News Manager
Milforums News Bot
By Nick Brown SAN JUAN (Reuters) - Puerto Rico's unpopular governor Alejandro Garcia Padilla on Monday said he would not seek a second four-year term in next November’s election, as he turns his attention squarely to solving the island's $72 billion debt crisis. Garcia Padilla’s administration is facing a federal corruption probe, and the governor’s approval ratings have been dismal, making him a long-shot for reelection. "We are fighting with all our strength to restructure debt ... and to meet our duty to our people to generate economic development," Garcia Padilla said in Spanish, in a taped address televised and livestreamed on Monday afternoon.More...