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White House rules out forgiving Puerto Rican debt

08 October 2017, 01:14 | Marta Robbins

Donald Trump pronounced 'Puerto Rico' in such a strange way

White House rules out forgiving Puerto Rican debt

"We love Puerto Rico", he said in a breathless voice that was anything but Spanish.

Speaking to a crowd of representatives from over 200 Hispanic businesses, community and faith groups gathered in the East Room of the White House, Trump drew out the vowels in the name of the USA territory three times.

Puerto Rico bondholders should only expect to recover 10 to 20 cents on the dollar when the island emerges from its record-setting bankruptcy, in line with recoveries seen when sovereign nations default, according to Kyle Bass, managing partner of Hayman Capital Management.

Asked yet again for an answer, Mr. Trump said, "You'll find out".

'Among you are leaders in government, faith, and business.

"I think Secretary Tillerson, Secretary Mattis and chief of staff Kelly are those people that help separate our country from chaos, and I support them very much", he said.

Rafael Nadal 'heartbroken' over Catalan independence referendum clashes
Officials claim that 90% of Catalans who voted backed leaving Spain , but turnout for the referendum barely exceeded 40%. More than two million Catalans voted to eave Spain last Sunday in a poll marred by a violent police reaction.

The U.S. will not lift sanctions on Cuba "until it delivers full political freedom for the Cuban people", Trump said, reiterating a promise he made in the Florida's Little Havana community earlier in the year. Sometimes they're too tough.

The president has had a tumultuous relationship with the Hispanic and Latino communities, starting with his speech announcing his run for president in 2015, when he called Mexicans "rapists".

The president also waited two weeks in the aftermath of Hurricane Maria to visit Puerto Rico.

"The fact that he thinks he is amusing when he does stupid and hateful garbage like this says volumes about who he truly is", one Twitter user wrote.

Trump went on to say: 'We just got back from Puerto Rico together and it is really quite a sight there.



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