Invest Puerto Rico’s Achievements for FY 2020 P7 Latest on Clash Between FOMB and Creditors P8 Hoteliers’ Optimism Reigns in Old San Juan P9
Puerto Rico and the Caribbean
www.theweeklyjournal.com
2021 to Be the Year of Economic Recovery COVID-19 vaccines spark positive outlook for Puerto Rico
>Courtesy of NOAA
Giovanna Garofalo
New Species Discovered Near Puerto Rico P14
ggarofalo@wjournalpr.com
@giopgarofalo
Editor’s note: This is the second installment of a two-part series exploring the top economic lessons of 2020 and what to expect for 2021. hereas 2020 has been a year defined by turmoil, uncertainty, economic downturn and the loss of life due to the coronavirus (COVID-19) pandemic, economists and top government officials alike
W
>Carlos Rivera Giusti
Wednesday, December 23-29, 2020 - // no. 087
project that 2021 will be a year of change and recovery, showcasing once again the resilience of the people of Puerto Rico. Shortly after the Nov. 3 general elections, Moderna and Pfizer announced that they had each developed a COVID-19 vaccine with over 94 percent efficacy, a revelation that immediately sparked hope on the island as government restrictions to mitigate contagion have grown tighter. Last week, more than 17,800 Puerto Rico residents received the first dose of the Pfizer GO TO PAGE 4