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Puerto Rico Debt Due Today; Governor Says Its Unpayable

2015-07-01 4 Dailymotion

Puerto Rico's US$73 billion debt comes due today, but Governor Alejandro Garcia Padilla says it is unpayable and calls for a moratorium and renegotiation with creditors. A government report authored by former World Bank official Anne Krueger and other advisers urges the adoption of harsh austerity measures as a way out of the impasse. Working People's Party leader Rafael Bernabe reports from San Juan. teleSUR

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