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IMF chief says U.S. and other wealthy nations must tackle rising debt

The head of the International Monetary Fund said wealthy nations, including the U.S., need to urgently address growing global debt, which hits low-income countries hardest.

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The head of the International Monetary Fund said Wednesday that the United States and other wealthy nations need to urgently address rising global debt levels.

ABC News and PBS NewsHour both report that the debt is weighing most heavily on low-income countries. PBS NewsHour adds that it is also straining the global financial system.

The reports provided give no figures, no name for the IMF chief, and no specific policy proposals.

Reported by

  1. ABC NewsIMF chief urges wealthy nations to rein in debt to ease global economic pressureWed, Oct 14, 7:24 AM EDT
  2. PBS NewsHourIMF chief urges wealthy nations to rein in debt to ease global economic pressureWed, Oct 14, 2:59 PM EDT

This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.