Trump Calls for Puerto Rico's Debt to be "Wiped Out" (tags)
In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out.
Puerto Rico Board Meets on Anniversary of Debt Legislation (tags)
Puerto Rico's oversight board is holding its eighth public meeting in San Juan at the Sheraton Hotel Convention Center.
Puerto Rico Bankruptcy Process Begins (tags)
Puerto Rico bankruptcy proceedings to restructure an over $70 billion debt begin on Wednesday in San Juan.
Puerto Ricans Gather at Diaspora Summit as Island Begins Bankruptcy Process (tags)
Puerto Ricans from across the United States and the Caribbean island are meeting in New York City to discuss the island's economic crisis.
Puerto Rico Oversight Board Meets as Bankruptcy Deadline Approaches (tags)
Puerto Rico's oversight board meets on April 28th in New York and could authorize a bankruptcy process for the debt ridden island.
Puerto Rico Religious Leaders Call for Bankruptcy Ahead of "Vulture Fund" Deadline (tags)
Before May, protections expire that shelter Puerto Rico from debt lawsuits and predatory financial groups popularly known as "vulture" funds.
United Nations Votes for Global Bankruptcy Principles (tags)
Pope Francis Calls for Global Bankruptcy Process (tags)
Pope Francis called for an international bankruptcy process in a news conference as he left Latin America on Monday. According to the Associated Press, when asked about the Greek debt crisis, Francis stated, "if a company can declare bankruptcy, why can't a country do so and we go to the aid of others?" Francis offered further comments noting that too many countries are struggling with high debts and he suggested a United Nations bankruptcy proposal could be the solution.
United Nations Votes for Process to Create Global Bankruptcy Framework (tags)
UN Process Could Limit Default and Stop Predatory Funds
IMF World Economic Outlook: Economy Improves for Some as Inequality Persists (tags)
Debt Restructuring Process Discussed by IMF and G20
International Monetary Fund Reviews International Bankruptcy Process for Sovereign Countri (tags)
International Monetary Fund Reviews International Bankruptcy Process for Sovereign Countries