Jacob Lew – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Fri, 28 Aug 2015 11:40:39 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 China gets rid of US Treasuries https://www.eutimes.net/2015/08/china-gets-rid-of-us-treasuries/ https://www.eutimes.net/2015/08/china-gets-rid-of-us-treasuries/#comments Fri, 28 Aug 2015 11:40:39 +0000 http://www.eutimes.net/?p=40613 China sells the US Treasuries to smooth the consequences of the devaluation shock of August 11. The treasury of the country adopted selling the US Treasuries securities directly, as well as through agents in Belgium and Switzerland. The Chinese government also decided to reduce investments into the US Treasuries. The US Secretary of the Treasury […]

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]]> https://www.eutimes.net/2015/08/china-gets-rid-of-us-treasuries/feed/ 1 Bailout of General Motors cost taxpayers $10.5 billion https://www.eutimes.net/2013/12/bailout-of-general-motors-cost-taxpayers-10-5-billion/ https://www.eutimes.net/2013/12/bailout-of-general-motors-cost-taxpayers-10-5-billion/#respond Tue, 10 Dec 2013 17:59:22 +0000 http://www.eutimes.net/?p=30380 Taxpayers lost a whopping $10.5 billion on the federal government bailout of General Motors – but officials insisted another course of action would have been even worse. After selling its remaining shares of the Detroit-based automaker Monday, the US Department of the Treasury said it had recouped $39 billion of the $49.5 billion it spent […]

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]]> https://www.eutimes.net/2013/12/bailout-of-general-motors-cost-taxpayers-10-5-billion/feed/ 0 Limitless ceiling? US debt doomsday approaches https://www.eutimes.net/2013/09/limitless-ceiling-us-debt-doomsday-approaches/ https://www.eutimes.net/2013/09/limitless-ceiling-us-debt-doomsday-approaches/#respond Fri, 27 Sep 2013 22:10:58 +0000 http://www.eutimes.net/?p=29442 With the US debt ballooning to a new record of $16.7tln and the deadline to fix the ‘debt ceiling’ expiring on October 1, a default threat looms over the world’s largest economy. Experts agree the government will broaden its borrowing limit. The latest warning to Congress comes from the International Monetary Fund, who urged the […]

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