A man in a local bar watches Puerto Rico's governor Alejandro Garcia Padilla on television delivering an address on the state of the island's finances, in San Juan, Puerto Rico, Monday, June 29, 2015. The governor said that he will form a financial team to negotiate with bondholders on delaying debt payments and then restructuring $72 billion in public debt that he says the island can't repay. (Photo by Ricardo Arduengo/AP Photo)
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