Foreign holdings of U.S. Treasury securities fell for a third straight month in September as China and Japan, the two biggest foreign owners of Treasury debt, both trimmed their portfolios. The Treasury Department said Wednesday that total foreign holdings dropped 0.7 percent to $6.15 trillion in September. Source: ABC News
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
The German government said on Tuesday that US President Donald Trump’s decision to send additional troops to Afghanistan was “the right thing to do.” Defence Minister Ursula von der Leyen also welcomed the decision but said that Germany would not follow suit by further raising its troop numbers. Source: The Local
The United States warned an angry Pakistan on Tuesday that it could lose its status as a privileged military ally if it continues giving safe haven to Afghan militant groups. Source: France24
U.S. President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. Source: Reuters