Treasury Secretary Jacob J. Lew strived to light a fire under congressional leaders Tuesday by calling the fiscal crisis confronting Puerto Rico “immediate and real,” with dire consequences for the island commonwealth’s 3.5 million citizens as well as investment markets nationwide.
Puerto Rico defaulted Monday on most of a debt payment of roughly $400 million; another $1.3 billion in bond payments are due July 1, and the island’s administration has made clear that it can’t meet the obligation. The island has been shut out of the debt markets, while creditors await action on legislation that would restructure its debt under the supervision of an independent oversight board.
Hospitals continue to lay off workers, ration medication, reduce services and close floors. … Despite the intensifying threat from the Zika virus, financial constraints have made it extremely difficult to counteract.
— Treasury Secretary Jacob J. Lew warns congressional leaders about the situation in Puerto Rico
Hundreds of “Frozen” cartoon film fans took to Twitter to press Disney, the producer of the children’s mega-hit musical, to make a sequel – only this time, give the leading lady, Elsa, a lesbian love interest.
Advocates for physician-assisted suicide are on a roll as they hope to parlay their West Coast momentum to the Empire State.
According to the American Foundation for Suicide Prevention, suicide is the 12th leading cause of death in Mississippi.
Pope Francis railed against the sexual abuse of children in a weekly address in St. Peter’s Square Sunday, calling any such abuse a “tragedy” and saying the church cannot tolerate the matter and “must severely punish the abusers.”
BRUSSELS – Belgium is to provide iodine pills to its entire population of around 11 million people to protect against radioactivity in case of a nuclear accident, the health minister was quoted as saying Thursday.
Two Senate Democrats have introduced a bill to create a new climate change adaptation fund to be paid for through new federal bonds.
Call it resistance with love. A massive gathering of atheists that takes place every year in Washington, D.C., will now face some concerted counterpointing, thanks to the rally call of one church in California for those of Christian faith to travel to the freethinkers’ scene to try and change hearts.
Parents who