• Economists see first default in territory’s history but officials disagree
  • Government fears key fund could run out of liquidity by November

Puerto Rico’s government said on Friday it would not make a $58m bond payment due on the weekend and warned that the general fund would run out of liquidity by November if no action is taken.

Related: Hedge funds tell Puerto Rico: lay off teachers and close schools to pay us back

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Source: The Guardian Circular Economy RSS