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美国底特律申请破产
CHICAGO, July 18 (Xinhua) -- U.S. city Detroit filed for bankruptcy1 Thursday, making it the largest-ever municipal bankruptcy in U.S. history, local media reported.
Detroit, saddled with more than 18 billion U.S.dollars in debt, became the biggest U.S. city in history to file for bankruptcy. The 16-page petition was filed in U.S. Bankruptcy Court in Detroit.
Michigan Governor Rick Snyder authorized2 Kevyn Orr, Detroit emergency manager, to file for federal bankruptcy, saying "it is clear that the financial emergency in Detroit cannot be successfully addressed outside of such a filing, and it is the only reasonable alternative that is available."
Kevin Orr, a bankruptcy expert, was hired by the Michigan state in March to lead Detroit out of a fiscal3 free-fall and made the filing in federal bankruptcy court. Snyder's office was making plans to hold a Friday morning news conference at the Maccabees Building, Midtown, where the governor declared a financial emergency for Detroit on March 1.
If the bankruptcy filing is approved, Detroit city assets could be liquidated4 to satisfy demands for debts payment.
According to NBC News, a number of factors, notably5 steep population and tax base falls, have been blamed on Detroit's tumble toward insolvency6. The population of Detroit that in the 1950s reached 1.8 million is now struggling to stay above 700,000. Much of the middle-class and scores of businesses have fled Detroit, taking their tax dollars with them.
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1 bankruptcy | |
n.破产;无偿付能力 | |
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2 authorized | |
a.委任的,许可的 | |
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3 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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4 liquidated | |
v.清算( liquidate的过去式和过去分词 );清除(某人);清偿;变卖 | |
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5 notably | |
adv.值得注意地,显著地,尤其地,特别地 | |
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6 insolvency | |
n.无力偿付,破产 | |
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