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Puerto Rico extends water restrictions as drought worsens

2015-08-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A deepening drought in Puerto Rico that has affected 2.5 million people forced the government on Wednesday to extend severe water rationing measures to more communities that are already struggling with an economic crisis. Another 180,000 customers will now receive water only every third day, raising the total facing 48-hour cuts in service to 400,000, as the U.S. territory's main reservoirs continue to shrink, according to the island's water and sewer company. "We have to keep the water that's...

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Puerto Rico defaults on bond payment

2015-08-04 07:34:03| BBC News | Business | UK Edition

Puerto Rico confirms that it failed to make a debt payment at the weekend, in the latest sign of the economic crisis in the US territory.

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Capeco, Puerto Rico terminal fire - Buncefield No 2?

2015-07-26 20:00:00| Oil IT Journal - www.oilit.com

CSB finds poor maintenance of level measuring devices and absence of independent protection.

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Examining Your Fund's Puerto Rico Exposure

2015-07-02 09:03:32| Agriculture - Topix.net

Greece or Puerto Rico, investors have their pick of default poison, but investors in fixed-income, exchange-traded and mutual funds would do well to monitor goings-on in Puerto Rico because the U.S. territory's imminent default could affect some well-known municipal bond funds. So dire is the situation in Puerto Rico, Gov. Alejandro Garca Padilla told the New York Times over the weekend that government finances there are "in a death spiral."

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Puerto Rico struggling to pay off public debt

2015-06-29 23:18:09| IT Services - Topix.net

Puerto Rico's deepening financial crisis could speed up an exodus of money from U.S. municipal bond funds that have placed big bets on the cash-strapped Caribbean island. Investors, for example, pulled $634 million from muni bond funds run by OppenheimerFunds during the first five months of 2015, according to Lipper Inc, a unit of Thomson Reuters.

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