The Organisation for Economic Cooperation and Development (OECD) has released its Global Debt Report for 2025, and the conclusion is that the world is practically drowning in debt at record levels. As European nations pledge to boost their defence spending in the face of a new transatlantic security reality, and as burgeoning trade wars threaten to raise prices faster, are countries able to achieve growth while keeping borrowing in check? FRANCE 24’s Yuka Royer speaks to Carmine Di Noia, the OECD’s Director for Financial and Enterprise Affairs.
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