Tag "bankruptcy"
Economics
North America
Can Puerto Rico escape disaster?
Puerto Rico’s debt saga now heads to federal court, where the struggle between Puerto Rico and its creditors will be decided.
Asia Pacific
Economics
Chinese real estate firms turn to overseas investment
While Chinese top-tier real estate companies gain a more solid financial foundation, small developers in lower-tier cities face rising risks. Since 2013, Chinese real estate developers have looked overseas for investment
Finance
North America
Could Puerto Rico default?
Puerto Rico is about to follow in the footsteps of Detroit, with few options left but declaring bankruptcy. With U.S. retirement funds relying on Puerto Rican bonds in portfolios, the
Finance
North America
10 Facts about the Detroit Chapter 9 Bankruptcy
“They (outsiders) think Detroit is a dump. No respect. It’s a dump now. Detroit can’t even handle its own business? That’s sad.” — Detroit resident Everett Cottrell, 52. 1. The largest
