Puerto Rico: Post Hurricane Maria, Island Can't Pay Down Debt
Meanwhile, residents continue to leave the island in the face of rising unemployment.
READ: Why Puerto Rico's Fiscal Crisis and Hurricane Irma Are a Catastrophic Combination
The author believes Irma was the final factor in the “perfect storm” that has been brewing on the bankrupt island.
Puerto Ricans Vote Overwhelmingly for Statehood
But some local critics say it would be “devastating” for residents.
UN Report: Puerto Rico Debt-Fighting Measures Must Not Impact Human Rights
“The population in Puerto Rico cannot be held hostage to past irresponsible borrowing and lending.”
Congress Passes Puerto Rico Debt Relief Legislation
Senator Nydia Velázquez: “Until the U.S. government ends these colonial conditions, there will be no long-term recovery.”
House Introduces New Bill to Address Puerto Rican Debt Crisis
But it locks citizens into a $7.25 minimum wage.
Bernie Sanders Calls For Release of Puerto Rican Political Prisoner, Debt Crisis Resolution
During his remarks at the University of Puerto Rico, the presidential candidate called Puerto Rico’s ongoing debt issues a “terrible human and economic crisis.”
Puerto Rico Fails to Pay $422 Million in Bond Debts Owed Today
Puerto Rico governor Alejandro Garcia Padilla: “We would have preferred to have had a legal framework to restructure our debts in an orderly manner.”
This Video Brilliantly Explains Why #PuertoRicoCrisis is Trending
“Last Week Tonight With John Oliver” and Lin-Manuel Miranda join forces to explain exactly what is happening in the U.S. territory.