. ♪♪ ♪♪ julio: el gobernador de puerto rico, alejandro garcÍa padilla, viajÓ a washington para tratar extienda la protecciÓn de bancarrota. su mayor expectativa estÁ puesta en la exigua responsabilidad de obtener este beneficio. no sÓlo alejandro garcÍa padilla busca ayuda, tambiÉn lÍderes reclaman esta ayuda econÓmica. ♪♪ periodista: varios de los representativos lÍderes puertorriqueÑos de nueva york y organizaciones cÍvicas, levantaron su voz para decirle al gobierno que tome medidas de emergencia para la crisis que enfrenta la isla del encanto. >> presidente obama, no se olvide de cÓmo llegÓ a la casa blanca, fue con el apoyo hispano y puertorriqueÑo. >> puerto rico tiene un lugar importante en los estados unidos y merece la ayuda y el apoyo del gobierno federal. periodista: el pedido de estos lÍderes es para que el congreso le dÉ a puerto rico una posibilidad de que sus municipios reciban el amparo de leyes de bancarrota, a la que no se pueden someter por ser un estado libre asociado. >> no podemos seguir con la misma polÍtica de siempre, pensamos en cÓmo invertir en puerto rico p

in an interview with the new york times, puerto rican governor alejandro garcia padilla admitted -- "the debt is not payable. there is no other option. i would love to have an easier option. this is not politics, this is math." during a televised address monday, garcia padilla announced his plans to restructure the debt. >> the goal would be to achieve a negotiated moratorium with the bondholders to postpone for a number of years the debt payments in a way so we could use that money in these years to pay the debt and invest here in puerto rico to create jobs and accelerate the economy. juan: the retired u.s. bankruptcy judge who oversaw detroit's bankruptcy has now been retained by puerto rico. but the island cannot legally file for bankruptcy because it is a commonwealth. garcia padilla called for this to change. >> it is the moment for us to speak as one voice to demand concrete action from washington, action from washington now action so they finish approving the changes to chapter nine and so that puerto rico can count on the same protection that other jurisdictions have. juan: ga

saben que atraviea sa por su peor momento economicÓmico, ajhab hablaremos co con ajgplejanadro garcia padillaÁ esu punto el dlunes. t tambineta tambien impacto de las vacunas e en el paiÍs. >> mguchas gracias hoy se relaizoalizÓ la competencia anual de quiÉn tco come maÁs chotdog el ganador comi comio 62 . emme en mujer d 38 hotdogs, siete mÁs de los uqque ella mismo a consumiÓ el aÑo pasado y contra contrario a lo que podamos pensa pensar, ambos estÁn delgados. >> el palacios de la cenicienta e en disneywordld tuvo lugar un es espectaculoes espectÁculo de luces, pero de v verdad. en verano el estado del sol es se convierte en el estado de las tormentas electricaÉctricas qdesgadesarg desargas desargcarg descargas a las que hay que ten tener respeeteto, mire la preciosid preciosidad en su pantalla, asÍ finalizamos gmpucha precauciÓn mpguchas gracias por su atnecionencion, recuerde sigue sien siendo sabadÁbado, no cualquiera eso si, es 4 de julio, a festejar co con alegriÍa y con mpucha precauciÓn pasela est

the governor, alejandro garcia padilla has called on creditors to postpone bond payments and structure the data. you've heard that song before. it is still unknown whether bondholders will agree to better choose to resolve the issue in court. "the new york times" reporting hedge funds such as awful as a management, paulson and management. basing their bosses and puerto rico. the times says hedge fund managers saw the price of bondholders plus 17% earlier this week. as you know, the u.s. commonwealth are not really eligible for restructuring the debt because they are not a municipality. in the meantime, the investments have been dwindling and i've made a lot of money. walter roth bad on tsipras, did well, bad on ireland, did well there. >> adam shapiro has been doing a lot of reporting on this and the actual exposure to the u.s. investor when it comes to puerto rico was large and quite concerning when it comes to situation right now. tree into the sky you caught up a global markets. asia seen mixed action over there. the shanghai down. we continue to see weakness in the markets. the nik

ilia: puerto rico se enfrenta al pago de su deuda, este viernes a la medianoche, el gobernador garcÍa padillate monto, corresponde a la deuda pÚblica. a pesar de haber hecho ajustes, puerto rico no puede pagar los 94 millones de dÓlares que venciÓ el 1 de agosto. los cuales corresponde a bonos permitidos. >> eso es lo mÁs difÍcil que tenemos para cumplir, pues no es suficiente para mantener los servicios esenciales del gobierno. y pagar la obligaciÓn que tenemos. >> segÚn el informe presentado a principios de junio, la deuda de puerto rico se disparÓ a finales de la dÉcada de 1990. los Últimos cuatro gobiernos pidieron prestado bastante dinero. >> en lugar de crear, el dinero base de la riqueza, o del desarrollo econÓmico que producÍan esas empresas. los diferentes gobiernos de puerto rico comenzaron a pedir prestado para financiar los dÉficits operacionales. >> la autoridad de energÍa elÉctrica, lleva meses renegociando con sus acreedores. medidas similares estÁn buscando para las demÁs corporaciones pÚblicas. despuÉs del informe, el gobernador creÓ un comitÉ para pensar en soluciones viable

marÍa celeste habla en exclusiva con el gobernador alejandro garcÍa padilla. >>> decirle a los candidatosas estamos unidos detrÁs de este proyecto. >>> estÁ de vacaciones campaÑa marÍa celeste enfoque este domingo a las 12/11 centro. nosotros rÁpida hacemos una pausa comercial y al regresar aquÍ a noticiero telemundo. verÁn como nos preparamos para el primer noticiero telemundo digital. y desde ya usted puede seguir paso a paso la producciÓn de esta ediciÓn histÓrica. le cuento como al regresar. crest presenta. hey, porque estas borrando esas fotos. porque mis dientes estan amarillos. prueba 3d white. la pasta de diente y el enjuague crest 3d white diamond strong. blanquean con cuidado, y fortalecen los puntos debiles. usalos juntos para un esmalte dos veces mas fuerte. crest 3d white. >>> los fanÁticos comenzaron a llegar a la ciudad de vancouver canadÁ para la gran final del mundial femenino entre ellos estados unidos. y japÓn. los boletos para el partido, estÁn agotÁndose y nadie quiere perderse esta revancha de su encuentro en el 2011. usted lo recuerda. cuando conquistaron su primera

governor alejandro garcia padilla says the island cannot pay its $72 billion in debt and is facing a financial death spiral. the unemployment rate already tops 12%, more than double the continental u.s. because it's a commonwealth, puerto rico can't declare bankruptcy like detroit did. the white house says no bailout. the crisis would also affect people outside the island. much of puerto rico's debt is held by unsuspecting investors. >> millions of americans without even knowing it own puerto rican bonds, and when they look in their bank accounts and in their 401(k)s they are going to see a number that is lower than it was before. >> reporter: trying to raise money, tomorrow the government will impose a sales tax higher than any u.s. state. 11.5%. as lawmakers debate a new budget. >> the problem is so big and has been going on for so long that they just don't know what to do. >> reporter: so by the end of the summer juan carlos cabrera will move to the mainland, where his wife's found a new job. >> it's not easy. >> reporter: what was once his home, his paradise, now lost. gabe gutie

puerto rico governor alejandro garcÍa padilla has repeatedly said the country must renegotiate its debtlevels, telling "the new york times" last month that the island was in a death spiral. unlike u.s. states, puerto rico is not permitted to declare bankruptcy. in other economic news, bank of america has announced a profit of $5.32 billion for this past quarter -- double the profit that the bank reported last year during this same time period. this past quarter's profit amounts to about $59 million a day. "the wall street journal" reporting the cost of police settlements for the killings of police misconduct has been set -- soaring. the tenuous it is with the largest local police departments over the past 10 years have paid $1.4 billion in total settlements. more than $1 billion of that money went to cases involving retell it or wrongful imprisonment. new york city -- in new york city, by far the largest leased department has paid out $600 million since 2010, the most settlements of any u.s. city. in mexico, the government has auctioned off the first oil and gas contracts to private com

governor alejandro garcia padilla has warned the debt is not payable, leading puerto rico to be dubbed "america's greece." in egypt, the military says more than 100 people have died in clashes between the army and militants in the sinai peninsula. on wednesday, the self-proclaimed islamic state launched one if its widest attacks in the region to date, rating -- raiding military checkpoints and a police station. egypt's military said it had regained control and killed more than 100 militants. a record number of migrants from the middle east and africa have crossed the mediterranean sea to europe in the first half of this year. according to a united nations report, a total of 137,000 people arrived in europe, an increase of 83% from last year. the u.n. said the large majority were refugees were fleeing war or persecution, including many from syria, making them refugees. "europe is living through a maritime refugee crisis of historic proportions," the report said. dozens of people have been killed after a ferry sank off the coast of the philippines. authorities said at least 34 people die

governor alejandro garcia padilla says the island cannot pay its $72 billion in debt and is facing a death spiral. the unemployment rate already tops 12% more than double the continental u.s. because it's a commonwealth puerto rico can't declare bankruptcy like detroit did. the white house says no bailout. the crisis would also affect people outside the island. much of puerto rico's debt is held by unsuspecting investors. million of americans without even knowing it own puerto rican bonds, and when they look in their bank accounts and in their 401(k)s, they are going to see a number that is lower than it was before. >> reporter: trying to raise money, tomorrow the government will impose a sales tax higher than any u.s. state, 11.5%, as lawmakers debate a new budget p. >> the problem is so big and has been going on for so long that they just don't know what to do. >> reporter: so by the end of the summer juan carlos cabrera will move the the mainland where his wife's found a new job. what was once his home his paradise now lost. gabe gutierrez, nbc news, san juan, puerto rico. >>> rig

industrial community who are involved with these bonds, there is a backlash against governor garcia padilla spiral, or rather puerto rico was, and that drastic actions needed to be taken. people think that was rhetorical flourish, that clearly the economy is hurting here but that there are steps that can be taken to resolve the situation without saying the sky is falling. and today would be an indication that they do have the ability to pay. >> all right. >> thank you. >> we finish with good news today. that's great. thank you, kate kelly there in san juan. thank you, carol roth kayla tauschi. as always we enjoy vug on the program today. >> kelly's back tomorrow from aspen. >> this was not planned. yes, we match but -- >> it was so in sync. we don't even have to tell each other. >> that's it for "closing bell." "fast money" coming up right now. melissa lee, what's on tap? >> live from the nasdaq marketsite in new york city's times square this is "fast money." i'm meltsa lee. tim seymour, josh brown, brian kelly and guy adami. mcdonald's coming in dead last in the american customer satisfact