More than 3,000 infants in Brazil have been diagnosed with brain deformities believed to have been triggered by the Zika virus, a disease similar to dengue fever that has become increasingly common as the Southern Hemisphere’s summer wears on.
Contents: Puerto Rico avoids default with partial bond repayment; Central Africa Republic votes for new president and legislature
Contents: Puerto Rico negotiates restructuring after Congress fails to allow Chapter 9 bankruptcy; China’s military on high alert when US bombers flew over South China Sea; Delusional claims made during the Democratic debate
Congressional leaders have averted a government shutdown and have set new policies, such as strengthening the visa waiver program, according to Reuters.
The financial situation in Puerto Rico is at the crisis point, leading to proposals for a massive bailout that would ostensibly stabilize the island’s economy and protect small investors… but would, in fact, be a tremendous giveaway to Wall Street interests.
Republican presidential candidate Ben Carson traveled to Puerto Rico on Sunday to support the U.S. territory becoming the 51st state, saying that would strengthen the United States.
Two and a half months after defaulting on part of its $73 billion in debt, President Barack Obama is asking Congress to give Puerto Rico the power to file for bankruptcy, so the U.S. Territory can cancel their debt and borrow more money.
On October 7, the US Department of Justice announced the Organized Crime Drug Enforcement Task Force (OCDETF) had dismantled a drug trafficking organization responsible for the transportation of multi-kilogram quantities of cocaine and drug money between Puerto Rico and the Continental United States. This organization was using drug mules to smuggle kilograms of cocaine hidden in suitcases on airplanes.
Speaking before the United Nations General Assembly, Cuban dictator Raúl Castro insisted that, without the transfer of sovereignty of Guantánamo Bay to the communist regime and the censorship of U.S. broadcasts condemning human rights violations, the normalization of relations with the United States cannot occur.
A Utah mother desperate to save her prematurely-born 1 1/2-pound boy managed to keep him alive after he was born on a cruise ship.
Major League Baseball seems poised to send at least one game to sunny Puerto Rico next year, sources say.
In a speech delivered entirely in Spanish, Rubio blamed Clinton supporters for the U.S. territory’s economic problems as he railed against giving Puerto Rico bankruptcy protection
Contents: As Iran rises in the Mideast, Kurds benefit in Iraq and Syria; Saudi Arabia suffers deadliest terrorism attack in years; Puerto Rico default triggers selloff in municipal bond funds
Puerto Rico officially defaulted on part of its $73 billion in debt on Monday afternoon, when the U.S. territory only paid $628,000 toward a $58 million debt due by 5 p.m.
SAN JUAN, Puerto Rico, Aug. 3 (UPI) — Puerto Rico paid only $628,000 on a $58 million debt bill due Monday, putting the country into default for the first time.
Contents: Big losses expected Monday when Greece’s stock market reopens; Puerto Rico to default on Tuesday; Venezuela’s collapsing economy receives $5 billion from China; Venezuela in border dispute with Guyana; Turkey returns to war with the Kurdish PKK
The effort to relieve, or bail out, the U.S. commonwealth of Puerto Rico from its current economic struggles has just received a big boost from the Obama administration.
Contents: Iran blamed for terrorist bombing in Bahrain; Puerto Rico expected to default on Saturday; China’s government to continue buying stocks to stabilize markets
American Samoa is the only U.S. territory to refuse to comply with the Supreme Court’s decision to legalize same-sex marriage through U.S. law.
Contents: France reverses policy, will sell advanced defense weapons to Georgia; Greece joins Zimbabwe and Cuba in missing an IMF payment; Congress may enable bankruptcy courts for Puerto Rico; What were you doing last night at 23:59:60?
Puerto Rico’s governor said that the U.S. territory was in a “death spiral” and may default on the $72 billion debt it has accrued. “Even if we raise revenues and cut costs, the magnitude of the problem is such that we would not resolve anything given the weight of the debt we’re dragging,” the Democratic governor, Garcia Padilla, said in a public address.
SAN JUAN, Puerto Rico (AP) — The governor warned that Puerto Rico can’t pay its $72 billion public debt as international economists released a critical report Monday on the island’s economy.
Greece’s banks will be closed indefinitely, starting on Monday, after the European Central Bank (ECB) announced that it will end liquidity funding that was being used to prevent a Greek banking collapse.
On June 19, a Puerto Rican commonwealth court abolished the territory’s registry and licensing requirements for firearms, thereby making the Second Amendment the only requisite necessary to carry firearms openly or concealed.
Fiercely successful, Kimberly Guilfoyle has taken an inspiring path on her way to becoming the woman she is today, finding out at the age of nine that her mother was dying of leukemia and losing her at 11-years-old.
SAN JUAN, Puerto Rico (AP) — Jeb Bush confronted one of the Republican Party’s touchiest debates head-on Tuesday, telling Puerto Ricans that conservatives should be proud that America is “an immigrant nation” and value the contribution immigrants make to the country.
Puerto Rico bankruptcy may be imminent, potentially a ‘seminal event’; Israel releases tax revenue collections to Palestinian Authority; Mideast nations line up for and against Saudi airstrikes in Yemen; Mideast countries opposed to Saudi intervention in Yemen
