Tag Archives: Economics

Luis Dávila Colón: PR default is imminent

The prominent Puerto Rican journalist and attorney Luis Dávila Colón said last Thursday he believes there will be a default on Puerto Rico’s Government Development Bank bond payment of $354 million due on December 1, 2015. In an interview recorded with PRNewsRoundup.com’s Cate Long (@cate_long) and Gil Hall (@gillamhall), Dávila Colón (@davilacolon) said that  government officials “have decided not to pay–even the GOs–and …

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