The executive director of Puerto Rico's federally created financial oversig...
SAN JUAN - The executive director of Puerto Rico’s federally created financial oversight board said on Monday that a plan to restructure the U.S. commonwealth’s core government debt likely cannot be done by the end of April.
But on Monday, the oversight board’s executive director, Natalie Jaresko, said the attorney meant to say that the plan could be filed with the court “at best” in April. “We’re trying not to do a cramdown, but I don’t know where that’s going to end up in the end,” Jaresko said, referring to a process where an adjustment plan could be imposed on certain creditors.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Puerto Ricans decry austerity, hurricane help at hearingSAN JUAN, Puerto Rico (AP) — Hundreds of Puerto Ricans filled a coliseum on Friday to speak at a first of its kind public hearing organized by a group of U.S. legislators visiting the U.S....
Read more »
China's Premier Li says it is not realistic to decouple economies of China, U.S.It is not realistic to decouple the economies of the United States and China, Pr...
Read more »
AFL-CIO criticizes Green New Deal, calling it ‘not achievable or realistic’The labor union urged lawmakers supporting the plan to include labor in conversations related to climate change.
Read more »
Uber plans to kick off IPO in AprilRide-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
Read more »
Uber plans to kick off IPO in April: Reuters, citing sourcesRide-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
Read more »
Exclusive: Uber plans to kick off IPO in April - sourcesRide-hailing company Uber Technologies Inc is planning to kick off its initial p...
Read more »
Here's the No. 1 reason why Americans are struggling to save money—and it's not debtHere's the No. 1 reason why Americans are struggling to save money—and it's not debt via CNBCMakeIt
Read more »
Gillibrand plans Trump NYC hotel speech, makes 2020 bid officialSen. Kirsten Gillibrand will deliver a speech in front of the Trump International hotel in New York City next Sunday as she launches the next phase of her presidential campaign
Read more »
U.S. plans 'very significant' additional Venezuela sanctions: officialThe United States is preparing to impose 'very significant' Venezuela-...
Read more »