Live news: Sony to consider spinning off financial unit just three years after $3.7bn integration

Rising market debt has hit a document excessive of over $100tn, a 3rd greater than pre-pandemic ranges, as considerations mount about monetary leverage in a world of upper rates of interest.

World debt rose by $8.3tn within the first three months of the yr to $306.3tn, the best degree because the first quarter of final yr and second-highest quarterly studying ever, in accordance with the Institute of Worldwide Finance, in its quarterly world debt monitor.

World debt is now $45tn greater than its pre-pandemic degree and is “anticipated to proceed growing quickly,” mentioned the IIF, owing to ageing populations, rising healthcare prices, greater nationwide spending on defence and substantial local weather finance gaps.

Back To Top