Tag: 2024
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Global Debt Hits Record High in 2024, Reaching $312 Trillion
According to the Institute of International Finance, global debt levels surged by $2.1 trillion in the first half of 2024, setting a new record of $312 trillion by the end of Q2. The rise was primarily attributed to increased borrowing by the US and China. A significant portion of this borrowing is linked to the…
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BRICS must take the path of becoming the main driver of the interests of the global majority, says expert
Speaking at the session “Expanded BRICS: New Components of Global Stability” at the Eastern Economic Forum (EEF), Dmitry Suslov, Deputy Director of the Center for Comprehensive European and International Studies at the Moscow Higher School of Economics, noted that the BRICS expansion shows the irreversibility of the formation of a multipolar world. At the same…
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