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Puerto Rico defaults on $422m debt
Business, Bloomberg News, Published on 03/05/2016
» SAN JUAN: Puerto Rico has defaulted on a US$422-million bond payment for its Government Development Bank (GDB), escalating what is turning into the biggest crisis ever in the $3.7-trillion market that US state and local entities use to access financing.
Recession looms as strife lingers
Bloomberg News, Published on 16/05/2014
» The prolonged political crisis is raising the risk that Thailand will be the only one of Southeast Asia’s biggest economies to slide into a recession this year, undermining its allure as a manufacturing centre.