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Puerto Rico: Vulture Funds Demand Harsh Austerity Measures
Published : 2015-07-31 - Duration : 00:37 - View : 1
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Puerto Rico’s debt holding vulture funds have demanded that the Caribbean island slash public spending, especially on education, to deal with its debt crisis. In a re port commissioned by 34 hedge funds, International Monetary Fund economists call on Puerto Rico to raise taxes, cut medical aid benefits, close schools, slash education subsidies an...
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