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Puerto Rico news and analysis from The Nation
Today 2:04 pm
Students Are Now Leading the Resistance to Austerity in Puerto Rico
Some $40 billion of the island’s debt could be illegal—so why is the government shutting down the audit commission?
March 2, 2017
After a Century of American Citizenship, Puerto Ricans Have Little to Show for It
Puerto Rico has never been more than a profit center for the US. Now an unelected board governs the island as a de facto collection agency for hedge funds and Wall Street speculators.
July 2, 2016
Just in Time for the July 4 Break, Congress Imposes ‘Colonialism at Its Worst’ on Puerto Rico
Power is supposed to derive “from the consent of the governed,” but a new law addresses a debt crisis with an assault on democracy.
June 10, 2016
Ever Heard of ‘Vulture Funds’? Well, They’re Destroying Puerto Rico
People are literally dying because of Wall Street greed.
Brave New Films
June 7, 2016
Who Is Responsible for Puerto Rico’s Debt?
There’s evidence some of it is illegal—and activists agree that Washington’s colonial control over the island’s economy helped create the crisis.
May 23, 2016
No, Paul Ryan, Austerity Will Not Fix the Starving Puerto Rican Economy
House Republicans want to let an unelected “control board” impose brutal cuts on people who have already suffered enough.
May 16, 2016
Bernie Sanders Says the US Must End Its ‘Colonial-Type Relationship’ With Puerto Rico
Opposing austerity schemes that target the island, the senator rips economic injustice and political inequality.
April 15, 2016
Orwell in Puerto Rico: Congress ‘Promises’ a New Dictatorship
It says it’s going to resolve the island’s debt fairly, but the PROMESA bill establishes an authoritarian collection agency for hedge funders.
August 19, 2015
Is an Obama Donor Tying the President’s Hands on Puerto Rico’s Debt Crisis?
Vulture-fund investor Marc Lasry—who raised $500,000 for Obama in 2012—stands to gain if the commonwealth is not bailed out.
July 21, 2015
How Hedge and Vulture Funds Have Exploited Puerto Rico’s Debt Crisis
For this island teetering on bankruptcy, debt renegotiation is imminent—but on whose terms?