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Argentina Lower House Repeals Laws to Support Hedge Fund Debt Deal 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 PDT
Radio Spots Focus on Puerto Rico Crisis Ahead of Sunshine State Presidential Primary Radio Spots Focus on Puerto Rico Crisis Ahead of Sunshine State Presidential Primary...
Posted: Fri, Mar 11, 2016 9:24am PST
Jubilee USA Launches Puerto Rico Radio Spots Ahead of Florida Presidential Primary 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 PST
Jubilee USA Launches Puerto Rico Radio Spots Ahead of Super Tuesday 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 PST
US Judge Plans to End Argentina Debt Sanctions 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 PST
Puerto Rico House Approves Public Utility Reform Bill: Part of Proposed Debt Deal 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 PST
US Judge Explores Ending Argentina Sanctions After $6.5 Billion Offer to Hold-Outs 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 PST
Congressional Hearing Examines Puerto Rico Debt Crisis 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 PST
Puerto Rico Proposes Debt Plan 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 PST
UNITE HERE Condemns ICE Raids Targeting Central American Women and Children 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 raids di...
Posted: Thu, Jan 7, 2016 11:54pm PST
Puerto Rico Plans to Default on New Year's Day Puerto Rico plans to default on its debt payment due January 1...
Posted: Wed, Dec 30, 2015 11:52am PST
Puerto Rico Population Drops 10% Over Past Decade 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 PST
Congress Excludes Puerto Rico Bankruptcy Provision in Omnibus Bill Puerto Rico not extended bankruptcy protection in new "omnibus" budget package...
Posted: Wed, Dec 16, 2015 10:23am PST
At UN, Archbishop Calls for Puerto Rico Negotiations Puerto Rico Archbishop Calls for Negotiated Settlement to Island Debt Crisis. Catholic Leader Asks "Vulture" Funds to Stop Lobbying Congress....
Posted: Thu, Dec 10, 2015 11:19am PST
Supreme Court to Review Puerto Rico Bankruptcy The Supreme Court announced it will review a lower court decision blocking Puerto Rico from restructuring portions of its debt under the Puerto Rico Recovery Act....
Posted: Fri, Dec 4, 2015 2:38pm PST
Puerto Rico Faces Default Puerto Rico may default on a $354 million December 1 debt payment. The island's governor calls the total $72 billion debt "unpayable" and vows to prioritize public services over debt repayment if forced to choose....
Posted: Fri, Nov 27, 2015 7:20am PST
Hedge Fund Threatens Trade Tribunal to Sue Peru for Old Military Debt A US hedge fund is threatening to sue Peru for $5.1 billion over decades-old military debts it bought....
Posted: Fri, Oct 9, 2015 11:41am PDT
Puerto Rico’s Religious Leaders Call for Debt Relief and End to Austerity Puerto Rican religious leaders call for solutions to the islands debt crisis and for the U.S. government to intervene....
Posted: Wed, Sep 2, 2015 8:09am PDT
Venezuela Reveals New Evidence Against Opposition Leader Leopoldo Lopez Venezuela...
Posted: Tue, Sep 1, 2015 4:30am PDT
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