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prima:Puerto Rico has lost close to $800 million in federal funds

The figure was provided during a Fiscal Board forum, where S&P Global explained that the changes in Washington could contribute to a double-digit correction in the stock market

May 23, 2025 - 1:49 PM

El viernes en la noche, Standard & Poor's (SP) degradó en dos niveles los GO y el BGF. (Archivo)
Standard & Poor's (SP) downgraded the GO and the BGF by two notches.

U.S. President Donald J. Trump‘s tariff policy could drag the U.S. economy into a recession by early 2026, with unemployment above 6% and substantial declines in the stock market, warned Ben Herzon, executive director of S&P Global Market Intelligence.

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