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Global debt reaches $365 trillion as interest bill climbs, according to Al Jazeera

The cost of paying interest is going up. France is now charged more to borrow than both Italy and Greece…

a calculator, pen, and money on a table
Photo: Sasun Bughdaryan / Unsplash

Global debt has reached $365 trillion, according to Al Jazeera, and the cost of paying interest on it is going up. The world's debt stands at $365 trillion while the interest bill climbs.

Protests in Europe have drawn attention to the pressure that borrowing costs are putting on governments. France is now charged more to borrow than both Italy and Greece.

Sources

  1. Al Jazeera: The world is $365 trillion in debt, and the interest bill is climbing

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