Puerto Rico's Debt Crisis Grows Larger

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Yesterday, in a ten-minute televised speech, the Governor of Puerto Rico said the commonwealth will default on a $422 million bond payment. Alejandro García Padilla said "essential services" for 3.5 million people had to come first. Michelle Kaske covers Puerto Rico for Bloomberg News.

Credits

Guest:
Michelle Kaske - Bloomberg News - @MichelleKaske

Host:
Warren Olney

Producers:
Christine Detz, Paul von Zielbauer, Evan George