内容摘要：In a preview of an interview with the TV show CBS Sunday Morning, Musk expressed frustration with the

In a preview of an interview with the TV show CBS Sunday Morning, Musk expressed frustration with the

Under former President Bill Clinton, there was a federal surplus – the result of favourable economic conditions such as the dot-com boom, as well as tax increases which raised more revenues.What are Treasury bills, notes and bonds?

When the US wants to borrow money, it turns to the Treasury – the finance department of the federal government.To borrow money, the Treasury sells various types of debt securities, such as Treasury bills, Treasury notes and Treasury bonds to investors.These securities are essentially loans made by investors to the US government, with a promise to repay them with interest.

US Treasuries have long been considered a safe asset because the risk of the US failing to repay its investors has been very low.Different debt securities mature over different times – this is when the debt is repaid to the investor.

Three-quarters of the $36.2 trillion US debt, approximately $27.2 trillion, is held domestically, of which:

Among individuals, Warren Buffett, through his company Berkshire Hathaway, is the single largest non-government holder of US Treasury bills, valued at $314bn.Trump’s first visit as president was to Saudi Arabia

During his first term, 2017 to 2021, Trump became the first US president to make the Middle East his first international destination, breaking with the longstanding tradition of visiting neighbouring North American countries first.His trip to Saudi Arabia from May 20 to 22, 2017 – during which he attended the Riyadh Summit – was a calculated move to bolster defence ties and secure substantial arms deals.

During that trip, Trump also visited Israel and Palestine.While Trump did not go to Qatar or the UAE during his first term, he met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Bahrain’s King Hamad bin Isa Al Khalifa and Egyptian President Abdel Fattah el-Sisi at the Riyadh Summit.