Igor Balyuk

Contributing author

Professor at the Department of World Economy and World Finance at the Financial University under the Government of the Russian Federation, Doctor of Economics,

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Opinion

Igor Balyuk

Professor Balyuk: Russia Has Dumped US Government Debt

Professor Balyuk explains why Russia slashed its investments in US Treasury securities from $176 billion to $31 million. Sanctions risks and the surge in US government debt to 124% of GDP are forcing countries to seek alternatives.

9 Feb 20263 min read