The Caribbean is known for blue water, white beaches – and red ink. The region is home to seven of the world’s 10 most indebted nations.
But the Caribbean’s worst crisis involves a U.S. territory: Puerto Rico, whose debt is a staggering $73 billion.
That burden now threatens to financially sink the island of 3.5 million people – and that in turn promises to drive more migration into Florida. Puerto Ricans are the state’s fastest-growing Latino group, especially in the central I-4 Corridor.
Florida attracted a record number of tourists in 2014, inching closer to an annual goal sought by Gov. Rick Scott.
An estimated 97.3 million visitors came to Florida in 2014, a 3.9 percent increase from the year before, according to information released Monday by Visit Florida, the state's tourism-marketing arm.
Scott, who has asked lawmakers to increase tourism-marketing funding from $74 million in the current fiscal year to $85 million during the budget year that begins July 1, has been pushing for Florida to surpass 100 million visitors a year.
Originally published on Fri January 16, 2015 6:56 pm
National Guard Sgt. Valerie Deant and her fellow soldiers went last month to a firing range in Medley, Fla. What they saw there made them angry. Not only had North Miami Beach Police snipers who had used the range before them used mug shots of six African-American men as targets, but one of the men pictured was Deant's brother. The mug shots were riddled with bullets.
Impassioned reactions continue to pour in over the political and social implications of President Obama’s plan to normalize relations with Cuba. This week, 90.7 economic analyst Hank Fishkind takes Nicole Creston through the economic implications for Florida and for our region.
So you’re a Florida Democrat. You’re looking for a silver lining to the humiliating Sunshine Shellacking your party took in Tuesday’s midterm elections.
There really isn't one. But there may be a pewter lining: Your gubernatorial candidate, Charlie Crist, lost to the Republican incumbent, Governor Rick Scott, by only a percentage point. What's more, Crist might have won if not for a dumb political move by President Obama that alienated Latino voters.
This Congress is the least active in the nation’s history. In the past two years, the body has passed only 181 bills that were signed into law by the president. Norm Ornstein, a congressional scholar at the American Enterprise Institute, doesn’t rate it very highly.
“This is an embarrassing and miserable Congress, really one of the worst I've ever seen,” he says.
Same-sex couples should continue to be prevented from getting married in Florida until a legal battle plays out about the constitutionality of the state's gay-marriage ban, Attorney General Pam Bondi said in a federal-court filing Friday.
What do you do when your country’s foreign reserves are dropping at a rate that would make avid bungee jumpers nauseous? If you’re left-wing Venezuelan President Nicolás Maduro, you take strong, decisive macroeconomic action.
You withhold dollars from Mickey Mouse.
Yessir, you discourage your countrymen from traveling to Florida, by further restricting the amount of dollars they can spend there with their bank credit cards – from $2,500 to $700.
A Leon County judge upheld a second draft of the state's congressional districts in a decision issued Friday, but shelved the new map until after the November elections.
The decision marked a major victory for legislative Republicans, who approved the new plan this month after Lewis ruled that their first draft violated the Florida Constitution's ban on political gerrymandering. The GOP had also pushed for the earlier version of the districts, approved in 2012, to remain in place through this year's elections.
A nationwide settlement between SunTrust Mortgage and a state and federal partnership amounts to over $500 million. Nearly 40 percent of the settlement will go to Floridians who financed their homes with SunTrust.
According to Whitney Ray of the Attorney General's Office, 8,400 Floridians have been targeted for direct cash payments. They are borrowers who lost their homes to foreclosure between 2008 and 2013.