Foreign investors have for the first time ever cut down on their US blocks of securities, says the US Department of the Treasury.
According to it, foreign investment in the US economy shrank by 0.4% down to $4.5 trillion in June amid the economic and political crisis in America, when the threat of default loomed large, while the Republicans and Democrats in Congress were unable to agree the raising of the debt ceiling.
Brazil, Hong Kong, the Netherlands and Russia are the biggest sellers of US government securities. Russia has reduced its block of US securities by $5.4 billion.

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