Agencies Global debt climbed to a record high of more than $365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF) that come amid mounting concerns over gl»»»

The US national debt has surpassed 40 trillion US dollars, according to data released by the Treasury Department on Wednesday. The data show that debt held by the public and intragovernmental holdings read at $32.266 trillion dollars and $7.781 trillion, respectively. Total public debt outstanding »»»