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Olduvai III: Catacylsm
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Governor Of Puerto Rico Set To Impose Capital Controls

Governor Of Puerto Rico Set To Impose Capital Controls  Yesterday, in the latest plot twist surrounding the inevitable Puerto Rico default, we observed that after the commonwealth island’s Senate passed a surprising bill to impose a debt moratorium on any future debt repayment, its bonds – predictably – tumbled. We also noted that the legislation addressed the […]

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Puerto Rico Faces “Public Unrest” As Cash Crunch May Leave Government Workers Unpaid

Puerto Rico Faces “Public Unrest” As Cash Crunch May Leave Government Workers Unpaid Heavily indebted Puerto Rico was due to meet with representatives of its creditors on Friday in a desperate attempt to forge ahead with a plan to restructure some $72 billion in debt. No offer is expected to be made at the meetings […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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