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Bondholders withdraw restraining order against Puerto Rico development bank

NEW YORK, USA — Substantial holders of outstanding bonds of the Government Development Bank for Puerto Rico (GDB) have withdrawn their request for a temporary restraining order (TRO) in the wake of an executive order signed by Puerto Rico Governor Alejandro García Padilla. Powered by WPeMatico

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Twenty-one individuals indicted for violating RICO Act in Puerto Rico

SAN JUAN, Puerto Rico — A 17 count federal indictment was unsealed on Thursday in the District of Puerto Rico charging 21 defendants with racketeering, conspiracy to commit bank robbery, burglary and larceny, interference with commerce by robbery, carjacking, conspiracy to… Powered by WPeMatico

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How to Stay in David Bowie’s Caribbean Villa

  He was one of the world’s greatest musicians. And while the late David Bowie was known for many things, less well known was his love affair with the Caribbean island of Mustique in the Grenadines, where he built the Balinese-style Mandalay. And now you can rent it. The home, built in 1989 in collaboration…

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VIDEO: 12 Seconds on the Water in Bimini

  We’ve made no secret of our affection for the water in the Bahamian mini-archipelago of Bimini. It’s turquoise, crystal clear and filled with remarkable sea life, from rays to sharks. It doesn’t hurt that it’s just a 30-minute flight from Miami or Fort Lauderdale, making it one of the region’s most accessible escapes. Here’s…

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New financial control board proposed for Puerto Rico

WASHINGTON, USA — As part of the ongoing attempts to resolve the dire financial crisis in Puerto Rico, House Republicans on Tuesday released compromise legislation that would create a tough new seven-member financial control board for the territory. Powered by WPeMatico

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