U.S. Navy Base Turned Ghost Town Open for Ideas
June 23 (Bloomberg) –- For over 60 years, the U.S. Navy Southern Command was located at an airbase in Puerto Rico known as Roosevelt Roads. But in 2004 the Navy moved out, costing the island thousands of jobs and millions in revenue. The site has sat mostly idle for a decade -- but now the redevelopment of Roosevelt Roads seems finally poised to get off the ground. Bloomberg's Stephanie Ruhle reports. (Corrects guests name in video) (Source: Bloomberg)
Most Recent Videos
Britain Needs Keynesian Stimulus, Says Dryden
09:26 - As Bank of England officials gather this week to decipher the latest post-Brexit reports, they’ll probably assess a nasty outlook of slowing growth and faster inflation. Varying levels of tolerance for accelerating price growth are likely to be a major theme of the debate and are already dividing the nine-member Monetary Policy Committee on the need for stimulus. JPMorgan Asset Management Global Market Strategist Alexander discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."