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Tag Archives: Hurricane Maria

FBI Is Probing Puerto Rico’s $300 Million Power Contract With Whitefish Energy

Just a day after Puerto Rico's cash-strapped power authority on Sunday canceled its controversial $300 million contract with Whitefish Energy, a small Montana company tasked with rebuilding the island's power grid after it was completely destroyed by Hurricanes Maria and Irma, the WSJ is reporting that the FBI is looking into the circumstances surrounding the contract. The contract was canceled on orders from Puerto Rico Gov. Ricardo Rossello, who pointed to the burgeoning...

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“God Is All I Have” – One Month In, Puerto Ricans Fight For Survival Amid Sluggish Recovery

A day after President Donald Trump gave his administration’s Puerto Rico response a “10 out of 10” during a White House meeting with the island’s Gov. Riccardo Rossello, a handful of media outlets are reporting that, one month after Maria first made landfall in southeastern Puerto Rico, many villages still don’t have access to electricity, clean water or - in more than a few cases - the outside world. It was great to have Governor @RicardoRossello of...

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Hurricane Ravaged Dominica: “It’s All Gone” And Fighting For Survival

Authored by Mac Slavo via SHTFplan.com, In just the blink of an eye, island life on Dominica was turned upside down.  Like Puerto Rico, Dominica was violently ravaged by Hurricane Maria, and residents are still fighting for survival. To date, 26 people are confirmed dead, 31 are still missing, and more than 50,000 people are displaced on the island that has a total population of roughly 74,000. When  ABC’s Nightline visited Dominica six days after the storm, the only way to...

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Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver

Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver - Most of Puerto Rico remains in the dark and without power three weeks after storm- With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash- Shortages of food, fuel and medicine with infrastructure repairs delayed- Power could be 'out for months' as 85% of people remain off the grid- Around 75% of ATMs disconnected- Electronic forms...

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Puerto Rican Mayors Investigated For Hoarding Supplies For “Constituents Who Voted For Them”

Over the past couple of weeks, President Trump has taken a beating in the mainstream media for, among other things, suggesting that the mayor of San Juan had politicized federal disaster relief efforts in response to Hurricane Maria and that it was, in fact, local mayors and residents who were failing to help the recovery effort and not the federal government.  Here are just a couple of the tweets as a refresher on the topic: ...Such poor leadership ability by the Mayor of San Juan, and...

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Puerto Rico Bonds Crash To Record Low After Trump Says Debt May Need To Be “Wiped Out”

Echoing President Obama's interference in the legal bondholder process of the General Motors bankruptcy, President Trump's comments that Puerto Rico's debt "will be wiped out" yesterday has sparked a bloodbath in PR Muni bonds. Puerto Rico's 8s of 2035 have plunging to a record low 35 cents on the dollar this morning from 44 yesterday, as bondholders fled hitting any bid, worried that Trump would follow through on his warning. And it's getting worse. Based on...

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Drone Footage Shows Puerto Rico Devastation From The Air

Hurricane Maria caused widespread damage to Puerto Rico. Drone footage captured the scene in San Juan and Canóvanas on Sept. 21. As we reported earlier, flash flooding caused by the storm has prompted the NWS to warn that a dam in the northwestern part of the island is in danger of failing, prompting the government to scramble to evacuate the 70,000 residents of the river valley beneath the dam that is in danger of being completely submerged....

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Hurricane Maria Intensifies To “Extremely Dangerous” Cat-4 Storm Ahead Of Puerto Rico

Does this look familiar? As AP reports, Hurricane Maria has intensified into a dangerous Category 4 storm as it bears down on the Caribbean. The National Hurricane Center in Miami said Monday the storm is growing in strength as it approaches land. The eye of the storm is expected to pass near the island of Dominica on Monday evening.   The center called the storm "extremely dangerous," with maximum sustained winds of 130 mph (215 kph).   At 5 p.m. EDT, the storm was...

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