
Global Debt Reaches Record High, Nations Face Repayment Challenges
Global debt has surpassed a staggering $313 trillion, with some nations facing growing difficulties in repaying their obligations, according to a recent study. Debt Surges: Global debt surged by $15 trillion from Q4 2022 to Q4 2023, as reported by Reuters, citing the Institute of International Finance (IIF). Over the past decade, global debt has…