Detroit submits plan to settle $18bn debt

The plan to pull the city out of the biggest public bankruptcy in American history will cut pensions and spending.

    The US city of Detroit has submitted a plan to pull itself out of the biggest public bankruptcy in American history.
     
    It wants to settle its $18bn debt by making cuts to pensions and spending.
     
    But the plan still needs approval from a judge.

    Al Jazeera's Bisi Onile-ere reports.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We will cut your throats': The anatomy of Greece's lynch mobs

    The brutality of Greece's racist lynch mobs

    With anti-migrant violence hitting a fever pitch, victims ask why Greek authorities have carried out so few arrests.

    The rise of Pakistan's 'burger' generation

    The rise of Pakistan's 'burger' generation

    How a homegrown burger joint pioneered a food revolution and decades later gave a young, politicised class its identity.

    From Cameroon to US-Mexico border: 'We saw corpses along the way'

    'We saw corpses along the way'

    Kombo Yannick is one of the many African asylum seekers braving the longer Latin America route to the US.