Russia's holdings of US securities as of September stood at $ 10.75 billion, latest knowledge from the US Treasury Division reveals. Moscow's complete is only a fraction of what small states, just like the Cayman Islands and Luxemburg, maintain. ...

The rising rivalry between the world’s two largest economies, the US and China, is prone to turning into a ‘monetary conflict,’ a former Chinese language finance minister says. ...

A brand new report by the Worldwide Institute of Finance (IIF) reveals the world’s debt climbed by $ 7.5 trillion within the first six months of 2019 to a file excessive of over $ 250 trillion. It was pushed by borrowings within the US and China. ...

President Trump has applauded the most recent jobs report and its optimistic impact on inventory markets as critics unleashed on him for his failed promise to tame the US authorities spending spree that pushed the nationwide debt over $ 23tn. ...

A brand new report has shed some mild on predominantly western critiques of China’s overseas coverage technique, significantly within the Pacific; and it has put to relaxation a difficulty which has dominated media discourse for a while now. ...

A Trump administration scholar mortgage official has left his publish, blasting a “damaged” mortgage system and calling for faculty debt forgiveness. Although it is is a well-liked progressive view, he’s planning to run for workplace as Republican. ...

Moscow has written off greater than $ 20 billion in debt collected by African international locations in the course of the Soviet period, Russian President Vladimir Putin introduced on Wednesday. ...

Ridiculously low rates of interest around the globe have just lately turn into a scorching subject amongst policymakers and market analysts. RT’s Increase Bust discusses how additional cuts would have an effect on ballooning unfavourable yielding world debt. ...

Beijing lower the holdings of US Treasuries by $ 6.eight billion in August, reaching the bottom degree since Might 2017, the most recent information from the US Treasury Division, launched on Wednesday, reveals. ...

Multinational funding banks Rothschild and Moelis have been shortlisted to advise on restructuring about $ 15 billion of debt at Saudi Arabia’s largest development agency, Saudi Binladin Group. ...