Puerto Rico

Congress, Obama call for a Financial Control Board for Puerto Rico

By Rafael Azul, 13 June 2016

The US ruling elite intends to use the crisis as an opportunity to drastically reduce working conditions and living standards in Puerto Rico.

US house approves new austerity program for Puerto Rico

By Rafael Azul, 23 May 2016

The bipartisan measure attacks virtually every right of Puerto Rican workers and youth, while protecting the profits of Wall Street and the interests of bond holders.

Puerto Rico declares moratorium on $367 million debt payment

By Rafael Azul, 4 May 2016

As its economy sinks, Puerto Rico confronts a social crisis of historic proportions.

Puerto Rican government will not pay portion of its debt

By Rafael Azul, 5 January 2016

The government of Puerto Rico announced that it would default on $37 million out of a $900 million payment this week.

Puerto Rico faces default on its debts

By Rafael Azul, 28 December 2015

Despite his protests over congressional inaction, the Padilla administration has contributed to the increasing human misery facing Puerto Ricans with draconian austerity measures.

More austerity for Puerto Rico

By Rafael Azul, 31 October 2015

While the US congress considers bankruptcy for Puerto Rico, legislators in the Caribbean island are stepping up austerity measures.

Puerto Rican government unveils anti-worker austerity plan

By Rafael Azul, 11 September 2015

Puerto Rico’s debt payment plan is a frontal attack on education, health care, jobs and living standards to benefit bond holders and corporations.

Puerto Rico on rations

By Rafael Azul, 10 August 2015

Puerto Rico’s creditors continue to insist that the country, currently suffering from extreme draught, must implement "painful" measures in response to $73 billion in debt.

Creditor group calls for slashing education and social spending in Puerto Rico

By Rafael Azul, 30 July 2015

The creditors laid down a set of dictates including tax hikes, the sale of $4 billion worth of public assets, and the slashing of public education and other social programs.

Puerto Rican plan to make workers pay for the island’s debt crisis

By Rafael Azul, 14 July 2015

A combination of “pro-growth” and “supply-side” measures would impoverish the Puerto Rican working class.

Puerto Rico spirals towards bankruptcy amid mass poverty and increasing inequality

By Rafael Azul, 7 July 2015

A Detroit-style bankruptcy process for Puerto Rico will destroy living conditions and impose a bankers’ dictatorship.

Puerto Rico governor declares debts “not payable”

By David Brown, 30 June 2015

The government of Puerto Rico is looking to impose brutal austerity measures on the working class in order to secure payment to wealthy creditors.

Austerity budget deepens Puerto Rico’s economic crisis

By John Marion, 29 May 2015

While the lack of health care funding causes scenes reminiscent of Greece, the Puerto Rican government is preparing a budget that will impose drastic cuts.

Puerto Rico’s governor seeks to placate bond markets with austerity measures

By John Marion, 28 June 2014

Faced with a continuing debt crisis, Governor Alejandro García Padilla is imposing austerity measures to protect the position of lenders.

Puerto Rico’s pensions in the crosshairs

By Marc Wells, 22 March 2014

As Puerto Rico may be heading toward a default, investors prepare to dodge their losses by attacking pensions and social programs.

Puerto Rico steps up austerity after cut in credit rating

By Bill Van Auken, 6 February 2014

Puerto Rico’s government ordered across-the-board budget cuts of 2 percent and promised more austerity measures after the island’s credit rating was downgraded to junk status.

Wall Street demands austerity in Puerto Rico

By John Marion, 23 January 2014

Bond traders are responding to Puerto Rico’s government debt problems by demanding the imposition of austerity measures.

Workers rally in support of Puerto Rican students

By Rafael Azul, 21 May 2010

Thousands rallied across Puerto Rico on May 18th in support of striking Puerto Rican students and in opposition to the austerity policies of the governor.

Police attack student strikers at University of Puerto Rico

By Rafael Azul, 17 May 2010

On May 14, Puerto Rican security forces moved to break a student strike by laying siege to the Rio Piedras campus of the University of Puerto Rico, in violation of the long-standing tradition of autonomy at UPR campuses.

Puerto Rican students occupy four universities

By Alphonso Santana and Rafael Azul, 28 April 2010

Students have occupied Puerto Rico’s largest university, the University of Puerto Rico at Rio Piedras, in a suburb of San Juan, to oppose tuition increases and the privatization plans of Governor Luis Fortuño.

Puerto Rico: General strike against mass layoffs

By Bill Van Auken, 17 October 2009

Hundreds of thousands of workers joined a day-long general strike Thursday in opposition to the layoffs of tens of thousands of public employees ordered by the island territory’s Governor Luis Fortuño.

Puerto Rico: Mass layoffs provoke protests, strikes

By Bill Van Auken, 5 October 2009

The Puerto Rican government’s announced layoff of 17,000 public employees has provoked protests and strikes.

US Navy to be sued for depleted uranium use on Caribbean island

By Harvey Thompson, 21 February 2001

The inhabitants of the Puerto Rican island of Vieques are to take the United States Navy to court for compensation over a claim that its use of depleted uranium (DU) shells has caused a cancer epidemic.

US dragnet snares Vieques protesters

By Bill Vann, 7 July 2000

Demonstrators gathered July 4 outside the Guaynabo Detention Center in Puerto Rico in protest over the mass roundup of opponents of the US Navy's continuing bombardment of the island of Vieques.