AGP Executive Report
Last update: 6 hours agoTourism & Cruise Growth: Puerto Rico welcomed Disney Cruise Line’s new ship Disney Destiny on its inaugural call to San Juan, with the Puerto Rico Tourism Company projecting more than $1.6M in economic activity from the visit and future scheduled stops. Tourism Revenue: Discover Puerto Rico data shows hotel and short-term rental revenue topped $1.065B for January–May, up 9% year over year, alongside a 45% jump in cruise arrivals to more than 300,000 passengers. Public Finance (PROMESA): The Financial Oversight and Management Board imposed FY2027 budgets on the University of Puerto Rico and COSSEC after rejecting noncompliant plans, and separately pitched a $3B settlement offer to PREPA bondholders to help close the power authority’s bankruptcy. Energy Debt Restructure: The board’s proposed PREPA deal targets about a 35% recovery on $8.5B in claims, though it hasn’t identified the funding source yet. Courts & Governance: The Puerto Rico Supreme Court upheld the mandatory judicial retirement age of 70, rejecting a constitutional challenge. Local Legal Fight: Camuy sued DNER and the government over a stop-work order halting improvements at Peñón Brusi, arguing the project is permitted and funded through ARPA. Workplace AI Readiness: A national survey found 41% of workers say their employer provided no tools or training to use AI at work, while only 19% report comprehensive training.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.