Friday, 15 March, 2019
      FTfmJohn Dizard
      Puerto Rico’s number-crunching frustrates even the best minds

      On the island of too many contradictions, too many people have too much at stake

      Puerto Rico after Hurricane Maria. Some islanders stayed while others became refugees in Florida (Mario Tama/Getty)
    • Friday, 25 January, 2019
      FTfmJohn Dizard
      Bondholders face a greater likelihood of haircuts
      Puerto Rico seeks to invalidate $6bn of bonds issued after 2012 ©  Sepavo/Dreamstime
    • Friday, 9 November, 2018
      FTfmJohn Dizard
      ‘Bottom-feeding’ hedge funds are big winners on Puerto Rico bonds
      Puerto Rico has been hit by a string of natural disasters, including Hurricane Maria © Hector Retamal/AFP/Getty
    • Thursday, 13 September, 2018
      US politics & policy
      Trump disputes death toll from Puerto Rico hurricane

      President falsely blames Democrats for inflating number killed as he defends response

      A man secures plywood to protect a window of a property ahead of Hurricane Florence in Greenville, North Carolina, U.S., on Wednesday, Sept. 12, 2018. Hurricane Florence is slowing as it advances upon the U.S. Southeast, promising "disaster" for residents near the Carolina coast. Photographer: Callaghan O'Hare/Bloomberg
    • Friday, 7 September, 2018
      At Home with the FT
      The Puerto Rico mayor who took on Trump

      Carmen Yulín Cruz revisits her ‘Mar-a-Lago’, a year after Hurricane Maria

      08/31/18  San Juan, PR Mayor, Carmen Yulin, shares the room she slept in at was the SJ headquarters during hurricane Maria and the months after, Roberto Clemente Colesium and shares details of her home and some of its damage.  In this image, a portrait of Carmen Yulin in her home next to a blackboard wall where she originally wrote “I will be Mayor” and substituted for “I am Mayor”.
    • Wednesday, 8 August, 2018
      Capital markets
      Puerto Rico reaches deal with creditors to restructure sales-tax bonds
    • Tuesday, 7 August, 2018
      FT AlphavilleAlexandra Scaggs
      Against states' rights
      Against states' rights
    • Friday, 20 July, 2018
      FTfmJohn Dizard
      The problem of Puerto Rico won’t go away

      Issues kicked into the long grass will have to be addressed eventually

      Local residents ride a horse by a destroyed building after Hurricane Maria in Jayuya, Puerto Rico October 4, 2017 REUTERS/Carlos Barria - RC14FAD47BF0
    • Monday, 16 July, 2018
      Markets
      Further reading
    • Monday, 2 July, 2018
      FT AlphavilleJamie Powell
      Further reading
    • Friday, 8 June, 2018
      Capital markets
      Puerto Rico sales tax bonds rally on bondholder agreement terms

      Accord reached in connection with national bankruptcy case

      Pedestrians walk under Puerto Rican flags hanging from balconies in San Juan, Puerto Rico, on Sunday, May 1, 2016. Puerto Rico will default on a $422 million bond payment for its Government Development Bank, escalating what is turning into the biggest crisis ever in the $3.7 trillion market that state and local entities use to access financing. Photographer: Erika P. Rodriguez/Bloomberg
    • Wednesday, 30 May, 2018
      The FT ViewNatural disasters
      Puerto Rico’s ordeal by hurricane is not yet over

      The public health crisis was far worse than official data recognise

      (FILES) In this file photo taken on September 21, 2017 a man walks past destroyed homes in Catano, Puerto Rico, on September 21, 2017. Hurricane Maria, which pummeled Puerto Rico in September 2017, is likely responsible for the deaths of more than 4,600 people, some 70 times higher than official estimates, researchers at Harvard University said on May 29, 2018 / AFP PHOTO / HECTOR RETAMALHECTOR RETAMAL/AFP/Getty Images
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