National debt of the United States
Global Debt has Reached a Record USD 233 Trillion
Global debt has grown to a record $ 233 trillion in the third quarter of 2017. That's $ 16 trillion more than at the end of 2016, according to an analysis by the Institute of International Finance, quoted by the Bulgarian National Radio.
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Greece planning new bond issue next year
Greece is planning new bond issues in 2018, according to the Finance Ministry's draft budget released on Monday, which said they will include an exchange of bonds issued under a previous debt write-down in 2012 with new ones. [Reuters]
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Developing Countries' Debt has Doubled in the Last 10 Years
Developing countries are increasingly attracting debt capital on the domestic market. The sovereign debt of developing countries rose more than double from USD 5.2 trillion in 2007 to USD 11.7 trillion by the end of 2016, according to the Bank of International Settlements (BIS), reported the Financial Times, quoted by BGNES.
Ѕtatistics Show Growth in GDP and Final Consuption
Gross Domestic Product (GDP) expanded with 3.6% in the second quarter of 2017 compared to the same quarter of the previous year and with 0.9% compared to the first quarter of 2017 according to the seasonally adjusted data by the National Statistical Institute (NSI).
The Eurostat Handbook on quarterly National Accounts defines the flash estimates as:
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Fed holds rates steady, expects portfolio cuts 'relatively soon'
The Federal Reserve kept interest rates unchanged on July 26 and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.
Calm market reaction after IMF report means Athens may tap markets this week
The calm reaction of the markets to the International Monetary Fund's stance on Greece means that the government's plans for a trial bond issue may be revived this week.
Turkey's gross external debt stock reaches $412.4 billion
Turkey's gross external debt stock stood at $412.4 billion, nearly half its gross domestic product, at the end of March, the Treasury announced on June 30.
The country's net foreign debt reached $266.7 billion at the end of March, accounting for more than 31 percent of GDP, the Treasury stated.
IIF: World's debt over three times greater than economic output
Global debt levels have surged to a record $217 trillion in the first quarter of the year. This is 327 percent of the world's annual economic output (GDP), reports the Institute of International Finance (IIF).
Greek government plays up IMF's revised budget projections
Greece on Wednesday welcomed the publication of the International Monetary Fund's (IMF) revised projections from last fall with regard to its primary budget surplus in 2017, hoping that this will strengthen its hand in negotiations with international creditors.
US debt nearly $20 trillion, every American family owns nearly $810k
BELGRADE - The United States national debt will have grown by about $9 trillion to over $19.6 trillion under President Barack Obama, according to the website USdebtclock.org.
The site tracks how much the US debt grows in real time. It shows that when Obama entered the Oval office in 2008, the national debt stood at $10.7 trillion. Thus, the increase is 86 percent.