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,
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,
OpinionProfessor 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.