Puerto Rico

At the time of writing, Puerto Rico's gubernatorial election contest remains too close to call. According to last-minute polling, Partido Nuevo Progresista de Puerto Rico (NPP) candidate... 2008-11-03

We have revised our economic growth projections for Puerto Rico. We now expect a prolonged economic recession through to the second half of Fiscal Year 2010 (July 2009 to June 2010),... 2008-11-03

BMI View: Any lingering hopes of a Puerto Rican economic recovery by end-2009 should be put to bed. Consumer and business confidence is critically low, US economic and financial turmoil... 2008-10-30

The trial against Puerto Rican Governor Anibal Acevedo Vila and his co-defendants continued on September 23, as arguments were put forward by the governor's defence lawyers to prevent... 2008-10-07

In line with our view, recently released data shows August witnessed another increase in unemployment levels, up to 11.8% y-o-y according to the US Bureau of Labor Statistics, the... 2008-10-07

BMI View: While the major ratings agencies have recently affirmed a 'stable' outlook on Puerto Rico's credit rating, we remain extremely concerned about the state of the Commonwealth's... 2008-09-29

Senator Jorge de Castro Font, of the opposition Partido Nuevo Progresista (PNP), presented himself at the offices of the FBI on September 9, after hearing rumours there was a warrant... 2008-09-10

Unemployment saw a rose to 11.3% in July, its highest level since October 2007 according to the US Bureau of Labor Statistics. While unemployment saw a 0.9% decrease from its July... 2008-09-10

BMI View: While Puerto Rico's broader economy remains in the throes of deep economic slumber, we have detected some encouraging signs from construction activity in the capital city,... 2008-09-01

Puerto Rico's cumulative trade balance registered a surplus of US$7.1bn between January and April, a significant improvement from US$6.1bn in the same period in 2007. While a breakdown... 2008-08-05