01-03-2016 11:38 via rocketnews.com

CORRECTED: Global government debt to keep rising in 2016 – S&P

(Corrects $6.899 trln 2015 figure from $6,899 trln in final paragraph)By Marc Jones LONDON (Reuters) – The United States, China, Brazil and India are expected to keep world government debt rising this year, Standard and Poor’s said on Monday, despite a small reduction in the annual global borrowing bill.The rating agency released a new report saying the stock of global government debt was expected to rise 2 percent to $42.4 trillion, with new borrowing of $6.7 trillion set to continu
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