The FBI is Investigating Municipal Offices in San Juan
Rick Scott has millions invested in PREPA, Bad Bunny criticizes PR's education system and more...
→ FBI Agents Raid San Juan, Puerto Rico City Offices in Fraud, Obstruction Investigation
The raid was focused on San Juan’s purchasing division. (William Cummings / USA Today)
→ Rick Scott has Millions Invested in Puerto Rico Electric Company
Florida’s governor and his wife have at least $5 million invested in a blind trust managed by AG Superfund, a hedge fund which issued credit to PREPA. (Dan Christensen / Florida Bulldog)
→ $3 Billion Already Spent to End Longest Blackout in U.S. History. Could Renewable Energy Help Puerto Rico?
Officials estimate it would take another $26 billion to fully upgrade the energy grid. (Rick Jervis / USA Today)
→ Bad Bunny Pens Statement Criticizing Puerto Rico’s Failing Education System
On Facebook, a Puerto Rican teacher wrote a post airing her frustrations that her students struggle to stay motivated amid school closures and that they become distracted by pop entertainers like Bad Bunny. The rapper issued a response, arguing that he isn’t personally responsible for the failing education system. He also wrote about his own experience being educated in Puerto Rico: “I appreciate your effort to educate the children of my country, with unjust wages and few resources from the government. And I confess, that just like you, every school closure hurts my soul.” (Isabelia Herrera / Remezcla)
→ Puerto Rico Unemployment Declines to Lowest Rate in at Least 76 Years (Paywall)
The unemployment rate declined to 8.4% in September. (Robert Slavin / Bond Buyer)