Puerto Rico awaits foreclosure wave as moratoriums expire

New Zealand Herald Wednesday, 24 January 2018 ()
SAN JUAN, Puerto Rico (AP) — Aylsa Torres sighed in relief when she received a letter from her bank two weeks after Hurricane Maria hit. She was among the hundreds of thousands of Puerto Ricans awarded a three-month moratorium on...
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News video: Puerto Rico's Governor Makes Dramatic Move With Power Company

Puerto Rico's Governor Makes Dramatic Move With Power Company 00:42

 Hurricane Maria wiped out electricity for the entire island of Puerto Rico. Now, the U.S. territory says it will take steps to privatize PREPA, its state-owned power supplier. According to the Huffington Post, the process of selling PREPA assets will launch this week. Puerto Rico's governor Ricardo...