RICO English

Meaning RICO meaning

What does RICO mean?

RICO

— noun (= anti-racketeering law) law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions

Synonyms RICO synonyms

What other words have the same or similar meaning as RICO?

RICO English » English

RICO Act

anti-racketeering law

Racketeer Influenced and Corrupt Organizations Act

Examples RICO examples

How do I use RICO in a sentence?

Simple sentences

Show me where Puerto Rico is on the map.

Puerto Rico is not a sovereign state.

Movie subtitles

Gotta hand it to you, Rico.

Is that what you want, Rico?

And then I'd quit, Rico.

You'll get there, Rico.

Take it easy, Rico.

Who, Rico? Heh-heh.

Do yourself a favor, will you, Rico?

Wait a minute, Rico.

You gotta get me out of this, Rico.

I, Sam Vettori, not you, Rico, or nobody else.

Smart guy, Rico.

Rico's coming with us.

What did I tell you, Rico?

Well, the split's okay with me, Rico.

Who, Rico?

Hello, Rico.

Wait a minute. The Tysons own the largest holdings of sugar cane in Puerto Rico!

If I don't marry her, some kid will run around Puerto Rico barefoot!

I was in Puerto Rico last summer.

I mean, rum in Puerto Rico.

Rico, buddy, I don't deserve you.

Rico. You know something?

Rico, buddy, I got one of my feelings.

You know something, Rico?

Rico, buddy, this will come as a shock to both of us.

I am going to Guayaquil, to catch the first plane to Puerto Rico.

Rico, then.

At least call me Rico in my own place.

Rico, Rico, Rico.

News and current affairs

WASHINGTON, DC - Puerto Rico ought to be the jewel of the Caribbean.

European firms doing business in North and South America locate their corporate headquarters in Miami, Panama City, and elsewhere, with almost none choosing Puerto Rico.

Unlike Greece, Puerto Rico is not a country (which means that it is not eligible for financing from the International Monetary Fund).

For example, Puerto Rico is subject to the Jones Act, which requires using very costly US-built ships and crews for all sea transport to and from the mainland.

Puerto Rico's current troubles trace their origin to the gradual withdrawal, starting in 1996, of earlier exemptions from US corporate taxes for companies located on the island.

Puerto Rico's economy recorded little growth after 1996, and real (inflation-adjusted) GDP has been falling for the past decade.

Puerto Rico and the US government each bear responsibility.

Low labor force participation is a result of the relatively low productivity of Puerto Rico's unskilled workers.

Overcoming Puerto Rico's crisis will require restoring growth, implementing a sustainable fiscal policy, and debt restructuring.

Meanwhile, the US government could exempt Puerto Rico from the Jones Act, extend to it Chapter 9 bankruptcy coverage, and align the island's welfare and labor requirements with its productivity level.

Puerto Rico's governor, Alejandro García Padilla, has appointed a working group to produce a five-year program to restore growth and fiscal sustainability.

Bills to make Puerto Rico eligible for Chapter 9 are being introduced in Congress.

These and other measures now under consideration promise to improve Puerto Rico's economic prospects.

Puerto Rico is not Greece; successive governors of the island have introduced budgets they thought were balanced, only to find that inadequate growth led to lower revenues and higher expenditures than had been projected.

There is plenty of blame to go around for these failures. Puerto Rico and the US government each bear responsibility.

It ranks last or near the bottom in business climate, housing affordability, and state bond rating (below even the US territory of Puerto Rico).

Though the Dominican Republic suffers from its own social and economic maladies - it is itself an exporter of emigrants to the US, Puerto Rico, and Spain - it certainly has a role to play in Haiti's reconstruction.