Detroit files for bankruptcy
The city of Detroit in the United States has become the largest American city to file for bankruptcy. It has debts of more than £11 billion.
Population fall fuelled descent into bankruptcy
A number of factors have been blamed for Detroit's fall into bankruptcy. The city lost a quarter of a million residents between 2000 and 2010. A population that in the 1950s reached 1.8 million is struggling to stay above 700,000.
In recent months, the city has relied on state-backed loans to meet the payroll for its approximately 10,000 employees.
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City of Detroit files for bankruptcy
Once a powerhouse of the US car industry, Detroit has filed for bankruptcy as it owes creditors almost $20bn it cannot pay.
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Detroit - broken city
Detroit, once a booming American metropolis, has become the largest US city to file for bankruptcy, with debts of at least $18bn.