iStock/Thinkstock(WASHINGTON) — Puerto Rico is facing its biggest debt deadline yet on May 1, but Congress, which experts say is the territory's only hope, likely won't be doing anything about it. “Congress holds keys to solving the situation ...
Puerto Rico's House of Representatives passed a bill on April 18 that would exempt certain debt, including Prepa's restructuring bonds, from the moratorium. The Senate Tuesday failed to vote on that bill. The next voting session is Monday at 1:00 p.m..
iStock/Thinkstock(WASHINGTON) — Puerto Rico is facing its biggest debt deadline yet on May 1, but Congress, which experts say is the territory's only hope, likely won't be doing anything about it. “Congress holds keys to solving the situation ...
(WASHINGTON) — Puerto Rico is facing its biggest debt deadline yet on May 1, but Congress, which experts say is the territory's only hope, likely won't be doing anything about it. “Congress holds keys to solving the situation,” economist Aleksandar ...
On May 1, a $422 million payment is due to Puerto Rico's Government Development Bank, its biggest yet. Its upcoming deadline of $2 billion looms even more ominously. There is one immediate way that Congress could help, Tomic said, which is re-instating ...
iStock/Thinkstock(WASHINGTON) — Puerto Rico is facing its biggest debt deadline yet on May 1, but Congress, which experts say is the territory's only hope, likely won't be doing anything about it. “Congress holds keys to solving the situation ...