Global Debt Increases To Near-Record Highs – $305 Trillion
The global debt increased by $8.3 trillion in the first quarter of the year to a near-record high of $305 trillion amid an aggressive tightening of monetary policy by central banks, the Institute of International Finance (IIF) has revealed. According to its quarterly Global Debt Monitor (GDM) report on Wednesday, the reading is the highest since the first quarter of[Read More…]