Rosneft head: US’s bloated national debt threatens Asia-Pacific nations ...Middle East

ST PETERSBURG: The United States’ bloated national debt is looming over its main holders, namely Asia-Pacific nations, Rosneft head Igor Sechin said on Saturday at the St Petersburg International Economic Forum (SPIEF), reported Sputnik.“Who are the main holders of the US debt? They are under threat. They are facing the main risks. And, of course, the [Asia-Pacific] countries are at risk,“ Sechin said in his keynote address at the energy panel.He noted that the US national debt has jumped tenfold over the past 30 years, from US$3 trillion to more than US$31 trillion, which is twice the rate of the country’s economic growth. The cost of servicing the debt may reach US$1 trillion a year, an eq

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Rosneft head: US’s bloated national debt threatens Asia-Pacific nations ...Middle East

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