{"id":5900,"date":"2021-09-15T15:14:27","date_gmt":"2021-09-15T15:14:27","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/global-debt-hits-record-296trn-as-world-lockdowns-ease"},"modified":"2021-09-15T15:18:12","modified_gmt":"2021-09-15T15:18:12","slug":"global-debt-hits-record-296trn-as-world-lockdowns-ease","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease","title":{"rendered":"Global debt hits record $296trn as world lockdowns ease"},"content":{"rendered":"

Africa-Press<\/a> – Mozambique<\/a>. <\/strong><\/span>Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued borrowing heavily to revive pandemic-battered economies.<\/p>\n

The amount of the world\u2019s outstanding debt swelled during the three months by about $4.8 trillion to a record $296 trillion, according to a report by the Institute of International Finance.<\/p>\n

The increase was led by households that added added $1.5 trillion of debt during the first half of the year, driven by the U.S., China and Brazil, with home buyers tapping into low interest rates and stepping up spending as countries emerged from lockdowns. Meantime, government and corporate debts increased by $1.3 trillion and $1.2 trillion, respectively, over the six-month period.<\/p>\n

At the same time, the amount of debt relative to the size of the global economy declined for the first time since the onset of the pandemic as growth rebounded. The total debt load stood at about 353% of the world\u2019s annual economic output, a nine-percentage-point drop from the peak during the first three months of 2021.<\/p>\n

\u201cThe recovery has not been strong enough to bring debt ratios below pre-pandemic levels in most cases,\u201d Emre Tiftik, the director of sustainability research at the IIF, wrote in the report. Excluding the financial sector, only Mexico, Argentina, Denmark, Ireland and Lebanon have a debt-to-GDP ratio below their pre-pandemic level, the report found.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued borrowing heavily to revive pandemic-battered economies. The amount of the world\u2019s outstanding debt swelled during the three months by about $4.8 trillion to a record $296 trillion, according to a report by the Institute […]<\/p>\n","protected":false},"author":84,"featured_media":5899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,761,762,283],"class_list":["post-5900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-debt","tag-lockdowns","tag-mozambique"],"yoast_head":"\nGlobal debt hits record $296trn as world lockdowns ease - Mozambique<\/title>\n<meta name=\"description\" content=\"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global debt hits record $296trn as world lockdowns ease\" \/>\n<meta property=\"og:description\" content=\"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-15T15:14:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-15T15:18:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global debt hits record $296trn as world lockdowns ease\",\"datePublished\":\"2021-09-15T15:14:27+00:00\",\"dateModified\":\"2021-09-15T15:18:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\"},\"wordCount\":234,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"debt\",\"lockdowns\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\",\"name\":\"Global debt hits record $296trn as world lockdowns ease - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg\",\"datePublished\":\"2021-09-15T15:14:27+00:00\",\"dateModified\":\"2021-09-15T15:18:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg\",\"width\":720,\"height\":415,\"caption\":\"Global debt hits record $296trn as world lockdowns ease\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global debt hits record $296trn as world lockdowns ease\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Global debt hits record $296trn as world lockdowns ease - Mozambique","description":"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease","og_locale":"en_US","og_type":"article","og_title":"Global debt hits record $296trn as world lockdowns ease","og_description":"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-09-15T15:14:27+00:00","article_modified_time":"2021-09-15T15:18:12+00:00","og_image":[{"width":720,"height":415,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Global debt hits record $296trn as world lockdowns ease","datePublished":"2021-09-15T15:14:27+00:00","dateModified":"2021-09-15T15:18:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease"},"wordCount":234,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg","keywords":["Africa Press","Africa Press-Mozambique","debt","lockdowns","Mozambique"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease","url":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease","name":"Global debt hits record $296trn as world lockdowns ease - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg","datePublished":"2021-09-15T15:14:27+00:00","dateModified":"2021-09-15T15:18:12+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Global debt loads surged during the second quarter as households seized on low mortgage rates and governments continued ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/09\/img-61420e6ed30bf.jpg","width":720,"height":415,"caption":"Global debt hits record $296trn as world lockdowns ease"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/economy\/global-debt-hits-record-296trn-as-world-lockdowns-ease#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Global debt hits record $296trn as world lockdowns ease"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/5900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=5900"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/5900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/5899"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=5900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=5900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=5900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}