The agreement committed the Belarusian government to releasing 123 political prisoners, a significant concession from one of Europe's most entrenched authoritarian regimes. In return, Washington agreed to lift sanctions on Belarus's potash exports-sanctions it escalated after the country's rigged 2020 election and later expanded, in 2022, when Belarus allowed Russia to use its territory to invade Ukraine.
At Davos this morning, Bessent was asked how concerned he was by the notion that European investors may start selling U.S. Treasuries in response to the White House's rhetoric over Greenland. The Treasury Secretary responded: "Denmark's investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.""That is less than $100 million. They've been selling Treasuries for years, I'm not concerned at all," he added, per CNBC.