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Puerto Rico Cuts Services as Budget Gap Grows


Donald Trump Criticizes Corporate "Inversions" During Presidential Debate

 Republican Presidential candidate Donald Trump criticized the practice of corporations moving their headquarters overseas in name only to avoid US taxes during the presidential debate in South Carolina. Trump called these corporate "inversions" "one of the biggest problems" facing the United States. Democratic presidential candidates have also criticized the practice.

Argentina Negotiates Debt Dispute with "Holdout" Hedge Funds

Argentina's new government begins negotiations in New York with groups that sued the country for more than $1 billion after the country defaulted on its debt in 2001. President Mauricio Macri took office in December and announced his intention to reach a settlement. The investor groups are known as "holdouts" because they refused to participate in Argentina's debt restructuring deals that 92 percent of investors accepted.

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Congress Excludes Puerto Rico Bankruptcy Provision in Omnibus Bill

As Congress releases the "omnibus" package, bankruptcy provisions for Puerto Rico remain noticeably absent according to Jubilee USA, which closely followed the budget negotiations. Over the last week, bipartisan efforts to include Puerto Rico bankruptcy protection in the massive spending bill failed to move forward. Congress will vote on the legislation in as little as 72 hours.

"I'm deeply disappointed by the lack of Congressional action," commented Eric LeCompte, Executive Director of the religious development group, Jubilee USA. "We are failing millions of Americans on the island."

Representatives Pedro Pierluisi (D-Puerto Rico), Sean Duffy (R-WI) and Senators Chuck Schumer (D-NY) and Richard Blumenthal (D-CT) have all introduced separate bills to extend Chapter 9 bankruptcy protection to Puerto Rico.

Puerto Rico faces a January 1 deadline to pay nearly $1 billion in debt or default.

"It's not too late for Congress to pass bankruptcy protection for Puerto Rico," noted LeCompte. "Time is running out to act and the lives of our fellow Americans hang in the balance."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people.



Dziś na rynku są dostępne przeróżne buty, możemy wybrać zarówno firmy polskie jak i zagraniczne. Jeśli, jeszcze nie mamy zimowych butów, opłaca się wybrać takie, jakie sprawdzą się pod względem dwóch czynników – będą wygodne i ciepłe. Na dodatek, bardzo ważne jest, aby stawiać na wysoką jakość wykonania. Takie oferuje buty mayoral, są dobre gatunkowo solidne.

National Mobilization for Common Sense Gun Laws



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