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Puerto Rcio debt crisis News

Bill to rescue Puerto Rico from debt crisis passes in U.S. Senate

Washington - Puerto Rico owes a whopping $70 billion dollars. On Friday, July 1, about $2 billion in principal and interest payments are due to be paid.

Op-Ed: Puerto Rico to begin 2016 by defaulting on debt

San Juan - Puerto Rico Governor Alejandro Padilla said the island will not make a $35.9 million payment to its Infrastructure Finance Authority nor another $1.4 million payment to its Public Finance Corp.

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