
“Unable to pay its $73bn debt, Puerto Rico has begun rationing water,closing schools and watching its healthcare system collapse and 45% of its people living in poverty. Emigration to the mainland has accelerated in recent years, activists say, and data shows that from 2003 to 2013 there was a population swing of more than 1.5 million people. As a US territory, the semi-autonomous island does not have the same authorities that allow others to file for Chapter 9 bankruptcy, as Detroit did to cope with its own disastrous finances. Today, 60% of Puerto Ricans live in the States and 40% on the island according to a 2014 Pew report, with most moving to Florida.”
http://www.theguardian.com/world/2015/jul/02/puerto-rico-economy-exodus-us-mainland
Related posts:
More child sex charges for Mille Lacs County Sheriff’s Deputy
EU suspends aircraft emissions trading rules
The National Security Agency: America’s powerful electronic spy service
As prices soar, Indians exchange gold for cash
China defies IMF on mounting credit risk and need for urgent reform
U.S. denies visa waiver to ex-Nato chief and architect of Iran nuclear deal
A Christian Alternative to Health Insurance (ObamaCare Exempt)
White House sends resolution to Congress asking for approval on Syria strikes
New Zealand passes law allowing domestic surveillance
S&P: Britain's euroscepticism a major factor in EU's loss of triple-A rating
Argentine ‘superhero’ facing weapons charges
German tax officials raid UBS clients' homes
Senator Feinstein: U.S. authorities are vigorously pursuing Edward Snowden
U.S. Navy admiral pushes officers to curtail ‘jargon and gibberish’
Democrats Retreat on Civil Liberties in 2012 Platform