Friday, 13 March 2009

China’s Leader Says He Is ‘Worried’ Over U.S. Treasuries
The Chinese premier Wen Jiabao expressed concern on Friday about the safety of China’s $1 trillion investment in American government debt, the world’s largest such holding, and urged the Obama administration to provide assurances that its investment would keep its value in the face of a global financial crisis.

• Switzerland loosens banking privacy