NEWS 02.May.2016

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The controversial trade deal between the EU and the US could affect public health, people’s rights, internet privacy and the environment badly, Greenpeace says, citing leaked negotiation texts. The US is pressuring the EU over the deal, a report on the texts alleges.

The 248 pages of classified negotiation papers on The Transatlantic Trade and Investment Partnership (TTIP) were released by Greenpeace Netherlands on Monday.

“This treaty is threatening to have far-reaching implications for the environment and the lives of more than 800 million citizens in the EU and US,” a Greenpeace statement says.

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Puerto Rico’s governor declared a moratorium on a $370-million payback due on Monday. This is the largest default in a series of other bankruptcies, and deepens the island territory’s precarious financial situation.

Puerto Rican Governor Alejandro Garcia Padilla said in a Sunday afternoon address that he had ordered the territory’s Government Development Bank not to make certain payments owed on Monday, which adds to a growing list of defaults, saying that Puerto Rico can’t pay its obligations without cutting essential services.

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