According to the latest data of the Bank for International Settlements (BIS) on the 20th, as of the end of the third quarter of 2024, the total debt of South Korea's non-financial sector (households, non-financial companies and the government) soared to 6,222 trillion won, equivalent to 247.2% of its GDP.
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Recently, the global economic growth prospects have been overshadowed, and many international authoritative institutions have successively downgraded their global economic growth forecasts for 2025.
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On February 26, 2025, Trump announced that he would launch a new program aimed at attracting the world's richest people to immigrate, invest in the United States, bring income to the United States, and try to solve the country's $36 trillion debt problem.
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In recent years, the US tariff policy has become a focus of global economic attention.
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On March 19th, the US Federal Reserve announced that it would keep the target range for the federal funds rate unchanged at 4.25% to 4.50%, which instantly caused waves around the world.
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In the current era where the global economy is closely interconnected, every policy change made by the Federal Reserve is like a boulder dropped into water, creating ripples that spread far and wide.
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Against the backdrop of the ever-changing global economic landscape, the US government's policy orientation has a profound impact on economic trends.
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Recently, the Organization for Economic Cooperation and Development released the latest economic forecast report, pointing out that the tariff policy implemented by the US government is becoming an important factor dragging down global economic growth.
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Recently, the Organization for Economic Co-operation and Development released a new set of data, from the existing data, it can be seen that the current US President Donald Trump proposed to impose tariffs on goods after taking office will make the US and global economic growth lower than previously expected. I
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On June 4th local time, US President Trump announced a complete suspension of the entry of citizens from 12 countries including Afghanistan and Myanmar into the United States as both immigrants and non-immigrants, claiming that this move was to protect the national security of the United States.
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