This photo provided by Aeromed shows the collapsed Radio Telescope in Arecibo, Puerto Rico. Usa Today News; Search for: Massive Puerto Rico telescope featured in James Bond movie collapses. Stay on top of Puerto Rico latest developments on the ground with Al Jazeera’s fact-based news, exclusive video footage, photos and updated maps. Muni Bonds News and Perspectives. But the big news is that we have a new Agreement with Brevet to provide us with $100-million in capital with a $10-million draw for Puerto Rico.” (Click image to enlarge) About EHT EnerDynamic Hybrid Technologies is a Canadian-based company delivering leading-edge energy solutions. Puerto Rico's fragile economy is facing an uncertain future after the island's governor rejected a settlement announced late Sunday with bondholders … WASHINGTON – The Supreme Court decided Monday not to complicate Puerto Rico's struggles with massive debt and natural disaster by upending the … Published Sun, Feb 9 2020 7:03 PM EST Updated Sun, Feb 9 … A weary Puerto Rico prepares for referendum, new leaders. The fight over Puerto Rico’s debt raises questions about how safe it is to buy the bonds of other financially troubled cities and states such as Chicago, Connecticut, New Jersey, and Illinois. Please contact us for more information. Share Tweet. The rates sheet below is only a sample of bonds available. Last June Puerto Rico’s Governor, Garcia Padilla, said his government was out of money and would have to default on some of the bonds issued by various government agencies. Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. News . Massive Puerto Rico telescope featured in James Bond movie collapses The telescope - which received radio waves from space - had been used by scientists around the world to hunt for possible signatures of extraterrestrial life, study distant planets and find potentially hazardous asteroids . Find everything about Puerto Rico municipal bonds. If you have any questions, please call us at 1-800-FMS-BOND (1-800-367-2663) or e-mail us. US politics. Puerto Rico's federal control board is asking a court to invalidate over $6 billion worth of debt issued by the U.S. territory in clear violation of constitutionally set debt limits. 11/25/2020 by James A. Klotz. These Muni Puerto Rico Bonds were updated on: February 19, 2019. San Juan, Puerto Rico, Nov. 12, 2020 (GLOBE NEWSWIRE) -- (via Blockchain Wire) - Crypto Mondays, Dorado Genesis and the Act 20/22/60 Special Committee of the Puerto Rico Chamber of Commerce, today announced their first joint event, “THE FUTURE OF … Puerto Rico bankruptcy judge Laura Taylor Swain provided a victory to bond insurers in their fight against Puerto Rico bond underwriters at a Wednesday hearing. They also chose statehood advocates as governor and resident commissioner. On the mainland, most Puerto Rican voters selected a president who has spoken in favor of statehood, even though voters living in Puerto Rico cannot vote in presidential elections. Sept. 2017 Hurricane Maria hits Puerto Rico, and bond values plummet amid fears the island will never be able to pay its debt. On November 3rd, 2020, voters in Puerto Rico chose statehood in a status referendum. If it succeeds, states struggling with pension costs might seek a similar option. Colorado Municipal Bonds Florida Municipal Bonds New York Municipal Bonds Oregon Municipal Bonds Texas Municipal Bonds Washington Municipal Bonds Municipal Puerto Rico Bond Rates. A restructuring agreement for bondholders of debt issued by Puerto Rico's Sales Tax Financing Corp., known as COFINA, was approved Monday by the federal judge overseeing Puerto Rico… Puerto Rico is preparing itself for Tropical Storm Dorian, which is projected to hit the island by Wednesday afternoon. Puerto Rico is an unincorporated territory of the United States, located approximately 1,000 miles southeast of Miami. Track CUSIPs, learn about issuers and dive deep into every Puerto Rico municipal bond. Questions? News. December 1, 2020 admin Leave a Comment on Massive Puerto Rico telescope featured in James Bond movie collapses. They are listed by date. Assured Guaranty Ltd., in an Oct. 2 Assured Guaranty Ltd., in an Oct. 2 Puerto Rico policeman accused of theft while in uniform ABC News 18:16 17-Nov-20 Pandemic Déjà Vu Public Books 16:21 17-Nov-20 Puerto Rico Nutrition Benefit Cuts Risk Food Insecurity, Show Block Grant’s Limits Center on Budget and Policy Priorities 15:37 17-Nov-20 The Puerto Rican government-debt crisis is a financial crisis affecting the government of Puerto Rico. Finance Industry Today. A massive radio telescope at Puerto Rico’s Arecibo Observatory – one of the world’s largest – collapsed on Tuesday after sustaining severe … Analysis ‘Assured’ Uncertainty: Why First Circuit’s Decision Related to Puerto Rico’s Insolvency May Shake Up the Municipal Bond Market Latest news and breaking news from Puerto Rico: Puerto Rico, officially the Commonwealth of Puerto Rico (Spanish: Estado Libre Asociado de Puerto Rico, lit. "Puerto Rico has taken an important step toward its total financial recovery," Gov. By: Reuters | Updated: December 2, 2020 11:21:49 am This photo provided by Aeromed shows the … However, unlike other triple tax exempt bonds, Puerto Rican bonds uphold such exemption regardless of where the bond holder resides. As of November 16, there have been 76,094 confirmed COVID-19 cases and 935 resulting deaths in Puerto Rico, according to data from the New York Times. Puerto Rico’s financial collapse led Congress to create a way for the territory to restructure its debt. SHARES. Puerto Rico government general obligation bonds issued in: 2009 Puerto Rico bondholders, oversight board strike $35 billion debt restructuring deal . Ricardo Rossello said in a statement. Puerto Rico's federally appointed financial oversight board announced a revised fiscal plan after coronavirus effects have reduced the island's surplus by 65 percent as it works to pay debts. Muni News and Perspectives. Tinkering Attempts Don’t Distract from Muni Market’s Core Role . Set Up FREE Account Submit Release. A record 5 parties field candidates for Puerto Rico governor. Bonds issued by the government of Puerto Rico and its subdivisions are exempt from federal, state, and local taxes (so called "triple tax exemption"). Puerto Rico Pays GO Debt, Skips PRIFA Payments . +1 (202) 335-3939. Puerto Rico Loans News Topics; Specialized News Sections on Puerto Rico Loans. Muni News and Perspectives; Puerto Rico Pays GO Debt, Skips PRIFA Payments; Klotz on Bonds. Puerto Rico Bondholders Reach Tentative Deal With Oversight Board Pact raises recovery for newer general obligation bonds, moving the U.S. territory closer to bankruptcy exit The already damaged radio telescope that has played … The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it would be able to pay its debt. James A. Klotz. Puerto Rico’s bankruptcy has always been messy, but years later, it seems just as chaotic, if not worse. Puerto Rico paid interest due on its general obligation bonds but diverted cash set aside for its infrastructure bonds, a move insurers deemed as illegal. The deteriorating telescope's 900-ton instrument platform, suspended by cables 450 feet (137 meters) above a 1,000-foot-wide (305 meters) bowl-shaped reflector dish, fell on Tuesday morning, the U.S. National Science Foundation said.