Social Bonus: Family Income Limit of 26,000 Euros for Large Families, Says Minister Ribera

Teresa Ribera, the Minister for the Ecological Transition and the Demographic Challenge, has revealed further details about the upcoming modification of the criteria for access to the electric social bonus. The aim of the modification is to prevent large families with high incomes from obtaining public aid. During an interview with Cadena Ser, Ribera explained … Read more

Credit Suisse collapse sends shockwaves through European banking sector

Credit Suisse Shares Plummet, European Banking Sector Experiences Black Day on Stock Market Credit Suisse, Switzerland’s second-largest bank, has experienced a significant fall in its shares, with the price plummeting more than 20% on the Zurich Stock Exchange. The banking sector in Europe has also been affected, registering significant losses. This follows the collapse of … Read more

How to Buy Treasury Bills: A Complete Guide for Investors

How to Buy Treasury Bills: A Step-by-Step Guide Treasury Bills, also known as T-bills, have become a popular investment choice among private investors due to their profitability and low risk. If you’re interested in buying Treasury Bills, here’s what you need to know. What are Treasury Bills? Treasury Bills are short-term public debt securities issued … Read more

Democracy is Prosperity: Private Sector Establishes Independent Spending Committee to Participat

Private Sector Establishes Independent Spending Committee to Participate in Puerto Rico’s Democratic Process A coalition of private sector associations and leaders have announced the registration of an independent spending committee (CGI) to participate in Puerto Rico’s democratic process. The group, named Democracy is Prosperity, aims to support candidates from any party who align with the … Read more

What led to the record earnings of Puerto Rico’s big three commercial banks in 2022?

Analyzing the Factors Behind the Record Earnings of Puerto Rico’s Big Three Banks in 2022 The big three commercial banks in Puerto Rico, Banco Popular, FirstBank, and Oriental, earned an unprecedented $1.24 billion in 2022, surpassing the previous record set in 2021 by $30.6 million (2.5%). The earnings were the result of a 10.2% increase … Read more