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Sunday, August 20, 2017

Puerto Rico News Digest For August 20, 2017


CAUGHT IN THE ACT AND NEARLY KILLED

THUGS TRY TO ROB GAS STATION, GET SHOT BY COPS













A police officer who happened to stop at a Total gas station in the Corujo sector of Bayamón inadvertently walked in on two individuals who were in the process of robbing the establishment at around 10:00 AM today.  Sergeant Pedro Colón Burgos was soon followed by a municipal police officer and a member of the state police's canine unit. A gunfight quickly broke out between the two parties, and one of the criminals was injured by gunfire in several parts of his body. The man's uninjured accomplice ran off, but was soon arrested by the roadside as he tried to flag down a car to steal. Both men are now in custody, and a stolen vehicle was impounded at the scene. The police officers were not hurt.


ROSSELLO: PR WILL BE STATE IN 5 YEARS

From Caribbean Business:

"In celebration of the 50th anniversary of the New Progressive Party (NPP), Gov. Ricardo Rosselló Nevares stressed that change is a constant in that party and predicted that in five years Puerto Rico will become the 51st state of the United States..."


CORRECTIONS OFFICER DIES DURING RIOT TRAINING

From Officer.com:

"A Puerto Rico corrections officer died after suffering a medical emergency while participating in riot control training this week. Corrections Officer David Torres-Chaparro began complaining of a strong pain in his chest during a training exercise


CHARBONIER PUSHES TO UPDATE DOMESTIC VIOLENCE LAW

From The San Juan Daily Star:

"New Progressive Party (NPP) Rep. María Milagros Charbonier said Thursday that she is still pressing for several amendments to Law 54 of 1989, also known as the Domestic Violence Prevention and Intervention Law, designed to prevent violence against women..."



PR BEATS BAHAMAS IN WOMEN'S BASKETBALL

From Tribune 242:

"The Bahamas couldn’t stop the up-tempo game from host Puerto Rica and ended up getting blown out  by 64 points. The only thing that the undefeated Puerto Ricans didn’t do in their near flawless feature  game on day three of the championships on Thursday night was reach the 100 century mark in pulling oftheir 99-35 massacre over the Bahamas..."


Tuesday, August 8, 2017

Puerto Rico News Digest For August 8, 2017


FAMILY KILLED IN DORADO NIGHTMARE

Fall victim to shooting between crooks; Feds may take over

















A young married couple, Zuleika Rivera Negrón, age 27 and her partner Angel Pérez Polanco, age 30 were killed along with three of their children last Friday in the town Dorado as the result of a shooting on the same road, with only the couple's 12-year-old daughter surviving. Jaime Joel Ferrer Rivera, a 38-year-old man with an extensive criminal record, was shot at by unidentified assailants as he drove his Land Rover, causing him to lose control of his vehicle, which then crashed into the family's 1992 Toyota Tercel. The family's vehicle then violently smashed against a tree, killing the five victims. Ferrer Rivera died at the scene due to the shooting, after which the perpetrators escaped. Due to Ferrer Rivera being a federal convict, having been sentenced to 30 months in prison in 2004 for stealing shipments of air conditioners, US Attorney for the District of Puerto Rico Rosa Emilia Rodríguez stated that her office may take over the investigation.


PUERTO RICO SUED OVER CONTOL BOARD'S POWERS


From Caribbean Business:

"Puerto Rico was hit with two lawsuits Monday that for the first time challenge the constitutionality of a federal control board overseeing the island’s finances and its power to start a bankruptcy-like court process for some of  the U.S. territory’s more than $70 billion public debt..."


FEMA OK'S FUNDS FOR SALINAS AQUIFER PROJECT


From News Is My Business:

"The Federal Emergency Management Agency has approved a $2.8 million hazard mitigation project for the island’s  southern coastal area, which considers its adaptive capacity, and uses surface and ground water to reduce the need for future water rationing in the town of Salinas..."


PPD PROPOSES UNITED FRONT TO FIGHT FURLOUGHS


From The San Juan Daily Star:

"Popular Democratic Party (PDP) President Héctor Ferrer announced on Friday that he is willing to join efforts and accompany Gov. Ricardo Rosselló Nevares to the courts if he decides to sue the federal Financial Oversight and Management Board if the reduction of public workers is implemented..."


JOINT VENTURE TO MANUFACTURE POT PRODUCTS IN PR


From Area Development:

"Tropizen, a grower and manufacturer of medical marijuana in Puerto Rico, will partner with WonderLeaf, a Colorado company that makes raw cannabis concentrates and oils, to establish a cannabis manufacturing plant  in Puerto Rico..."

Friday, August 4, 2017

Puerto Rico Events For This Weekend





















Friday, August 4

Night in Paradise

@ Plaza de Dorado, Dorado

6 PM - 11 PM

Outdoor event held the first Friday of every month in Dorado's town square. Features latin and urban music, food tasting from featured restaurants and alcoholic beverages for sale.

Free admission


Saturday, August 5

Puerto Rico Comics Festival

@ El Mercado Libre, Roberto H. Todd Ave., San Juan

9 AM - 6 PM

This event highlights Puerto Rico's homegrown comic book industry. Featuring several local artists. A food  truck will be on site.

Free Admission


Cine Del Estuario

@ Condado Lagoon, San Juan

7 PM -10 PM

Showing of the Disney movie "Moana" on a large outdoor screen by Condado Lagoon. Bring your own chairs, blankets and food.

Free admission


PRFC vs Jacksonville Armada FC (Soccer)

@ Juan Ramon Loubriel Stadium, Bayamón

7:30 PM - 9:30 PM

Puerto Rico Football Club plays a North American Soccer League season game against Jacksonville, Florida's Armada.

Tickets: $10-$50


Sunday, August 6

Rincón Sunset Festival 2017

@ Plaza De La Amistad, Rincón

1 PM - 8 PM

Family oriented event featuring live music, petting zoo, exotic animal exhibits, artisans and food vendors.

Free admission


Emoji Fun Race 5K

@ Luis Muñoz Rivera Park, San Juan

7 AM - 12 PM

Pick your favorite emoji and create a team to participate in this fun race.

Registration: $30 pp, or $25 pp for groups of 4 or more.


The Puerto Rico Monitor cannot take responsibility for the accuracy of the  above listings. They are based on  the best information available at the time of writing.


Thursday, August 3, 2017

NWS Monitors Weather System In East Atlantic





















From The National Hurricane Center:

Tropical Weather Outlook
NWS National Hurricane Center Miami FL
800 AM EDT Thu Aug 3 2017

For the North Atlantic...Caribbean Sea and the Gulf of Mexico:

A large area of showers and thunderstorms centered about 500 miles
southeast of the Cabo Verde Islands is associated with a vigorous
tropical wave. Environmental conditions are forecast to be conducive
for gradual development, and a tropical depression could form by
early next week over the eastern or central tropical Atlantic
Ocean. This system is forecast to move toward the west or
west-northwest at 10 to 15 mph for the next several days.
* Formation chance through 48 hours...low...30 percent.
* Formation chance through 5 days...medium...60 percent.



Wednesday, August 2, 2017

Puerto Rico News Digest For August 2, 2017


"TONKA" GETS TRUCKED OFF TO THE MORGUE...SINGER OZUNA INVOLVED?

POWERFUL DRUG LORD BRUTALLY MURDERED IN SANTURCE



Shortly after midnight this morning, 38-year old Carlos Báez Rosa, who went by the nickname "Tonka" and was one of the most powerful drug lords in the San Juan area, was shot nearly 70 times with various firearms, including AK-47s and AR-15s. The spectacular midnight execution occurred in an alley in the gritty Cantera  sector of Santurce. To add a twist to the story,  police seized a Range Rover SUV at the scene, which belongs to reggeaton singer Juan Carlos Ozuna and contained $6,585 in cash, as well as the singer's wallet. Ozuna dedicated several of his songs to the murdered drug lord, and the latter produced at least one of the singer's recordings. Ozuna became notorious last week due to a viral video in which the reggeaton performer is seen hitting a security guard at one of his stateside performances with a microphone (video is below).





CONTROL BOARD DELIVERS 1ST REPORT TO CONGRESS


From Caribbean Business:

"Puerto Rico’s financial control board said Tuesday that its first annual report to the U.S. President and Congress does not call for the elimination of federal social assistance programs in the commonwealth..."


DOMINO'S TO PUERTO RICO: NO MORE PIZZA!


From News Is My Business:

"HFS Corp. — a franchisee for Domino’s Pizza in Puerto Rico — announced Wednesday the closing of all of its stores on the island, after seeking bankruptcy protection earlier this year, this media outlet confirmed..."


GONZALEZ ASKS FOR MEDICAL AND RESEARCH FUNDS


From The San Juan Daily Star:

"Resident Commissioner Jenniffer González Colón on Monday announced the allocation of $607,568 in federal funds for the treatment of children and mothers with HIV/AIDS and studies on breast cancer..."


MAVS SIGN PUERTO RICAN GIAN CLAVELL


From Fox Sports:

"The Dallas Mavericks have signed free agent guard Gian Clavell, an undrafted rookie who has played  for Puerto Rico’s national team. Clavell was the Mountain West Conference player of the year at Colorado State last season..."


Tuesday, July 25, 2017

How Stupid Is The FBI? You Must Read This!


Commentary 

Richard Lawless









Unfortunately, my company along with tens of thousands of other individuals and corporations was caught off-guard by Puerto Rico’s financial collapse. To make sure that it doesn’t happen to us again, my company launched an investigation into the causes of this tragedy so we wouldn’t become a victim a second time, somewhere else.

Part of the findings uncovered information indicating the Puerto Rico Government theft of hundreds of millions of dollars in public funds each year.  I reported this to the San Juan FBI office and after many months and little cooperation, they determined the activities did not meet criminal standards and would better be handled as a personal civil case.

Shortly after that I received a call from a CIA Agent that said they have been tracking the massive wire transfers out of Puerto Rico for almost a decade. The Agent then went on to say that they have notified the FBI repeatedly and the FBI failed to act on it.  The agent also said that in tape recorded phone conversations it was clear that the San Juan FBI and U.S. District Attorney Offices were participating in this massive theft and their family members were receiving payoffs; Further explaining the lack of prosecution for so many years.  A short time after that, British Intelligence suggested they were aware of much of same.

Two newspaper editors were able to confirm the tip from the CIA and British Intelligence.

On April 6, 2016, the Caribbean News Now Agency printed the article “Personal conflicts obstruct FBI investigation into Puerto Rico fraud” and the New York Observer printed a similar article on 6 27-16. As of today, it is my understanding that the money continues to flow out of Puerto Rico and find its way back to critical DOJ employees.

Reporting this to the San Juan FBI and U.S. Attorney would be silly, since they were the DOJ employees allegedly accepting the payoffs. I forwarded this information to the Washington Headquarters of the FBI hoping they would do something.

After not hearing anything for almost a year, I filed a Freedom of Information Request.  I received the results today. The Washington FBI referred my complaint back to the San Juan FBI so they could investigate themselves!

As of today, it is my understanding that the money continues to flow out of Puerto Rico and find its way back to critical DOJ employees.

Puerto Rico Bond Fraud that set a new standard for Congressional Corruption? 60 Sec Commercial Summarizing some of the crimes

Press Conference recapping testimony to the SEC/FBI and Congressional Oversight Committee – It is mind bending


Richard Lawless is a former senior banker who has specialized in evaluating and granting debt for over 25 years. He has a Master’s Degree in Finance from the University of San Diego and Bachelor’s Degree from Pepperdine University. He sits on several Corporate Boards and actively writes for several finance publications. The opinions expressed in the preceding commetary are solely his and do not represent those of The Puerto Rico Monitor.


Monday, July 24, 2017

Puerto Rico News Digest For July 24, 2017


JARDINES DE COUNTRY KILL

Carolina neighborhood reports murder for 2nd weekend in a row



















A man believed to be in his early 20s, who is so far unidentified, was shot to death at around 4:30 on Sunday morning in the Jardines de Country Club neighborhood of Carolina. The victim parked his car on 30th Street, between a basketball court and baseball field in the suburban neighborhood, and was apparently shot at several times as he sat in the vehicle. It is unknown whether he was pursued there before being killed. After shooting, the perpetrators presumably drove away in their own vehicle, while the victim left his bullet-riddled car and stumbled for a few feet before falling to the ground, where he died. A 911 call alerted police to the sound of gunfire, and they found the lifeless body soon afterward. This is the second murder reported in Jardines de Country Club inside of a week, and was one of eight violent deaths registered over the weekend across Puerto Rico.


TREASURY NET INCOME UP 1.7% FOR LAST FISCAL YEAR

From The San Juan Daily Star:

"Puerto Rico Treasury Secretary Raúl Maldonado Gautier reported that the net income to the General Fund from the newly concluded fiscal year 2016-17 (July-June) amounted to $9.334 billion, which represents $159.6 million, or 1.7 percent  more than the previous fiscal year 2015-16..."


ROSSELLO SIGNS PATIENTS' RIGHTS LAW 

From Caribbean Business:

"...Puerto Rico Gov. Ricardo Rosselló on Sunday enacted Senate Bill 27, giving patients more say before health insurers and providing greater power to the Patients Advocate Office (OPP by its Spanish initials) when defending those who are  not covered by the government’s medical plan, Mi Salud..."


MORE PR DOCTORS GOING BANKRUPT 

From News Is My Business:

"During the first six months of the year, 17 medical doctors filed for bankruptcy protection, reporting more than $23.5 million in combined debt to the court, a report by research firm Boletín de Puerto Rico confirmed..."


ROSSELLO TRIES TO PUT PR IN CONGRESSIONAL AGENDA

From The Washington Examiner:

"Puerto Rico is throwing a wrench into the mainland's politics. The Caribbean island's government held a referendum on June 11 to gauge public support in what was the territory's fifth-ever plebiscite on statehood, and the vast majority  of voters said yes..."