The Puerto Rico Government Development Bank, which provides loans to the U.S. territory's government and semi-autonomous authorities, is in a "fragile" position, the bank's president told legislators.
Puerto Rico GDB President Says His Bank is 'Fragile'
MAY 1, 2013 4:51pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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