puerto rico

First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico

4 weeks ago admin2 Comments Off on First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico
A decentralised insurance platform has announced its support for the first blockchain-enabled insurance product to tackle natural disasters in Puerto Rico. According to an announcement, Etherisc’s hurricane insurance policy uses smart contracts to take away the strain of having to deal with traditional insurance companies. The need for the new policy from the Zug-based startup Read More

Four things Trump could spend $18 billion on instead of a border wall

5 months ago admin2 Comments Off on Four things Trump could spend $18 billion on instead of a border wall
US president Donald Trump announced this week that he wants $18 billion to pay for the first phase of a planned wall along the border of the US and Mexico. Despite insisting throughout his campaign that Mexico would cough up the funds, Trump has outlined the administration’s plans for how much it would cost to Read More

Puerto Rico is set to become the world’s worst economy next year

6 months ago admin2 Comments Off on Puerto Rico is set to become the world’s worst economy next year
The true extent of Hurricane Maria’s damage to Puerto Rico is still being tallied. But here’s a good indication of how bad it will be—the island’s economy will shrink by about 8% in 2018, according to a November forecast by the Economist Intelligence Unit. That puts Puerto Rico at the top of the list of Read More

US hospitals are facing a dire shortage of a ubiquitous medical supply

6 months ago admin2 Comments Off on US hospitals are facing a dire shortage of a ubiquitous medical supply
Bags of saline solution—essentially, salt water—are used to administer drugs and cost only $1.50 each. But it is getting increasingly hard for US hospitals to find an adequate supply Published 47 mins ago  |  Photo by Reuters/George Frey $1.50 Some 740 bags are used in US hospitals every minute. $1.50 A shortage of bags has been Read More

Seven weeks after Maria, Puerto Ricans are coming to each others’ aid

6 months ago admin2 Comments Off on Seven weeks after Maria, Puerto Ricans are coming to each others’ aid
Utuado, Puerto Rico On a recent Sunday afternoon, the skinny country road that leads to the “Campamento de los Olvidados”—or campground of the forgotten—in the mountain municipality of Utuado was jammed with the cars of well-intentioned Puerto Ricans. The self-designated “campground,” an established community of more than 20 families, was cut off from the world Read More

Puerto Rico lost half of its recovered electricity capacity after a line fixed by Whitefish abruptly failed

6 months ago admin2 Comments Off on Puerto Rico lost half of its recovered electricity capacity after a line fixed by Whitefish abruptly failed
Power generation in Puerto Rico dropped from 42% coverage to 18% on Thursday on after a power transmission line failed. Published 2 hours ago  |  Photo by Reuters//Alvin Baez 18% The power line, connecting the municipalities of Arecibo and Manatí in the north of the island, was damaged by Hurricane Maria, and had been initially repaired Read More

Most Puerto Ricans have water now, but they’re afraid of drinking it

7 months ago admin2 Comments Off on Most Puerto Ricans have water now, but they’re afraid of drinking it
It’s been seven weeks since hurricane Maria made landfall in Puerto Rico, and life in the island is still filled with uncertainty: How many people died? When will power come back? How big will the storm’s impact be on the economy? In this series, Quartz is examining questions Puerto Ricans are navigating. Here’s the third Read More

Climate change will be the border control of the future

7 months ago admin2 Comments Off on Climate change will be the border control of the future
After 300 years of continuous human settlement, Hurricane Irma destroyed everything on the island of Barbuda and forced the relocation of its more than 1,600 residents, demonstrating that climate-induced migration is no longer a future possibility, but a present-day reality. A week and a half later, Hurricane Maria knocked out power for Puerto Rico’s 3.4 Read More

100,000 Puerto Ricans have left the island since Maria. How many more will follow?

7 months ago admin2 Comments Off on 100,000 Puerto Ricans have left the island since Maria. How many more will follow?
It’s been more than six weeks since hurricane Maria made landfall in Puerto Rico, and life in the island is still filled with uncertainty: How many people died? When will power come back? How big will the storm’s impact be on the economy? In this series, Quartz is examining questions Puerto Ricans are navigating. Here’s Read More

100,000 Puerto Ricans have left the island since Hurricane Maria

7 months ago admin2 Comments Off on 100,000 Puerto Ricans have left the island since Hurricane Maria
The number of Puerto Ricans who have left the island is averaging 1,800 residents a day since Hurricane Maria hit for a total of 100,000—more than the total number of Puerto Ricans who flew out in all of 2015, the latest year for which data is available. Published 6 mins ago  |  Photo by 1,800 It’s Read More