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text Argentina Returns to Bond Market after Debt Settlement by Oscar Polanco Reynoso
Argentina returns to the bond market after 15 years with access to limited international financing.
Posted: Thu Apr 21, 2016 8:41AM
text House Republicans Convene to Discuss Puerto Rico Legislation by Greg
Speaker Paul Ryan is holding a special meeting with Republicans to discuss the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA). ‎Ahead of the Republican special session, the religious development group Jubilee USA sent a letter from its executive director advocating passage with key changes.
Posted: Fri Apr 15, 2016 7:37AM
text Puerto Rico Archbishop Invites Prayers for Congress, Creditors and Political Leaders by Greg
As Congress introduces legislation to address Puerto Rico's financial crisis, San Juan's Catholic Archbishop is inviting prayers that all "work together to find a solution to the crisis that respects the rights and dignity of all sides."
Posted: Tue Apr 12, 2016 12:35PM
text Puerto Rico Congressional Negotiations Intensify by Greg
The House Committee on Natural Resources is poised to release the newest draft of Puerto Rico legislation amid tense negotiations.
Posted: Wed Apr 6, 2016 3:17PM
text Lawsuit Challenges FDA's Approval of Genetically Engineered Salmon by Center for Biological Diversity
SAN FRANCISCO, March 31, 2016 — A broad coalition of environmental, consumer and commercial and recreational fishing organizations today sued the U.S. Food and Drug Administration for approving the first-ever genetically engineered food animal, an Atlantic salmon engineered to grow quickly. The man-made salmon was created by AquaBounty Technologies, Inc. with DNA from three fish: Atlantic salmon, Pacific king salmon and Arctic ocean eelpout. This marks the first time any government in the w...
Posted: Thu Mar 31, 2016 5:21PM
text Supreme Court Hears Puerto Rico Bankruptcy Case by Greg
The US Supreme Court hears arguments on whether Puerto Rico's courts can restructure about $20 billion of the US territory's $72 billion debt.
Posted: Tue Mar 22, 2016 7:35AM
text Puerto Rico Governor Calls for Halt on Debt Lawsuits by Greg
Puerto Rico's Governor Alejandro García Padilla says Congress should put a hold on litigation against the indebted US territory until a proposed Congressional solution to its debt crisis is in place.
Posted: Thu Mar 17, 2016 1:13PM
text Argentina Lower House Repeals Laws to Support Hedge Fund Debt Deal by Greg
Argentina's lower house of Congress voted 165-86 to repeal two laws that blocked the country from settling its decade-long debt dispute with a group of "hold-out" investors.
Posted: Wed Mar 16, 2016 10:13AM
text Radio Spots Focus on Puerto Rico Crisis Ahead of Sunshine State Presidential Primary by Greg Williams
Radio Spots Focus on Puerto Rico Crisis Ahead of Sunshine State Presidential Primary
Posted: Fri Mar 11, 2016 9:24AM
text Jubilee USA Launches Puerto Rico Radio Spots Ahead of Florida Presidential Primary by Greg Williams
Jubilee USA is running radio spots focused on Puerto Rico's debt crisis in Florida ahead of the state's March 15th presidential primary.
Posted: Fri Mar 4, 2016 7:46AM
text Jubilee USA Launches Puerto Rico Radio Spots Ahead of Super Tuesday by Greg
The religious development coalition Jubilee USA is launching radio spots focused on Puerto Rico's debt crisis ahead of "Super Tuesday" presidential primary elections.
Posted: Fri Feb 26, 2016 4:47PM
text US Judge Plans to End Argentina Debt Sanctions by Greg Williams
US District Judge Thomas Griesa agreed to lift injunctions on Argentina that could pave the way to ending the country's decade-long debt dispute with "holdout" hedge funds.
Posted: Mon Feb 22, 2016 7:59AM
text Puerto Rico House Approves Public Utility Reform Bill: Part of Proposed Debt Deal by Greg
Puerto Rico's House of Representatives approved legislation to reform its highly indebted public utility company "PREPA." The utility company's investors want the reform package before they approve a debt restructuring deal that includes a 15 percent cut in repayments.
Posted: Tue Feb 16, 2016 10:08AM
text US Judge Explores Ending Argentina Sanctions After $6.5 Billion Offer to Hold-Outs by Greg
US District Judge Thomas Griesa ordered "hold-out" investors on Thursday to explain why various sanctions on Argentina should not be lifted. The court order comes in light of Argentina proposing a $6.5 billion settlement to the groups popularly known as "vulture funds."
Posted: Fri Feb 12, 2016 2:38PM
text Congressional Hearing Examines Puerto Rico Debt Crisis by Greg Williams
The US House of Representatives held its second hearing on Puerto Rico's debt crisis this year. The hearing focused on potential legislative solutions including bankruptcy protection and an economic oversight board.
Posted: Tue Feb 2, 2016 1:18PM
text Puerto Rico‎ Proposes Debt Plan by Greg Williams
Puerto Rico's Government Development Bank is meeting with investors in New York to share new details around a bond exchange first proposed by the indebted island last year.
Posted: Fri Jan 29, 2016 9:14AM
text UNITE HERE Condemns ICE Raids Targeting Central American Women and Children by via UNITE HERE Local 483
LOS ANGELES, CA, January 7, 2016 — Department of Homeland Security Secretary Jeh Johnson announced Monday that ICE officials detained 121 adults and children in Georgia, Texas, and North Carolina over New Year’s weekend, all of whom are in the process of being repatriated. In response, UNITE HERE, a union of 270,000 hospitality workers across the U.S. and Canada, joins immigrant advocacy groups nationwide in denouncing the ongoing Immigration and Customs Enforcement (ICE) deportation raid...
Posted: Thu Jan 7, 2016 11:54PM
text Puerto Rico Plans to Default on New Year's Day by Greg
Puerto Rico plans to default on its debt payment due January 1
Posted: Wed Dec 30, 2015 11:52AM
text Puerto Rico Population Drops 10% Over Past Decade by Greg
The US Census Bureau announced that Puerto Rico's population dropped nearly 10% over the past ten years, mostly during the island's financial crisis
Posted: Wed Dec 23, 2015 9:26AM
text Congress Excludes Puerto Rico Bankruptcy Provision in Omnibus Bill by Greg
Puerto Rico not extended bankruptcy protection in new "omnibus" budget package
Posted: Wed Dec 16, 2015 10:23AM