Daily Archives: Jul 26, 2019

Ricardo Rosselló utilizó su cuenta de Twitter para negar que haya solicitado un indulto a cambio de nombrar como secretario de Estado a Thomas Rivera Schatz.

El gobernador Ricardo Rosselló Nevares retomó esta tarde el uso de sus redes sociales para negar una información publicada por Primera Hora, en la que varias fuentes aseguraron que él intentó negociar un indulto a cambio de nombrar al presidente del Senado, Thomas Rivera Schatz, como secretario de Estado para que se convirtiera en gobernador de facto tras su salida de Fortaleza el próximo 5 de agosto.

“Esta noticia es totalmente falsa”, escribió Rosselló en Twitter, red social a la que recurrió horas antes para dar cuenta de las reuniones de trabajo que realizó hoy, tras el anuncio de su renuncia anoche.

Fuentes provenientes de Partido Nuevo Progresista y de la Asamblea Legislativa, indicaron a Primera Hora que el gobernador Rosselló tuvo varias reuniones para negociar su renuncia y como no logró negociar el compromiso de una clemencia ejecutiva, anunció que sería la secretaria de Justicia, Wanda Vázquez, la que lo sustituiría en el cargo. De hecho, originalmente la fuente indicó que el pedido de Rosselló era de “inmunidad” y luego aclaró que el término correcto  era “indulto”.

“Estoy sorprendido, primero, que responda, y segundo, él sabe que lo van a tirar al medio, porque él sabe que está hablando con gente”, reaccionó el informante  tras conocer que el gobernador negó la información y reafirmar que las negociaciones continúan.

Según se alega, el presidente del Senado y del PartidoNuevo Progresista (PNP), Rivera Schatz, llevaba de “tres a cuatro días” intentando posicionarse como el próximo secretario de Estado para así lograr gobernar al País tras la renuncia de Rosselló Nevares, dijeron a este diario cinco personas involucradas en dichas reuniones de negociación.

De acuerdo al relato de dos legisladores que hablaron bajo condición de anonimato, “ayer fue que se trancaron”, debido a la oposición de la comisionada residente Jenniffer González al nombramiento de Rivera Schatz.

Por su parte, la comisionada residente negó en su cuenta de Twitter haber participado de ninguna negociación al respecto. “He mantenido comunicación diaria con los presidentes legislativos y no ha habido Negociacion de nada”, escribió.

En las conversaciones -se indicó- Rosselló Nevares propuso nombrar como secretario de Estado al excomisionado residente Pedro Pierluisi, pues éste no tendría interés en aspirar a ningún cargo electivo en las elecciones del 2020. Se señaló que el saliente ejecutivo se rehusaba a que fuese elegido el senador ponceño Larry Seilhamer, propuesto inicialmente por los legisladores, pues argumentaba que, “se necesitaba una figura fuerte ante el Partido Popular Democrático’’ y que “hacía falta alguien que mantenga la línea de partido”.

Primera Hora ha pedido en varias ocasiones entrevista con el gobernador, pero no ha sido concedida. También se pidieron reacciones a Thomas Rivers Schatz y Pedro Pierluisi, pero hasta el momento no han respondido.

    FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela/File Photo

    WASHINGTON (Reuters) – The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment.

    The anticipated moderation in growth will come against the backdrop of rising risks to the economy’s outlook, especially from a trade war between the United States and China as well as slowing growth overseas, which are seen encouraging the Federal Reserve to cut interest rates next Wednesday for the first time in a decade.

    With a strong labor market supporting consumer spending, a recession is, however, not on the horizon. The Commerce Department will publish the second-quarter gross domestic product (GDP) report on Friday at 8:30 a.m. EDT (1230 GMT).

    “The slowing in the economy spooked the Fed and markets, but the sky is not falling,” said Ryan Sweet, a senior economist at Moody’s Analytics in West Chester, Pennsylvania. “If we do get a recession next year it would be because we shot ourselves in the foot with the trade tensions.”

    Gross domestic product probably increased at a 1.8% annualized rate in the second quarter, also because of a smaller inventory build, according to a Reuters survey of economists, after surging at a 3.1% pace in the January-March period.

    But with the volatile exports and inventory categories accounting for much of the expected step-down in GDP, the slowest growth pace since the first quarter of 2017 will likely mask some underlying strength in the 10-year economic expansion, the longest in history.

    The survey was completed before the release of June wholesale and retail inventories as well as durable goods and goods trade deficit data, which led the Atlanta Fed to cut its forecast by three-tenths of a percentage point to a 1.3% rate.

    The economy is slowing largely as the stimulus from the White House’s $1.5 trillion tax cut package fades. The tax cuts together with more government spending and deregulation were part of measures adopted by the Trump administration to boost annual economic growth to 3.0% on a sustained basis.

    The economy grew 2.9% in 2018 and growth this year is expected to be around 2.5%. Economists estimate the speed at which the economy can grow over a long period without igniting inflation at between 1.7% and 2.0%.

    “As the benefits of fiscal stimulus fade and trade policy uncertainty and slowing global demand remain headwinds to business investment, U.S. GDP growth should moderate,” said Sam Bullard, a senior economist at Wells Fargo Securities in Charlotte, North Carolina.

    The GDP report is also expected to show a pickup in inflation last quarter, but the overall trend likely remained benign. The government will also publish revisions to GDP data from 2014 through the first quarter of 2019.


    Growth in consumer spending, which accounts for more than two-thirds of U.S. economic activity, is expected to have surged after slowing to a 0.9% rate in the first quarter, the weakest in a year. Some of the slowdown in consumer spending early in the year was blamed on a 35-day partial shutdown of the government. Spending is being supported by the lowest unemployment rate in nearly 50 years, which is lifting wages.

    The jump in consumer spending was, however, likely blunted by a sharp drop in exports, in a reversal of the strong growth experienced in the first quarter. Weak exports are expected to have resulted in the deterioration of the trade deficit in the second quarter. Trade is believed to have subtracted from GDP growth last quarter after contributing 0.94 percentage point in the January-March period.

    The acceleration in consumer spending likely helped businesses to whittle down an inventory overhang, resulting in a smaller inventory build. While that probably weighed on GDP growth in the second quarter, it is a potential boost to manufacturing. Businesses have been placing fewer orders with factories while working through stockpiles of unsold goods, which contributed to undercutting manufacturing production.

    Business investment was probably weak in the second quarter, with spending on equipment expected to have contracted again after declining at its steepest pace in three years in the January-March period.

    Fed Chairman Jerome Powell early this month flagged business investment as one area of weakness in the economy, noting it had “slowed notably,” and that this might “reflect concerns about trade tensions and slower growth in the global economy.”

    Design problems at aerospace giant Boeing (BA.N) have hurt business investment, with some spillover to exports.

    Boeing reported its biggest-ever quarterly loss on Wednesday due to the spiraling cost of resolving issues with its 737 MAX airplane and warned it might have to shut production of the grounded jet completely if it runs into new hurdles with global regulators to getting its best-selling aircraft back in the air.

    The plane was grounded worldwide in March after two fatal crashes in Ethiopia and Indonesia. Production of the aircraft has been reduced and deliveries suspended. Economists estimate the 737 MAX troubles cut at least two-tenths of a percentage point from GDP growth in the second quarter.

    “There could be more noticeable effects on various growth components, with weakness in related equipment spending and exports and a partially offsetting increase in inventories,” said Daniel Silver, an economist at JPMorgan in New York.

    Business spending on structures, which include oil and gas well drilling, is expected to have declined last quarter. Spending on intellectual products, including research and development, likely increased.

    Strong growth in government investment is expected, but spending on homebuilding likely contracted for a sixth straight quarter.

    Reporting by Lucia Mutikani; Editing by Andrea Ricci


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