Guam - Watching this month's session proceedings closely and perhaps even participating if called upon is the Guam Economic Development Authority. If the bond is passed, GEDA would be the lead agency seeing the process through.
Guam Economic Development Authority Administrator Karl Pangelinan told KUAM News, "Looking at the timing, we're looking at the financing timing and take in account the ratings, presentations, the pre-marketing of the bond and work with our experts in terms of when to access the market, when is the best time to go in terms of anticipated rates."
Pangelinan says the agency has been consumed with the bond proposal but once its put to bed, they hope to refocus their efforts on actual economic development, adding the agency is looking at an aggressive fourth quarter scheduled with trade missions scheduled for example in the Southeast Asia region to attract foreign investment and development.
Guam High School and surrounding homes at Naval Hospital have been evacuated after a bomb threat is called in Thursday afternoon. The threat specifically targeted the school. GPD and Navy police are sweeping the area with K-9 units. The Naval Base Guam Explosive Ordnance Disposal unit is standing by in the event anything is found. Guam Homeland Security officials say all measures are being taken to ensure the safety of the public and first responders involved.More >>
The Guam Department of Education was alerted to an image on social media that showed a screenshot of a Facebook post claiming to shoot up, “SHS.”More >>