Bloomberg Puerto Rico’s main water utility may not have enough money to repay certain bonds if it needs to redirect funds to pay contractors, according to a filing on the Municipal Securities Rulemaking Board’s website. The Puerto Rico Aqueduct and Sewer Authority’s board on Feb. 16 approved an alternative plan to divert money to pay contractors if the agency fails ...

SAO PAULA / Bloomberg Brazil’s ex-president Luiz Inacio Lula da Silva vowed to battle his opponents in the streets in a defiant speech, hours after being briefly detained as part of a probe into a massive corruption scheme. Wearing a red shirt with his leftist Worker’s Party yellow star on his chest, Lula gave an emotional speech to supporters where ...

Bloomberg Argentina plans to mark its return to global capital markets in mid-April by issuing $11.68 billion of bonds to yield 7.5 to 8 percent, Finance Ministry officials told Congress while presenting a debt bill to clear the way for a settlement with most holdout creditors. After reaching a milestone deal with the largest holdout creditors led by billionaire Paul ...