Puerto Rico To Default on Debt Payments

Puerto Rico's governor has halted a 422 million dollar debt payment to the US, due this Monday, after talks on ending the territory's debt crisis failed.

Alejandro Garcia Padilla said in an address to the nation on television that he had issued an executive order suspending payment, in what he called a 'painful decision'.

Here's our US correspondent Lorna Shaddick.

IN: Governor Padilla said...
OUT: SOC
DUR: 45 seconds
POT: 36 seconds

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