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Global debt is at historic highs and governments should start cutting levels now, the IMF says

  • Global debt levels came in at $164 trillion in 2016, a historic peak, the IMF said.
  • Advanced economies had higher debt levels compared to GDP than low-income economies, the organization said.
  • Separately, the IMF also stated that short-term financial stability risk had increased.

OTHER NEWS

Trump is asking for a recession if ‘he doesn’t resolve China,’ strategist says

7/01/2019, 9:08 PM

In early December, the U.S. and China agreed to a temporary 90-day ceasefire to allow their negotiating teams to come up with an agreement on trade practices. They have given themselves until March to do so. However, in case they fail to reach a deal, a strategist believes it would spark a recession.

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Trung Quốc bác tin muốn mua thêm 200 tỷ USD hàng hóa Mỹ

18/05/2018, 4:33 PM

Bộ Ngoại giao Trung Quốc khẳng định nước này không có ý định giảm 200 tỷ USD thặng dư thương mại với Mỹ như truyền thông đưa tin.

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