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Bond community hails PREPA decision

Observers and participants said the ruling sends a message that the municipal revenue bond pledge is strong and the Oversight Board's plan of adjustment for PREPA as it currently is proposed is unlikely to be able to stand. ....

Puerto-rico , Kent-hiteshew , Phillip-escoriaza , Hector-negroni , Tom-sanzillo , Omar-marrero , Matt-fabian , John-hallacy , Justin-peterson , Joseph-krist , Energy-bureau , John-hallacy-consulting

Tesla Fell Behind, Then Leapt Ahead of ExxonMobil in Market Value This Week

It’s tempting but also perilous to try to draw larger conclusions from the short-term ups and downs of the EV maker and the oil giant. ....

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'Make do with what you get, spend it wisely' - Former U.S. President Bill Clinton tells KNews Journalist when asked about Exxon deal

'Make do with what you get, spend it wisely' - Former U.S. President Bill Clinton tells KNews Journalist when asked about Exxon deal
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Who's behind the destruction of Brazil's Cerrado?

Some of the world's largest pension funds bet big on Brazilian farmland. Communities, and the climate, are paying the price. ....

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The rich don't understand we're in an emergency. Or don't care

That goes, I think, for all of us. Today is one of those days when I feel sucker-punched; more melancholy than angry, a little despairing at the contemptible cowardice of the rich and powerful men who run our banks and hence our lives. But they were frightened by Greta et al before they were frightened by Jim Jordan et al, so back to work. ....

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