Monday, April 25, 2016

Daily Headlines: April 25, 2016


* Puerto Rico: A bipartisan bill to help restructure Puerto Rico’s $70 billion debt continues to be stuck in the U.S. Congress even though a lack of legislative action prior to a May 1st payment deadline would compound the commonwealth’s already dire economic crisis.

* Argentina: On a related note, the Argentine government last Friday paid $9.3 billion to bondholders who were owed over the country’s $100 billion debt default in 2002.

* U.S.: Puerto Rican pugilist McWilliams Arroyo was able to last the distance with Roman "Chocolatito" Gonzalez but the Nicaraguan boxer easily retained his flyweight title and a perfect 44-0 record.

* Honduras: The daughter of murdered environmentalist Berta Cáceres called on European financial interests to halt funding several Honduran hydroelectric projects.

YouTube Source – Last Week Tonight

Online Sources – Bloomberg, Financial Express, ESPN, The Guardian

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