Global government debt to keep rising in 2016 - S&P

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 continue to outstrip the amounts being repaid. U.S. borrowing is expected to increase 8