Edition:
International

Tiziana Barghini

Puerto Rico will do what it takes to honor debts

Oct 15 2013

NEW YORK Puerto Rico will do whatever it takes to honor its debt, Governor Alejandro Garcia Padilla said on Tuesday, as local officials tried to reassure investors the U.S. territory can and will meet its obligations after a jump in yields shut it out of capital markets.

Puerto Rico's fat yields luring hedge funds, distressed buyers

Sep 27 2013

Puerto Rico's municipal tax-free bonds yields are luring a new class of buyers: hedge funds and distressed debt investors betting the Caribbean island will keep servicing its massive debt.

Puerto Rico's fat yields luring hedge funds, distressed buyers

Sep 27 2013

Sept 27 Puerto Rico's municipal tax-free bonds yields are luring a new class of buyers: hedge funds and distressed debt investors betting the Caribbean island will keep servicing its massive debt.

Puerto Rico cuts planned debt sales after bond sell-off

Sep 10 2013

A day after a Puerto Rico bond sell-off pushed yields above 10 percent, the Government Development Bank said on Tuesday it is scaling back bond sales planned for the rest of 2013.

Analysis - History offers few happy endings for Detroit to follow

Jul 25 2013

MIAMI/NEW YORK Detroit officials hope the bruising bankruptcy battle ahead of them will be rewarded with the birth of a leaner, more efficient and ultimately prosperous Motown.

Analysis: History offers few happy endings for Detroit to follow

Jul 25 2013

MIAMI/NEW YORK Detroit officials hope the bruising bankruptcy battle ahead of them will be rewarded with the birth of a leaner, more efficient and ultimately prosperous Motown.

Detroit filing sends benefits' warning to other cities

Jul 21 2013

NEW YORK Many U.S. cities have a much better economic outlook than struggling Detroit, but the Motor City's bankruptcy filing on Thursday should still set off alarm bells elsewhere as the cost of paying retirement benefits swells.

Analysis: Detroit filing sends benefits warning to other cities

Jul 20 2013

NEW YORK Many U.S. cities have a much better economic outlook than struggling Detroit, but the Motor City's bankruptcy filing on Thursday should still set off alarm bells elsewhere as the cost of paying retirement benefits swells.

ANALYSIS-Detroit filing sends benefits' warning to other cities

Jul 20 2013

NEW YORK, July 20 Many U.S. cities have a much better economic outlook than struggling Detroit, but the Motor City's bankruptcy filing on Thursday should still set off alarm bells elsewhere as the cost of paying retirement benefits swells.

Analysis: Puerto Rico - a vacation oasis overrun with high debt

Jun 25 2013

Puerto Rico's turquoise Caribbean waters lap white sandy beaches under year-round sun, making the island a safe place to relax.

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