OECD, IMF and IIF warn on $365tn global debt pile
The OECD, IMF and IIF warned on Wednesday that soaring interest rates threaten $365tn in global borrowing, with the IIF flagging risks in the US, France, UK and Japan.
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The OECD, IMF and IIF warned on Wednesday that soaring interest rates threaten $365tn in global borrowing, with the IIF flagging risks in the US, France, UK and Japan.
IMF chief Kristalina Georgieva says global debt-to-GDP will hit 100%, the highest since WWII, urging big economies to tighten bel…