Global Recession Hits Puerto Rico Hard

by Tim Fitzsimons
January 09, 2014 4:29 AM

Listen to the Story

Morning Edition

4 min 12 sec

The island is paying nearly 10 percent interest on its bonds to attract reluctant investors. And some credit-rating analysts are saying Puerto Rico's bonds may soon get a downgrade. But optimists say they can help solve the island's problems from the bottom up.
.
.
.
.