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Proposal would hike daily limit on P2P electronic transfers from $500 to $1,000.
By THE STAR STAFF A new legislative measure filed in the Puerto Rico House of Representatives would require financial institutions on the island to increase the daily limit for person‑to‑person electronic transfers through mobile applications -- such as ATH Móvil (ATM) -- from $500 to $1,000. The proposal, titled the “Law to Expand Person‑to‑Person (P2P) Fund Transfer Limits,” was introduced Monday by Reps. Joe Colón Rodríguez, Jerry Nieves Rosario and Luis Jiménez Torres. Th

The San Juan Daily Star
Mar 171 min read


Supreme Court suspends ex-Gov. Vázquez from practicing law.
Former governor Wanda Vázquez Garced (Facebook via Wanda Vázquez Garced) By THE STAR STAFF The Puerto Rico Supreme Court on Monday ordered the immediate and indefinite suspension of former governor Wanda Vázquez Garced from both the practice of law and the notarial profession following her federal conviction related to financing her 2020 gubernatorial campaign. The decision took effect immediately. According to the court’s ruling, Vázquez, who served as governor from 2019 to

The San Juan Daily Star
Mar 172 min read


Rivera Schatz: ‘The aggressor’ is the governor’s chief of staff.
Senate President Thomas Rivera Schatz Verbal sparring between González Colón, Senate president shows little sign of letting up By THE STAR STAFF Senate President Thomas Rivera Schatz on Monday rejected being labeled an “aggressor” by Gov. Jenniffer González Colón. “She refers to the [La Fortaleza] chief of staff [Francisco Domenech Fernández] -- someone who ‘was’ indeed an aggressor, and who assaulted Verónica Ferraiuoli -- as the chief of staff. And Verónica Ferraiuoli told

The San Juan Daily Star
Mar 173 min read


Analysts raise red flags on New Fortress Energy’s financial condition.
By THE STAR STAFF Despite securing a new contract to supply natural gas in Puerto Rico, power plant fleet operator Genera PR’s parent company, New Fortress Energy, is in serious financial distress that analysts say raises red flags for investors and for jurisdictions now reliant on its operations, according to several stateside publications. New Fortress Energy, a global liquefied natural gas (LNG) company traded on NASDAQ under the ticker NFE, is carrying nearly $9 billion i

The San Juan Daily Star
Mar 162 min read


Citizens challenge PREPA pension charge in energy bill as illegal, unconstitutional.
The Puerto Rico Electric Power Authority Retirement System says that because the Provisional Charge funds retiree pensions, any order halting or nullifying it would cause “immediate, irreparable harm” to thousands of former authority workers who depend on monthly pension checks. By THE STAR STAFF A group of Puerto Rico electricity consumers is asking the federal court overseeing the Puerto Rico Electric Power Authority (PREPA) bankruptcy to let their lawsuit proceed, arguing

The San Juan Daily Star
Mar 163 min read


Dredging of Carraízo Reservoir completed.
The dredging of Carraízo Reservoir represents a total investment of $106.8 million, funded through the Federal Emergency Management Agency and the Community Development Block Grant Disaster Recovery program, as well as the Puerto Rico Aqueduct and Sewer Authority. By THE STAR STAFF Gov. Jenniffer González Colón and Puerto Rico Aqueduct and Sewer Authority (PRASA) Executive President Luis Reinaldo González Delgado announced over the weekend the completion of the dredging proje

The San Juan Daily Star
Mar 162 min read


Housing secretary’s departure does not end New Progressive Party division.
Then-Housing Secretary Ciary Pérez Peña, left, and Gov. Jenniffer González Colón By THE STAR STAFF Puerto Rico Housing Secretary Ciary Pérez Peña submitted her resignation on Saturday, marking the end of a month‑long controversy surrounding alleged irregularities at an auto inspection center owned by her family in Yabucoa but doing little to end divisions in the governing New Progressive Party. Her resignation will take effect today, Gov. Jenniffer González Colón said. The go

The San Juan Daily Star
Mar 162 min read
Work on PR-181 begins with $12 million federal investment.
By THE STAR STAFF Rehabilitation work has begun on highway PR-181 -- a route connecting hundreds of families and traveled daily by more than 30,000 residents, primarily from Trujillo Alto, Gurabo and San Lorenzo. While serving as resident commissioner, Gov. Jenniffer González Colón allocated $3 million for the project for fiscal year 2023 as part of Community Projects -- funds directly allocated by members of Congress. As governor, she allocated the remaining $8.9 million, dr

The San Juan Daily Star
Mar 162 min read


Fiscal board chastises LUMA for executing contract without bidding.
Jaime A. El Koury, general counsel to the Financial Oversight and Management Board for Puerto Rico ( oversightboard.pr.gov ) By THE STAR STAFF Despite conditionally approving it, the Financial Oversight and Management Board criticized LUMA Energy ServCo LLC for signing a $43.5 million contract with Evertec Group LLC without conducting competitive procurement and at a higher cost. The decision was communicated in a letter dated March 10, addressed to LUMA Chief Procurement and

The San Juan Daily Star
Mar 162 min read


Ferrer warns GEO against playing pitcher and catcher in Parra’s contract probe.
Questions arise over an amendment to a government contract involving former Justice Secretary Janet Parra as officials call for a review by the Government Ethics Office. By THE STAR STAFF The Popular Democratic Party’s spokesperson in the House of Representatives, Héctor Ferrer Santiago, sent a letter Wednesday to Luis A. Pérez Vargas, executive director of the Puerto Rico Government Ethics Office (GEO), raising concerns over an amendment made to former Justice Secretary Jane

The San Juan Daily Star
Mar 132 min read
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