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1 – 4 of 4Trump on March 16 ordered social distancing and many businesses’ closure for 15 days, to slow COVID-19’s spread and avoid overwhelming hospitals. Transport, tourism, leisure…
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DOI: 10.1108/OXAN-DB251565
ISSN: 2633-304X
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The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…
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DOI: 10.1108/OXAN-DB220641
ISSN: 2633-304X
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This provides a 25-year debt servicing schedule, but leaves suppliers with unpaid public service contracts as the main losers. Puerto Rico’s finances will be under renewed…
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DOI: 10.1108/OXAN-DB260767
ISSN: 2633-304X
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The Fed targets an average annual inflation rate of 2% but, under its 2020 monetary policy framework, will tolerate a moderate overshoot to make up for past low inflation. The Fed…