It's not all fun and sunshine on Puerto Rico's beaches this summer. The U.S. territory issued a lot of debt. Now creditors want to be paid, but there are concerns about whether Puerto Rico will honor its obligations.
On Tuesday, Moody's knocked Puerto Rico's credit rating three notches further into junk status after the territory signed a law that makes it easier for some agencies to shirk debt payments.
Puerto Rico begins circling default (again) - Jul. 2, 2014
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