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Puerto Rico Gov. Signs Bill Authorizing Halt of Debt Payments

HeadlineApr 07, 2016

In Puerto Rico, Governor Alejandro García Padilla has signed an emergency bill authorizing the suspension of payments on $72 billion in public debt. The move sets up a dramatic showdown between Puerto Rico and hedge funds amid the island’s historic debt crisis. To see our recent coverage of Puerto Rico’s debt crisis with Democracy Now! co-host Juan González, go to democracynow.org.

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