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The head of Vietnam's Communist Party will make a first-ever visit to the White House next week, meeting President Barack Obama on the 40th anniversary of the end of the war between the two nations. The landmark trip underscores strengthening ties between the former wartime enemies amid regional maritime tensions involving China. Nguyen Phu Trong will become the first General Secretary of the Vietnamese Communist Party to visit the United States and the White House, diplomats and officials said.
By Megan Davies NEW YORK (Reuters) - When Puerto Rico hired former Detroit judge Steven Rhodes it sent a signal to creditors that one possible solution it sees is the one thing it cannot do now: declare bankruptcy. Gaining access to the U.S. Chapter 9 bankruptcy laws for the commonwealth would give a framework for creditors and debtors of public corporations to work out their differences. Allowing the Commonwealth itself to follow the same path as the city of Detroit, which emerged from bankruptcy last year, would be a further step.