Finance News

Finance News
Record $307 Trillion Global Debt Puts World Economy on Alert
Global debt surged to $307 trillion in 2023, a $10 trillion increase that has economists worried about its effects on the world economy and the risk of a financial crisis. A new IIF report points out that mainly mature markets like the US and the UK are responsible for this rise, but developing countries are also seeing increases in debt. What's next for the world economy?

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