News about global debt, that reached a new record. For English language learners at B1-B2 level. Новость для изучающих английский язык уровня B1-B2 . Новость о мировом долге, который достиг нового рекорда.Поддержите меня, если вам нравится то, что я делаю: https://boosty.to/english117/donateИнтересные слова для запоминания / Interesting words to memorize:debt - долг quarter - квартал although - хотя interest rate - процентная ставка lent - в долг, одалживатьwent up - вырослаgrowth - рост increase - увеличение developed countries - развитые страны emerging markets - развивающиеся рынки pressure - давление government - правительство NEWS:Global debt reached a new record of 307 trillion dollars in the second quarter of 2023. It happened although interest rates were going up and banks lent less money. A report by The Institute of International Finance says that the debt keeps rising. In the first half of 2023, global debt in US dollars went up by 10 trillion. In the past ten years, it went up by 100 trillion.The report said that slower growth and lower price increases caused this increase. Most of the new debt came from developed countries like the US, Japan, Britain, and France. In emerging markets, China, India, and Brazil saw the biggest increases.The Institute of International Finance said that as rates go up and debt levels get higher, it will put more pressure on governments and people.

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