Greek stocks plunge, Puerto Rico defaults | FirstFT

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Vanessa Kortekaas provides Monday's top stories, with shares falling sharply in Athens as the Greek stock market reopens after five weeks, President Obama set to announce action on climate change and Puerto Rico defaulting on its debts.

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The US had contributed to this problem with their failed foreign policies. They destroy the agricultural industry during the first decades after the invasion and had created a culture of dependency with their federal programs (40% of the population received welfare). The Puertorican economy cant develop due to congress regulations (they cant trade in the free market and their shipping industry is controlled by the US), and US mega stores are killing local business. US corporations had exploited local and federal tax exemptions to their benefit creating jobs in the island and leaving thousands of people jobless as soon as these tax incentives expired (after section 936 expired most US companies left PR).

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