Director / Editor: Victor Teboul, Ph.D.

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By the Numbers: Puerto Rico, Debt Crisis

At issue: Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to its spiraling public debt crisis. Bailout vs. restructure: Gov. Alejandro Garcia Padilla says he does not want a bailout but simply legal ability to restructure existing debt. Sticking point: However, for that to happen, the U.S. territory needs Congress in Washington, D.C., to act. So far, it has not. What's next:...

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