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The Week in Puerto Rico: Reconstruction Blame, Bank Liquidation Order

Published Sep 27, 2026, 6:05 AM AST· Updated Oct 7, 2026787daily · Original analysis

At a glance

  • Carraízo fell 0.18 m over the week to 40.63 m; scheduled interruptions paused
  • Both the US and Puerto Rican governments share responsibility for the slow reconstruction
  • Banex International Bank was ordered to liquidate due to insolvency and financial deficiencies
  • 53 of 78 municipios in at least moderate drought (map of September 22)

Why this matters: What changed this week in water, power, government and daily life, for anyone living in Puerto Rico or planning a move here.

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The week of September 20–26 in Puerto Rico played out in government and politics, the economy, and energy.

Accountability and instability defined the week. A joint assessment placed blame for the island’s slow reconstruction on both the US and Puerto Rican governments, while regulators ordered Banex International Bank into liquidation over insolvency and financial deficiencies. Add to that a still-active seismic sequence in the south-southwest following a magnitude 4.8 earthquake.

Daily life showed mixed signals. Employment grew 0.9% in August with 8,700 new jobs added, even as unemployment climbed to its highest level since 2023, a reminder that growth and hardship can coexist. Meanwhile, roughly 22,000 people received notices about recovering pandemic rental assistance funds, and the San Juan power plant’s unit #6 and seven portable generators remained limited to diesel amid the Bay Pilots–New Fortress dispute, at least until Monday. On a brighter note, NASA opened its first Earth Information Center in the Caribbean, and entrepreneurs donated a 3,740-acre natural area to the Conservation Trust of Puerto Rico.

On water, Carraízo fell 0.18 m between AAA’s readings of September 20 and September 27, to 40.63 m, still within AAA’s safe band, as rationing for its customers remained paused since September 2. Next week, watch whether AAA confirms publicly that east-side rationing in Río Grande, Canóvanas and Loíza has ended, and whether the Canóvanas filtration plant returns to operation.

The week on the water — every reservoir’s readings, the rain over the watersheds and the pace toward the next band line — is in today’s Water Week in Review.

The week’s developments

Developments of the week of Sep 20–Sep 26.
Development (Links to the full write-up, which names its source)Theme (The subject it is filed under: government and politics, energy, water, the economy, safety, health and schools, roads and travel, culture and sports, or daily life around the island)Day
San Juan Power Plant Limited to Diesel Until Monday Amid Bay Pilots–New Fortress DisputeEnergySep 20
NASA Opens First Earth Information Center in Puerto Rico and the CaribbeanAround the islandSep 20
22,000 Pandemic Rental Aid Recipients Get Recovery Notices in Puerto RicoGovernment and politicsSep 20
South Puerto Rico Seismic Sequence Remains Active After 4.8 Magnitude Quake, At Least 16 Aftershocks RecordedSafetySep 20
Entrepreneurs Donate 3,740-Acre Ecological Treasure in Puerto RicoAround the islandSep 20
Power4PuertoRico: US and Puerto Rican Governments Share Blame for Slow ReconstructionGovernment and politicsSep 21
Puerto Rico employment grows in August but unemployment hits highest level since 2023EconomySep 21
OCIF Orders Liquidation of Banex International Bank in Puerto RicoEconomySep 23

What to watch

The water desk's watch list for the coming week.
Watch (From the daily Water Watch's own reading of the trend)Why
Río Grande, Canóvanas and Loízawhether AAA says in public that the east-side rationing is over, and posts that the Canóvanas filtration plant is back in operation.

The live picture is on the water page, the power tracker and the legislature tracker; each development above opens the full write-up. This is the 4th Week in Puerto Rico (last week’s is here).

Sources: the linked reporting; AAA’s reservoir chart and rationing notices; the US Drought Monitor. Reservoir levels are AAA’s chart readings, and the drought map is a weekly expert synthesis of indicators, not a rainfall total.

Corrected October 7: an earlier version gave Carraízo’s change as the week of September 20–26; it runs between the readings of September 20 and 27.

About this analysis
Cite this

Source: 787daily, “The Week in Puerto Rico: Reconstruction Blame, Bank Liquidation Order”, Sep 27, 2026 — https://787daily.com/news/2026-09-27-the-week-in-puerto-rico-power4puertorico-us-and-puerto-rican/

Numbers from
Our Morning Briefs and AAA's reservoir readings

Every edition of The Week in Puerto Rico

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