The newly appointed U.S. official charged with overseeing disaster recovery in Puerto Rico said this week that while the pace of federally funded projects to help hurricane and earthquake victims has quickened, he’s worried about long term efforts. The comments …
More than two years ago, Hurricane Maria revealed that Puerto Rico was utterly unprepared for a powerful hurricane despite its location in one of the world’s most storm-vulnerable regions. Now, a flurry of earthquakes topped by a magnitude 6.4 temblor …
A magnitude 5.9 quake shook Puerto Rico on Saturday (January 11) causing millions of dollars of damage along the island’s southern coast, where previous recent quakes have toppled homes and schools. The U.S. Geological Survey said the 8:54 a.m. (1254 …
The House on Friday passed a $19 billion disaster aid bill that would deliver long-sought relief to farmers, victims of hurricanes and floods, and rebuild southern military bases, as Democrats try to dislodge the legislation from a Senate logjam over …
The administrator of the U.S. Federal Emergency Management Agency said Friday it will take up to an estimated $50 billion to help rebuild Puerto Rico from Hurricane Maria and warned that the U.S. territory is not ready for another disaster. …
Puerto Rico Governor Ricardo Rossello said the island has agreed to give the Federal Emergency Management Agency unprecedented power to oversee disaster-relief spending, a step that may mollify Congress as the territory seeks billions to recover from Hurricane Maria. Rossello, …
Shares of three major bond insurance firms with exposure to Puerto Rico fell on Monday after a “60 Minutes” episode aired on Sunday highlighted the extensive damage wreaked on the island by Hurricane Maria. Andrew Gadlin, a research analyst at …
The Senate sent President Donald Trump a $36.5 billion hurricane relief bill Tuesday that gives Puerto Rico access to $4.9 billion in low-interest Treasury loans, amid concerns that recovery efforts from the recent disasters will require significantly more funding. The …
The U.S. House of Representatives on Thursday approved $36.5 billion in emergency relief for hurricane-hit Puerto Rico and other areas that have suffered recent disasters. In addition to the U.S. territory of Puerto Rico, which is recovering from devastation wreaked …
House lawmakers unveiled a bill Tuesday night that would provide $36.5 billion in emergency funding for hurricane and wildfire relief requested by the Trump administration. With Congress under pressure to provide urgent help to storm victims in Texas, Florida and …
