Puerto Rico Faces Debt Deadline
Puerto Rico’s deadline for $422 million in debt payments is May 1st, but most economists believe the island doesn’t have the money available to make the payment in full. Congress has been working on legislation to assist the island but has yet to reach an agreement. Here & Now’s Jeremy Hobson speaks to Mike Regan from Bloomberg about the latest.
- Mike Regan, Bloomberg Gadfly columnist covering equities and financial services. He tweets @Reganonymous.
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