Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.

    March 24, 2026

    Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.

    March 24, 2026

    One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.

    March 24, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.
    • Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.
    • One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.
    • The second-biggest bank in Japan is thinking about acquiring Jefferies.
    • Estée Lauder claims to be in communication with Puig of Spain. Its stock isn’t doing well as a result.
    • Trump predicts the Iran war will finish “very soon” and announces the lifting of sanctions to lower oil prices.
    • We’ve learned from 50 years of oil price shocks that there are currently just two factors that matter to markets.
    • Big Tech stocks are steadily rising, but don’t anticipate a sustained surge.
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Commodity Markets Caught in a ‘Super Squeeze’—HSBC Warns of Prolonged Price Surge

      January 26, 2026

      Global Oil Prices Surge Amidst Growing Geopolitical Risks – Best Weekly Performance Since October

      January 26, 2026

      Oil Surges Toward One-Month High on Unexpected US Inventory Drop and Chinese Stimulus

      January 25, 2026

      Oil Prices Fluctuate Amidst US Stockpile Data, Geopolitical Tensions, and China’s Economic Stimulus

      January 24, 2026

      Optimistic Outlook Emerges as Rate Cut Hopes Ignite Real Estate Market Recovery

      January 24, 2026

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Why a real estate investor on crowdfunding site bid $30 million on Diddy’s “freak-off” home in L.A.: “It has a stigma attached to it”

      December 3, 2025

      “Sorry to pop the bubble,” she said. Jude Law tells you why you can’t stay at the cute house from “The Holiday,” a movie that has something for everyone.

      December 2, 2025

      Here are some reasons why Fed Chair Warsh might not be sufficient to recover the cryptocurrency when it approaches $80K.

      January 31, 2026

      UK Accelerates Efforts on Digital Pound Design Amid Privacy and Security Concerns

      January 25, 2026

      Bitcoin Faces 20% Decline Following ETF Launch as Speculators Turn Cautious

      January 23, 2026

      “Crypto Chronicles: FTX Lawsuit Twist, Grayscale’s ETF Shift, and FTX’s Post-Bankruptcy Resurgence”

      January 22, 2026

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      Challenges for Tech Giants: Microsoft, Google, and AMD Stocks Take a Hit Despite Strong Earnings

      June 22, 2024

      ECB’s Villeroy Affirms: Oil Uncertainty No Barrier to June Rate Cut

      April 29, 2024

      Federal Reserve’s Move Leaves Regional Banks in a Quandary for 2024

      April 29, 2024

      Israel’s Credit Rating Takes a Dive: S&P Warns of Military Escalation with Iran

      April 29, 2024

      One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.

      March 24, 2026

      We’ve learned from 50 years of oil price shocks that there are currently just two factors that matter to markets.

      March 9, 2026

      Big Tech stocks are steadily rising, but don’t anticipate a sustained surge.

      March 9, 2026

      These five stocks may rise in response to Nvidia’s major GTC event.

      March 9, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      Global Credit Spreads Hit 2022 Low as Investors Chase Higher Yields Amid Economic Optimism

      January 26, 2026

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.

      March 24, 2026

      The second-biggest bank in Japan is thinking about acquiring Jefferies.

      March 24, 2026

      Trump predicts the Iran war will finish “very soon” and announces the lifting of sanctions to lower oil prices.

      March 9, 2026

      The situation in Iran is unlikely to harm the US economy or increase inflation, but the Fed will take its time lowering interest rates.

      March 3, 2026
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      Biden Administration Freezes Approvals for US LNG Exports, Sparking Debate on Energy and Climate

      January 26, 2026

      Britain Agrees to Return Looted Asante Royal Regalia to Ghana in Historic Loan Deal

      January 25, 2026

      Biden’s Antitrust Wins Cast Shadow on Corporate Mergers in 2024

      August 12, 2025

      Trump’s 10% Tariff Plan Echoes Nixon’s 1971 Strategy: A Closer Look at the Historical Precedent

      April 6, 2025

      As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.

      March 24, 2026

      McDonald’s may send its 1,057-calorie Big Arch burger to America soon. Why it might sell for a billion dollars.

      January 31, 2026

      What the Apple bearish are misinterpreting about the stock is as follows.

      January 31, 2026

      UPS plans to reduce its Amazon operations by over 50%. Here’s why.

      January 30, 2026

      FOREX-Dollar Declines Amidst Asian and European Currency Surge

      January 24, 2026

      Goldman Sachs Warns of Potential Risks to European Stocks if Trump Secures Presidential Victory

      January 24, 2026

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      TSX Futures Rally as Commodity Prices Surge Ahead of Bank of Canada Decision

      January 24, 2026

      Today’s Stock Market: US Equities Rise Once More, Fueled by Tech Sector Momentum.

      January 22, 2026

      Morgan Stanley and JPMorgan Advise Purchasing the dip Amid Treasury Sell-off Downturn.

      January 21, 2026

      The Economic Downturn Signal Maintains a Flawless Record for 72 Years: Here’s Its Projection for What Comes Next.

      January 21, 2026

      As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.

      March 24, 2026

      Estée Lauder claims to be in communication with Puig of Spain. Its stock isn’t doing well as a result.

      March 24, 2026

      YouTube is currently the biggest media corporation in the world, and it continues to grow.

      March 9, 2026

      Making the most of a government shutdown is what the IRS is attempting to accomplish. Here’s how to secure your return.

      February 1, 2026
    • LIST & RANKING

      Top CEO’s of the Year

      January 18, 2026

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » Puerto Rico is without power for two days because almost the whole island is without power for the new year.
    Economy

    Puerto Rico is without power for two days because almost the whole island is without power for the new year.

    January 1, 2025Updated:January 1, 2025No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    im 51592555
    Share
    Facebook Twitter LinkedIn Pinterest Email

    WEST SAN JUAN, Puerto Rico— Almost the whole island of Puerto Rico lost power early Tuesday morning as the U.S. territory got ready for New Year’s. More than 1.3 million customers were left without power. The power might not be back on for up to two days, according to the government.

    Before people who could afford generators could turn them on, the power went out at dawn, leaving the island in eerie silence as appliances and air conditioners turned off.

    A man who only gave his name as Manuel yelled, “It had to be on the 31st of December!” as he sulked outside of a grocery store in San Juan, the capital, about the power loss that happened on his birthday. “There is no joy.”

    The private company Luma Energy, which is in charge of power transfer and distribution in Puerto Rico, says that nearly 90% of its 1.47 million customers were left in the dark.

    The power was back on for more than 336,000 people by Tuesday night, according to Luma. This included 16 hospitals and Puerto Rico’s water and sewer company. But the company’s website that showed who still didn’t have power was down.

    Luma said in a statement, “We understand how very frustrating this outage has been, especially on a day like today.” “We’re sorry that we had to mess up your plans.”

    Luma said that it was likely an underground power line that broke that caused the power loss. It said that power is being brought back “in the safest and fastest way possible.” A spokeswoman for Luma named Hugo Sorrentini told the Associated Press that the event was being looked into.

    Discover Puerto Rico, a non-profit that promotes the island, told visitors about the power outage on its website and asked cruise ship passengers to call tour companies directly to see if they had generators and were open for the day.

    On Tuesday, five cruise ships were set to dock in Puerto Rico. Most hotels had generators going, but short-term rentals that didn’t have them said they had to cancel reservations. San Juan’s largest international airport stayed open.

    The blackout made people even more angry at Luma and Genera PR, which is in charge of making new power in Puerto Rico. More and more people are calling for them to be fired.

    It has been asked that a “energy czar” be appointed to look into possible breaches of contract by Luma until a new provider is found. Governor-elect Jenniffer González Colón will be sworn in on January 2.

    “We can’t keep relying on an energy system that fails our people,” she wrote on the social media site X. She also said that her top goal as governor would be to make Puerto Rico’s energy grid more stable.

    At the same time, Gov. Pedro Pierluisi said he was in touch with Genera PR and Luma. He also said on X that “we are demanding answers and solutions.”

    President Joe Biden talked to Pierluisi about the outage on Tuesday night and offered help from the federal government. Also, Biden talked to U.S. Energy Secretary Jennifer Granholm and told her to help in any way possible to get power back on the island as soon as possible.

    Because of the outage, many stores, parks, and malls had to close. The government also told some of its offices they would have limited hours. Workers checked on hundreds of patients who were stuck in bed and gave diabetics ice to keep their insulin cool.

    Some Puerto Ricans started making plans for the future.

    “I’m going to my balcony.” “That’s where I’ll sleep,” 63-year-old diabetic Raúl Pacheco said with a shrug as he sat on a chair to take care of his hurt foot.

    Julio Córdova, who works for the city, said he got dressed with the flashlight on his phone and was going to buy candles.

    “This makes me sad because I had plans.” Today or tomorrow couldn’t have been the day?” He said this while raking leaves and shaking his head.

    Puerto Rico rarely loses power across the whole island, but the U.S. state has long-term power outages that are caused by a power grid that was destroyed by Hurricane Maria, a Category 4 storm in September 2017.

    But the system was already getting worse after years of not being maintained or invested in.

    Power grid fixes in Puerto Rico that will last after Hurricane Maria just started a few days ago. The island still relies on generators that were sent there by the Federal Emergency Management Agency (FEMA) to help keep the power grid stable.

    The government of Puerto Rico asked U.S. officials in November if they could keep using more than a dozen portable generators for another two years.

    Some people in Puerto Rico didn’t mind the current power outage.

    Enid Núñez, 49, said, “They’re part of my everyday life.” She used a small gas stove she got for these kinds of events to cook breakfast before going to work.

    At the same time, Puerto Rico’s Electric Power Authority, which has more than $9 billion in debt and is the island’s biggest government agency, is having a hard time reorganizing its debt.

    More than 60% of Puerto Rico’s energy comes from oil-based power plants. Natural gas and coal come in second and third, respectively. Only about 7% of the power used on an island where over 40% of the people are poor comes from solar panels on roofs.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.

    March 24, 2026

    The second-biggest bank in Japan is thinking about acquiring Jefferies.

    March 24, 2026

    Trump predicts the Iran war will finish “very soon” and announces the lifting of sanctions to lower oil prices.

    March 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2025

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2025

    These are the 2024 Moneyist articles that got the most views.

    December 31, 2024
    Don't Miss
    Companies

    As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.

    March 24, 2026

    Elon Musk has revealed a bold strategy to produce chips for his own businesses.This year,…

    Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.

    March 24, 2026

    One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.

    March 24, 2026

    The second-biggest bank in Japan is thinking about acquiring Jefferies.

    March 24, 2026
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • im 07148922
      As Elon Musk implements his "Terafab" vision, these chip stocks might be profitable.
    • im 82223512
      Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.
    • im 60266991
      One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.