Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. While it was not ...
Puerto Rico has finally and officially filed for protection from its creditors in what amounts to the biggest municipal bankruptcy in U.S. history. Now comes the real reckoning. After years of ...
(Reuters) - Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. While ...
Puerto Rican Governor Ricardo Rosselló announced Wednesday the island would seek to address its $70 billion debt crisis in federal bankruptcy court, marking the largest municipal bankruptcy filing in ...
Experts applaud decision that could protect vulnerable and return public debt of more than $70bn to manageable levels, but creditors cry foul Puerto Rico has filed for a form of bankruptcy in a ...
Puerto Rico Gov. Ricardo Rosselló asked for a court-supervised restructuring of part of the commonwealth’s $70 billion in bond debt, in what amounts to the largest local government bankruptcy in U.S.
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Massive national strike today in Puerto Rico. We demand a debt audit. For dignity and ...
Add Yahoo as a preferred source to see more of our stories on Google. City workers, wearing protective face masks as a precaution against the spread of the new coronavirus, remove debris caused by a 5 ...
Puerto Rico's new representative to the U.S. Congress filed a bill Wednesday that would turn the island into the 51st U.S. state by 2025. The bill is the first step in a renewed quest for statehood ...
SAN JUAN, Puerto Rico – Uncertainty is spreading across Puerto Rico and the US municipal bond market now that the US territory has taken an unprecedented step into federal court to restructure a ...