Step 1 : Introduction to the question "what u.s. territory recently filed for bankruptcy?"
It is an archipelago that includes the main island of Puerto Rico and a number of smaller ones such as Mona, Culebra, and Vieques. The capital and most populous city is San Juan. Its official languages are Spanish and English, though Spanish predominates. The island's population is approximately 3.4 million.
Step 2 : Answer to the question "what u.s. territory recently filed for bankruptcy?"
Earlier this month, U.S. territory Puerto Rico filed for a type of bankruptcy, saddled with USD 123 billion in debt obligations.
Step 3 : Other interesting facts related to the question "what u.s. territory recently filed for bankruptcy?"
In 1967 Puerto Rico's Legislative Assembly polled the political preferences of the Puerto Rican electorate by passing a plebiscite act that provided for a vote on the status of Puerto Rico. Puerto Rico has 8 senatorial districts, 40 representative districts and 78 municipalities. It has a republican form of government with separation of powers subject to the jurisdiction and sovereignty of the United States Located in the tropics, Puerto Rico has a rainy season which stretches from April into November.
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