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US Allows China to Purchase Govt Debt Directly From Treasury
Under the arrangement, the People’s Bank of China, the single largest buyer of US debt, will be able to purchase bonds via a direct computer link to the Treasury’s auction system. However, if China wants to sell the bonds it still has to go through the market. GA_googleFillSlot("EW_News_300x250"); The United States has allowed China to purchase government debt directly from t...
Infographic: What You Need To Know About The Keystone XL Pipeline
GA_googleFillSlot("EW_News_300x250"); The proposed Keystone XL pipeline has been the subject of debate among the major players in the North American Energy Industry. While the oil sands in Canada are believed to hold nearly 2 trillion barrels of oil (with 99 percent of the exports expected to end up in the American Midwest), concerns have grown over the construction of the pipeline, whi...
South Korea To “Drastically” Increase Missile Capabilities
GA_googleFillSlot("EW_News_300x250"); South Korea’s defence ministry plans to spend up to 2.5 trillion won ($2.1 billion) over the next five years in order to purchase 500-600 new cruise and ballistic missiles that will supplement the nation’s defence against the neighbouring North Korean military, said a report by the Yonhap News Agency on Tuesday. South Korea&r...