In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the Ministry of Finance’s most recent figures show. And it’s not just the Japanese. Across the world, foreigners are pulling back from U.S. debt like never before. Source: Bloomberg
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A U.S. warship carried out a “maneuvering drill” when it sailed within 12 nautical miles of an artificial island built up by China in the South China Sea, to show Beijing it was not entitled to a territorial sea around it, U.S. officials said on Thursday. Source Reuters
US President Donald Trump has once again urged NATO members to pay more, saying 2 percent of GDP was the miniumum. Earlier, EU officials seemed assured that Trump had reversed some of his criticism of the bloc. Source Deutsche Welle
A downturn in Greece’s property market deepened in the first quarter, as uncertainty over its bailout program and chronic weakness in its banking sector further eroded a traditional pillar of the country’s ailing economy. Source ekathimerini