Economy | Business | Nation

Global Recession Hits Puerto Rico Hard

NPR | Jan. 9, 2014 9:24 a.m.

Contributed By:

Tim Fitzsimons

The island is paying nearly 10 percent interest on its bonds to attract reluctant investors. And some credit-rating analysts are saying Puerto Rico’s bonds may soon get a downgrade. But optimists say they can help solve the island’s problems from the bottom up.

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