Monday, October 26, 2020

Moscow continues to dispose US Treasuries

Featured

Belarus: Opposition leader in quarantine after coming into contact with an infected

The leader of the Belarusian opposition, Svetlana Tikhanovskaya, announced that she is currently under quarantine after her contact with...

50 million Americans voted by mail in the presidential election so far

More than 50 million Americans cast their ballots in the US presidential election by mail 11 days before the...

GIP releases inaugural annual report at second plenary meeting

The Second Plenary Meeting of the Green Investment Principles for the Belt and Road (GIP) was held today in...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Russia’s investment in US Treasuries including bills and bonds reached about $ 12 billion in May, its lowest level in 12 years, Russian news channel reported.

The channel said on its website Wednesday that the US Treasury data indicate that Russia’s investments in US bonds declined in the previous month by more than $ 100 million.

During the past two years, the Russian government has reduced its investments in US government bonds, once a major investor in these bonds. Last year, Moscow cut investments from $ 96.9 billion in January to $ 13.2 billion in December, Investments in 12 months have been reduced by $ 81 billion.

Despite the tumultuous trade war, China remains the largest holder of US Treasuries with an investment of $ 1.11 trillion last May. Beijing, which is the second largest holder of US bonds, raised investments to $ 1.101 trillion, the highest level in almost two years.

Read also: Trade Representative: Russia has all the prerequisites for becoming a major supplier of soybeans to China

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Latest News

Belarus: Opposition leader in quarantine after coming into contact with an infected

The leader of the Belarusian opposition, Svetlana Tikhanovskaya, announced that she is currently under quarantine after her contact with...

50 million Americans voted by mail in the presidential election so far

More than 50 million Americans cast their ballots in the US presidential election by mail 11 days before the start of the race, a...

Remains of ships sunk hundreds of years ago discovered in Utbury, Sweden

Archaeologists in Sweden have discovered the remains of small, sunken ships dating back 400 years ago, during excavations in central Gothenburg in the coastal...

New York authorities preparing for possible riots after the election

New York City Mayor Bill de Blasio announced that the major American city authorities are preparing for possible unrest and riots in the city...

Trump: 180 million Americans would miss health care plans if Biden came to power

US President Donald Trump did not stop attacking his rival in the US presidential election, Democratic candidate Joe Biden, sending a message to Americans,...

Related News