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PUERTO RICO: Debt crisis will go to court
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DOI: 10.1108/OXAN-ES203315
ISSN: 2633-304X
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Puerto Rico has suffered from an inability to service its debts, as its economy has been in or near recession since 2005. Its population has declined -- especially the working age…
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DOI: 10.1108/OXAN-DB197864
ISSN: 2633-304X
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PUERTO RICO: Rating cut emphasises risks to island
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DOI: 10.1108/OXAN-ES197670
ISSN: 2633-304X
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PUERTO RICO: Looming default grows nearer
The missed payment marks the island’s second default of 2017 after missing payments in January. The federal fiscal control board imposed by the US Congress has given the indebted…
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DOI: 10.1108/OXAN-DB217706
ISSN: 2633-304X
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Geographic
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The same day saw the release of a report, authored by former IMF economists, outlining a programme of structural reform and sweeping debt restructuring. Puerto Rico has seen its…