Monday, June 30, 1997

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    After 156 years of British colony rule, Hong Kong reverts back to China at midnight tonight. Under a deal between the British government and the People’s Republic of China called "one country-two systems," Hong Kong will get new rulers but retain its existing economic character.


    Thousands of mourners flooded into New York’s Riverside Church yesterday, paying their last respects to the life and work of Dr. Betty Shabazz, the widow of civil rights activist Malcolm X.

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    Juan González on How Puerto Rico’s Economic "Death Spiral" is Tied to Legacy of Colonialism
    Could Puerto Rico become America’s Greece? That’s a question many are asking as the island faces a devastating financial crisis and a rapidly crumbling healthcare system. Puerto Rico owes $72 billion in debt. $355 million in debt payments are due December 1, but it increasingly looks like the U.S. territory may default on at least some of the debt. Congress has so far failed to act on an Obama administration proposal that includes extending bankruptcy protection to Puerto Rico and allocating more equitable Medicaid and Medicare...


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