Puerto Rico governor to resign, protesters warn successor: 'You're next'
By Nick Brown SAN JUAN (Reuters) - Puerto Ricans danced among the brightly coloured houses of San Juan on Thursday after Governor Ricardo Rosselló capitulated to 12 days of protests and resigned, but many in the crowd warned they would reject the person in line to succeed him. The first-term governor told the island just before midnight that he would resign on Aug.
By Nick Brown
SAN JUAN (Reuters) - Puerto Ricans danced among the brightly coloured houses of San Juan on Thursday after Governor Ricardo Rosselló capitulated to 12 days of protests and resigned, but many in the crowd warned they would reject the person in line to succeed him.
The first-term governor told the island just before midnight that he would resign on Aug. 2 in the face of public anger over profane chat messages and a corruption scandal that drew as many as 500,000 protesters onto the island capital's streets.
Protesters were not enthused over Secretary of Justice Wanda Vázquez being next in line to succeed Rosselló, based on current Cabinet vacancies: One waved a sign reading "Wanda, we don't want you either" and another shouted, "Wanda, you're next!"
Leaders of Rosselló's pro-statehood party were scrambling on Thursday to negotiate another successor, according to three sources familiar with the talks who requested anonymity to discuss them.
During Rosselló's term as governor, Puerto Rico endured back-to-back 2017 hurricanes that killed some 3,000 people and wreaked widespread destruction months after the U.S. territory filed for bankruptcy to restructure $120 billion of debt and pension obligations.
"I'm really, really, really, really happy, but I know we need to stay right here, screaming," Julie Rivera, 21, said after Rosselló said he would step down. She added that she believed his designated successor, 59-year-old former District Attorney Vázquez, was too close to the disgraced governor.
Vázquez rejected charges of improper past business ties levelled in Puerto Rican media.
"During our career in public service, we've showed that we've worked in a righteous and honest manner to benefit the public," Vázquez told Puerto Rican media.
'FROM THE OUTSIDE'
Vázquez was unlikely to actually become governor, said one of the three sources, a person familiar with Rosselló's administration.
"Whoever it is, it can't be someone in Ricky's inner circle or close to his government," that person said. "It has to be someone from the outside."
That source, as well as a person familiar with Puerto Rico-related policymaking at the federal government and Puerto Rico Representative Luis Vega Ramos, a political rival of Rosselló, all said a top candidate for the job is Pedro Pierluisi, the island's former representative in the U.S. Congress.
Pierluisi, a member of Rosselló's party, ran against him in the gubernatorial election in 2016, losing in a primary.
He could be positioned to become the next governor if he is nominated and confirmed as secretary of state before Rosselló resigns. That post, currently vacant, is first in line to succeed the governor.
Pierluisi did not immediately respond to a request for comment. Vázquez spokesman Kelvin Carrasco acknowledged that a new secretary of state would take succession precedence if one were named.
U.S. Representative Jenniffer González, the island's nonvoting delegate to Congress, said she believed Vázquez would be the island's next governor.
"The new governor, Wanda Vázquez, has all my support," said González, a Republican and member of Rosselló's party.
Multiple Democratic members of the U.S. Congress urged their colleagues not to allow the political turmoil to limit federal funding for the disaster-rocked island or to block a plan to increase federal Medicare funding for the island by $12 billion over four years.
Weary of crisis and a decade-long recession, Puerto Ricans were angered when U.S. authorities on July 10 accused two former Rosselló administration officials of pocketing federal money through government contracts.
The final straw for many came on July 13 when Puerto Rico's Centre for Investigative Journalism published 889 pages of chat messages between Rosselló and 11 close allies.
The group made profane and sometimes violent statements about female political opponents, gay singer Ricky Martin and ordinary Puerto Ricans in messages between November 2018 and January 2019.
Rosselló also faced the threats of an investigation by the island's Department of Justice and impeachment by its legislature.
"To continue in this position would make it difficult for the success that I have achieved to endure," Rosselló said in an overnight address, listing accomplishments in office that ranged from creating new industries to promoting equal pay for women.
In a sign that investors saw Rosselló's departure as a positive, some of Puerto Rico's defaulted general obligation bonds traded at their highest prices in three months in the U.S. Municipal Market.
"This kind of helps to eliminate some of the rampant corruption that plagued the commonwealth for decades," said Shaun Burgess, a portfolio manager at Cumberland Advisors, which holds about $145 million of insured Puerto Rico bonds.
Not all Puerto Ricans were delighted at Rosselló's fall.
"He's taking the fall for a bunch of past governors that put us in this position," said Ricky Shub, 33. While Shub agreed that it was time for Rosselló to go, he added, "everyone here is right to do what they're doing, but they should have done it 20 years ago."
(Reporting by Nick Brown in San Juan, additional reporting by Luis Valentin Ortiz and Marco Bello in San Juan and Karen Pierog in Chicago, writing by Scott Malone and Andrew Hay; Editing by Bernadette Baum and Jonathan Oatis)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Guinea president 'captured', govt dissolved, claim army putschists'; attack on presidential palace repulsed, say authorities
Reports suggest that they captured President Alpha Conde and dissolved the government, bust the ground situation remains unclear
NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.
By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.