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< Puerto Rico, the Fed and the Book of Leviticus
31.08.2015 10:11 Age: 1 year
Category: Press Hits

Faith Leaders Call for Debt Relief to Puerto Rico

Inter Press Service


WASHINGTON, Aug 31 2015 (IPS) - Puerto Rico’s religious leaders have called for debt relief of the Caribbean U.S. territory in the face of the 72 billion dollar liability that represents 20,000 dollars of debt for every man, woman and child.

In a statement issued Aug. 31, the clergy called on the U.S. Federal Reserve to intervene if Congress fails to pass bankruptcy protection to the financially-strapped island.

“This debt crisis threatens to push more of our people into poverty and put people out of work,” said San Juan Archbishop Roberto González Nieves, leader of Puerto Rico’s mostly Catholic population.

 

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