GLOBALES: Saudis boost U.S. Treasury holdings ahead of Trump visit, economic talks
 Inicio > Internacionales | Publicado el Viernes, 19 de Mayo del 2017
GLOBALES: Saudis boost U.S. Treasury holdings ahead of Trump visit, economic talks

GLOBALES: Saudis boost U.S. Treasury holdings ahead of Trump visit, economic talks

Reuters / RIYADH Saudi Arabia has been increasing its holdings of U.S. Treasury bonds by billions of dollars ahead of a visit by President Donald Trump and economic talks at which Riyadh aims to obtain investment and technology from the United States.

Saudi holdings of U.S. government bonds climbed to a one-year high of $114.4 billion in March from a low of $89.4 billion last September, the most recent data from the U.S. Treasury Department shows. Compared to 12 months ago, the Saudi holdings were almost unchanged.

That was striking because Riyadh has liquidated many of its other overseas assets over the past year to cover a budget deficit caused by low oil prices; the Saudi central bank's holdings of all types of foreign securities combined shrank by about $40 billion in the 12 months through March.

Saudi Arabia will be Trump's initial stop on his first international trip as president, signifying the new U.S. administration's intent to reinforce its relationship with a top ally in the Middle East, particularly on security matters.

Riyadh also wants close economic ties with the United States as it tries to cut its dependence on oil by diversifying its economy. During Trump's visit this weekend, dozens of senior executives and economic officials from both countries will discuss proposed investment projects in non-oil industries.

John Sfakianakis, director of the Riyadh-based Gulf Research Centre, said financial factors such as rising U.S. yields may have been behind the Saudis' Treasury buying, but it showed Riyadh's commitment to U.S. assets.

"Investment policy is based on financial returns, not political expediency - the Saudis require diversified and liquid assets. But they clearly see value in the U.S. economy and investments in the U.S.," he said.

The U.S. data showed Saudi Arabia was the 12th biggest foreign investor in Treasuries. It also suggested Riyadh's investment decisions had not been affected by last September's U.S. Congress vote allowing relatives of victims of the Sept. 11 attacks to sue Saudi Arabia.

Riyadh has long denied any involvement in the attacks and it strongly criticized the U.S. Congress vote, which could in the long term expose Saudi assets in the United States to claims for damages.

GLOBALES: Saudis boost U.S. Treasury holdings ahead of Trump visit, economic talks

Con Información de Reuters

http://entornointeligente.com/articulo/9998301/'/articulo/9998301/GLOBALES-Saudis-boost-US-Treasury-holdings-ahead-of-Trump-visit-economic-talks'

Síguenos en Twitter @entornoi

Para mas información visite: Mundinews.com


Instagram Mi Refugio online Twitter Mi Refugio Online Facebook Mi Refugio Online Pagina Web Mi Refugio Online Pagina Web Mi Refugio Online Detener Mi Refugio Online

Con FLASHAUTOLEASE.com te ayudamos con el crédito y obtienes tu carro rápidamente
http://www.flashautolease.com





Destacadas


La Noticia de Oriente / El primer vicepresidente del Psuv, Diosdado Cabello, desde programa especial con Jorge Rodríguez expresó que el mapa de Venezuela es rojo y es una realidad, "Yo me quedo...

Ads by Web24

En Smart-Reputation.com tenemos la solución para mejorar tu reputación on line.
http://www.smart-reputation.com

La Iguana TV / La ministra para los Servicios Penitenciarios, Iris Varela, aseguró este martes que la derrota del candidato oficialista a la reelección en el estado Táchira, José Gregorio Vielma Mora, se...

Ads by Web24

Smart-Reputation.com will fix your online reputation. Contact us.
http://www.smart-reputation.com

Noticias 24 / El apertura internacional irlandés Paddy Jackson (25 años, 25 sélecciones) y su compañero Stuart Olding (25 años, 4 selecciones) comparecerán ante un tribunal por violación, decidió este martes...

Ads by Web24

Our service help you to improve your online reputation
http://www.smart-reputation.com

Noticias 24 / Al menos doce policías turcos han resultado heridos en un ataque con explosivos contra un autobús de las fuerzas de seguridad en la ciudad de Mersin, en el...

Ads by Web24

Si tu nombre en Google está comprometido podemos ayudarte
http://www.smart-reputation.com
ATENCION: TODOS LOS CONTENIDOS PUBLICADOS EN ESTE SITE SON PROPIEDAD DE SUS RESPECTIVOS MEDIOS, ENTORNOINTELIGENTE NO SE HACE RESPONSABLE POR LOS CONTENIDOS DE TERCEROS. CADA NOTICIA ESTA ASOCIADA AL MEDIO DE ORIGEN.
LOS AVISOS DE GOOGLE SON PROPIEDAD DE GOOGLE Y EN NINGUN MOMENTO GUARDAN RELACION CON LA LINEA EDITORIAL DEL PORTAL ENTORNOINTELIGENTE.COM