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Tag Archives: hurricane

Assured Guaranty pulls Puerto Rico lawsuit, cites hurricane

NEW YORK (Reuters) – Puerto Rico bond insurer Assured Guaranty Ltd (AGO.N) said late on Friday it voluntarily withdrew a complaint that challenged the legality of the island’s fiscal turnaround plan, citing the devastating impact of Hurricane Maria. The move may temporarily ease Puerto Rico’s financial problems as it struggles …

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FCC approves up to $77 million to restore communications after hurricane

WASHINGTON (Reuters) – The U.S. Federal Communications Commission on Wednesday approved up to $77 million to fund repairs of communication networks and restore services in storm-lashed Puerto Rico and the U.S. Virgin Islands. As of Tuesday, almost two weeks after Hurricane Maria walloped Puerto Rico, knocking out its electric grid …

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Trump blames Puerto Ricans for slow hurricane response

SAN JUAN, Puerto Rico (Reuters) – U.S. President Donald Trump on Saturday placed blame squarely on Puerto Ricans for the slow recovery from Hurricane Maria after critics complained that his administration’s response to the U.S. territory’s plight was insufficient. Eleven days after the devastating storm wiped out power, water and …

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Puerto Rico seeks waiver of shipping restrictions to speed hurricane relief

SAN JUAN, Puerto Rico/NEW YORK (Reuters) – Puerto Rico officials pressed the Trump administration on Wednesday to lift a ban on foreign shipping between American ports as the U.S. island territory struggled with fuel, water and medical supply shortages one week after Hurricane Maria struck. Even as federal emergency management …

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