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Ceffer
2024 Dec 31, 9:24am
Ceffer
2024 Dec 31, 9:24am
The IRS and the Fed are incorporated in Puerto Rico. Does this mean the Vatican doesn't get its IRS money to rake off then deposit in the IMF and lend part of it back to us as interest bearing bonds?
Tue, December 31, 2024 at 8:18 AM EST1 min read
(Reuters) -Puerto Rico woke up in darkness on Tuesday morning after a power grid failure left nearly all of the island without electricity.
Around 90% of clients were without power at 9:30 a.m. (1330 GMT), according to energy distribution company Luma Energy's real-time portal.
It will likely take 24 to 48 hours to turn the lights back on, "conditions permitting," Luma said in a statement.
"While the cause of the outage is under investigation, preliminary findings point to a failure in an underground line," Luma added.
Ivan Baez, a spokesperson for power generator Genera, called the grid failure a "major incident" in a local radio interview.
He said that the line believed to have failed was operated by Luma and brought down plants belonging to Genera as well as private generators.
Genera's website showed two plants starting up again at 9:30 a.m. in the U.S. territory.
Puerto Rico has long dealt with chronic power outages as its infrastructure crumbles. It was hit hard by Hurricane Maria, a Category 4 storm, in 2017.
https://www.yahoo.com/news/puerto-ricos-power-grid-collapses-131854833.html