Puerto Rico bondholders relent on recovery hopes

Puerto Rico bondholders relent on recovery hopes

Puerto Rico bondholders relent on recovery hopes

Melania Trump stood behind her husband today as he delivered remarks at an event honoring Hispanic Heritage Month.

Yeah. definitely made it worse.

President Donald Trump said on Tuesday while on a trip to Puerto Rico to observe hurricane recovery efforts that the island's debt would have to be wiped out. We're going to continue to do that. And during an appearance on MSNBC's AM Joy this morning, Rep. Adriano Espaillat (D-NY) slammed the president for apparently trying to get a few laughs while Puerto Rico is struggling. "If the president has a view that the bonds should not be repaid it's a powerful argument".

At this year's Easter Egg Roll at the White House, a boy wearing one of Trump's signature "Make America Great Again" red hats called to the president to ask if he could autograph the hat. We're going to have to wipe that out.

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"We are also praying for the people of Puerto Rico". The fourth time that Trump said Puerto Rico, Trump said it the way a guy like the president might say Puerto Rico. In his maiden address to the UN General Assembly last month, Trump said that no nation on Earth had an interest in seeing "this band of criminals" arm itself with nuclear weapons and missiles.

"We see a problem with any stories that are inaccurate or untruthful being presented to the American people as facts", she said. Really?! If you are a Trump supporter please explain this to me because I just don't understand. The bonds traded at 56.25 after the storm hit and have been falling ever since.

Even before the storm, Puerto Rico said it could only pay a fraction of what it owed its creditors.

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