Tuesday, February 28, 2017

11 top Puerto Rico university officials resign amid crisis - DailyMail

Eleven top public university officials in Puerto Rico have resigned to protest multimillion-dollar budget cuts sought by a federal control board that oversees the U.S. territory's finances amid a dire economic crisis. The unprecedented move surprised many and prompted Gov. Ricardo Rossello to warn that his administration will intervene if the university board of directors does not submit a fiscal plan with the $300 million in cuts requested. The board called a meeting late Friday to talk about the issue. Rossello said during a news conference that he had given university officials sufficient time to submit a fiscal plan required by the federal control board, which proposes that the university cut its budget by 30 percent. http://www.dailymail.co.uk/wires/ap/article-4236472/11-Puerto-Rico-university-officials-resign-amid-crisis.html