Global economic output

IMF says global debt tops $152 trillion, urges some to spend more

The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it.

Oct 06, 2016, 14:05 PM IST

Climate policies could lift global GDP by $2.6 trillion/year: World Bank

Global economic output could rise by as much as an additional USD 2.6 trillion a year, or 2.2 percent, by 2030 if government policies improve energy efficiency, waste management and public transport, according to a World Bank report released on Tuesday.

Jun 24, 2014, 12:27 PM IST