The US Treasury and executives from the cooperative sector consider new alternatives to overcome the crisis
The US Treasury and executives from the cooperative sector consider new alternatives to overcome the crisis
Given the increasing possibility that the cooperative sector will suffer a loss of millions of dollars because of their investments in Puerto Rican bonds, leaders from this sector, as well as the regulating entity for cooperatives, are pondering new alternatives to face the situation. Meanwhile, El Nuevo Día learned that an analysis from the US Department of Treasury has suggested that changes to the legal framework governing this kind of activity in the Island might be necessary.
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