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The Central Bank of Russia has sold $ 3.1 billion in US Treasury bills as of February, reducing its investment in American debt to the lowest level since March last year. Moscow still occupies the 16th position among the largest holders of US government bonds. Russia has cut its holdings for the third consecutive month. […]
THE bond market used to be the prime exhibit for those predicting low long-term economic growth. In the summer of 2016 the ten-year Treasury yield briefly dipped below 1.5%, as expectations for growth and inflation sagged. Things have changed. Earlier this year the ten-year yield briefly went higher than 2.9%. Even after recent share-price gyrations, […]
Indian Govt Is Selling Off Air India And Its $ 5 Billion Debt Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). […]
Heron Abegaze/Instagram Soon after her 26th birthday, Heron Abegaze had what she calls a “quarter-life crisis” when she realized how much interest was accumulating on her student debt. Abegaze convinced her boyfriend that they should stop making only minimum payments and instead make paying off both of their debt a priority. Less than three years […]
Apple suppliers have breached the firm’s core labor rules 44 times in the last year, according to a new audit. The number of overall violations, which include debt bondage and underage employment, have doubled. The 2017 Supplier Responsibility Report includes 756 of the tech giant’s suppliers. Some 197 suppliers were audited for the first time. […]
Instagram Embed: //instagram.com/p/BfMhNgmlFIC/embed Width: 658px A 26-year-old woman has revealed that she sank into $ 10,000 (£7,256) of debt by trying to become an ‘Instagram star.’ Her lifestyle involved monthly shopping sprees, designer handbags, and monthly travel all for the goal of getting ‘the perfect gram.’ While she regrets her spending, she says she still forks […]
The US Treasury has warned that imposing new sanctions on Russia’s sovereign debt market could cause massive repercussions for the US, a new unclassified document warns. The memo, obtained by Bloomberg, outlines the risks of expanding existing sanctions on Russia to include new sovereign debt and derivatives. The Treasury did not release the report publicly. […]
ISIS, tax cuts, public trust. Race, immigration, the Empire State Building. Civil-service reform, North Korea, manufacturing. President Donald Trump’s State of the Union speech addressed a broad sweep of issues. But one central economic topic went notably missing: the country’s growing annual deficits and its increasing burden of debt. The omission was a sign of […]
Vladimir Putin was first elected as Russian President in 2000. Here’s how the Russian economy has transformed in the intervening years by numbers. Quality of life Before Putin’s election, Russia had a $ 9,889 GDP per capita by Purchasing Power Parity (PPP). The figure had almost tripled by 2017, and has now reached $ 27,900. […]
We asked members of the BuzzFeed Community to share their worst financial decisions. As college is one of the biggest investments a person makes (the average student debt in the US is more than $ 32,000), it’s not entirely surprising that many of the responses involved school — taking out large student loans, choosing the […]
