Last July, Puerto Rico defaulted on hundreds of millions in debt, however under the PROMESA federal rescue law put together in the last minute, creditor litigation was put on hold - a kind of deferred debtor protection without the actual bankruptcy. The law was meant to encourage Puerto Rico and its federal financial oversight board to negotiate debt-cutting agreements with creditors.
Another day, another jawboning escalation out of North Korea, which on Tuesday accused the US of pushing the Korean peninsula "to the brink of nuclear war" after two strategic U.S. bombers flew training drills with the South Korean and Japanese air forces in another show of strength. As Reuters reports, the two supersonic B-1B Lancer bombers were deployed amid rising tensions over North Korea's pursuit of its nuclear and missile programs.
Authored by Robert Parry via The Strategic Culture Foundation,
Authored by John R. Lott, Jr. via Crime Prevention Research Center
The Distribution of Murders
The United States can really be divided up into three types of places. Places where there are no murders, places where there are a few murders, and places where murders are very common.
Ever since the stunning 2016 election caught them off-guard, Democrats, who expected to quickly fall in-line behind their new leader Hillary Clinton, have been struggling to identify a new party leader or even a cohesive message to rally around. Meanwhile, in light of the sudden power vacuum and the fact that Bernie Sanders was clearly sabotaged during the primary process, the Democratic party, much like Republicans and the Freedom Caucus, seems to be splintering before our eyes with the more "progressive" elements of the party increasingly distancing themselves from the more moderate voic