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Monday, June 27, 2016

Puerto Rico News Digest For June 27, 2016


LEW URGES SENATE TO CONSIDER PROMESA
















"U.S. Secretary Jacob Lew has sent a letter to Senate Majority Leader Mitch 
Mc Connell regarding the debt crisis in Puerto Rico. Lew says that if H.R. 5278, 
the Puerto Rico Oversight, Management, and Economic Stability Act (Promesa) 
is not considered, the island’s looming July 1 default could trigger lawsuits that, 
if  “successful, a judge could immediately order Puerto Rico to pay creditors 
over essential services such as health, education, and public safety...”


SJ PRIDE MARCH REMEMBERS ORLANDO VICTIMS


From Fox News Latino:

"Thousands of people turned out on Sunday for the annual Gay Pride March
in San Juan, where special remembrance was paid to the victims of the Orlan-
do nightclub massacre, almost half of whom were of Puerto Rican heritage. "I
lost two friends, two brothers, Martin (Benitez Torees) and Jimmy de Jesus (Ve-
lazquez)," Boriquen Memorial funeral home spokesperson Serbella Tejeda said
after the establishment had offered its services gratis to the families of the 23
Puerto Ricans who died in the shooting at the Pulse nightclub..."


ISLAND GOP BACKS STATUS VOTE


From The San Juan Daily Star:

"The Puerto Rico Republican Party approved a resolution supporting the hol-
ding of a referendum on the island’s status issue in which voters will choose
among two decolonization options: statehood or independence, and that it be
held together with the Nov. 8 general elections, local party president Jenniffer
González announced Thursday..."


AGP SUSPENDS INFRASTRUCTURE PAYMENTS


From Reuters:

"Puerto Rican Governor Alejandro Garcia Padilla late on Friday declared a sus-
pension of any payments on some debt issued by the U.S. territory's infrastruc-
ture financing authority, citing the authority granted under a local emergency de-
bt moratorium law. Garcia Padilla signed an executive order that applies to "cer-
tain Puerto Rico Financing Authority (PRIFA) notes," a statement from the gov-
ernment said..."


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