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Puerto Rico

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Last Updated: Just Now
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World Politics & Diplomacy Just now (11:17 AM IST)

U.S. Coast Guard Searches for Survivors After Boat Capsizes Near Puerto Rico

The U.S. Coast Guard and partner agencies are continuing a search-and-rescue operation off Puerto Rico after a makeshift vessel carrying dozens of people capsized near Mona Island. Officials said at least 40 people were rescued and two bodies recovered, while several others remain missing as the operation expands across rough waters and remote coastline. The incident underscores the persistent dangers of irregular maritime migration through the Caribbean corridor, where overcrowded and unseaworthy boats regularly put lives at risk.

By RDU Global Wire5 min read
Global Economy & Central Banks7h ago

Federal Reserve Bars Former Banco Popular Employee Over Customer Fund Misappropriation

The Federal Reserve Board on Thursday announced a consent prohibition order against Gadiel Rosario-Alvarado, a former employee of Banco Popular de Puerto Rico in San Juan, after determining he misappropriated customer funds. The enforcement action permanently restricts Rosario-Alvarado from participating in the banking industry without prior regulatory approval, underscoring the Fed's continued focus on misconduct involving customer assets and internal controls.

4 min readRead →

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