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[3] The law increased the minimum wage from 7.25 to $10.50 per hour (or higher) by 1 July 2024; allows Puerto Rico’s minimum wage to prevail over the federal minimum wage if Puerto Rico's is higher; created the Minimum Wage Review Commission within the Department of Labor and Human Resources which will review and increase the minimum wage ...
Had Puerto Rico been a state, such Puerto Rico-based corporations would have paid an estimated $5 billion-to-$9.3 billion. [ 44 ] In May 2023, the United States Supreme Court ruled against Centro de Periodismo Investigativo, a Puerto Rican media organization, in its quest to obtain documents from the Federal Council to oversee the island's ...
[6] [7] [8] The Port of the Americas is Puerto Rico's main Caribbean port, [9] and, at a depth of 50 feet, it is also the deepest port in the Caribbean. [7] The port was originally overseen by the Port of the Americas Authority (Spanish: Autoridad del Puerto de las Américas) a defunct government-owned corporation of Puerto Rico.
The Latin American and the Caribbean Economic System, officially known as Sistema Económico Latinoamericano y del Caribe (SELA), is an organization founded in 1975 to promote economic cooperation and social development between Latin American and the Caribbean countries.
The United States acquired the islands of Puerto Rico in 1898 after the Spanish–American War, and the archipelago has been under U.S. sovereignty since.In 1950, Congress enacted the Puerto Rico Federal Relations Act of 1950 or legislation (P.L. 81-600), authorizing Puerto Rico to hold a constitutional convention and, in 1952, the people of Puerto Rico ratified a constitution establishing a ...
At the same time, the company began to export to Central and South America, Canada, Mexico and the Caribbean Islands. [10] In 1989, Industrias Vassallo, Inc. consolidated its operations into a new 250,000-square-foot (23,000 m 2) industrial complex facility located in Barrio Coto Laurel, on the outskirts of Ponce, Puerto Rico. [11]
The Jayuya Uprising was a revolt in the town of Jayuya, Puerto Rico, which occurred on October 30, 1950. The revolt, led by Blanca Canales, was one of the most notable among the various revolts which occurred that day against the island's US-supported government. [24] In the town square, Canales gave a speech and declared Puerto Rico a free ...
The Puerto Rico statehood movement (Spanish: movimiento estadista de Puerto Rico) aims to make Puerto Rico a state of the United States.Puerto Rico is an unincorporated territorial possession of the United States acquired in 1898 following the Spanish–American War, making it "the oldest colony in the modern world".