Puerto Rico declares a form of bankruptcy

Bitcoin sees a record day, after more than tripling in value over the past year. Tough times for Puerto Rico, as creditors seek payment and coffers are depleted. The US territory declares a form of bankruptcy. The World Economic Forum kicks off in Durban, South Africa for the next 3 days. We also talk about Apple’s recent promise to give US manufacturing a $1 billion boost, and the profit increase Volkswagen is seeing after cost cuts. We look into the latest efforts by GOP members to undo financial regulatory laws such as the Dodd-Frank Act. Finally, former US trade commissioner Bart Chilton joins us to discuss the latest developments in DC, such as jobs and healthcare.

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