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Russia Says Will Cut Holdings of U.S. Securities Amid Sanctions

2 days ago2 views

wochit

Wochit

According to Reuters, Russia will further decrease its holdings of U.S. securities in response to new sanctions against Moscow. Accoridng to Finance Minister Anton Siluanov , Russia has no plans to shut down U.S. companies in Russia. On Friday, Prime Minister Dmitry Medvedev said Russia would regard any U.S. move to curb the activities of its banks as a “declaration of economic war” and would take retaliatory action.

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