US Federal Debt will increase to $27 trillions by 2025

The US Federal Debt (also referred to as The Public Debt or The Government Debt) is the amount owed by the federal government of the United States at any time in the past and not yet repaid. America has the largest debt burden in the world, which is estimated to be $18,472 billion by the end of 2015.

Generally, there are two components of gross federal debt: debt held by the public and debt held by government accounts. In 2007 the share of US federal debt held by the public was 56% only, whereas in 2014 this component constituted approximately 72% of the total debt burden.

According to the latest forecasts, US Federal Debt is going to reach $27 trillion by 2025, with the proportion of debt held by the public constituting 78,7% of 2025 US GDP!

Oil Stock Levels in Days of Net Imports

The International Energy Agency is a Paris-based autonomous intergovernmental organization established in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on statistics about the international oil market and other energy sectors.

IEA member countries (excluding crude oil net exporters) are required to maintain total oil stock levels equivalent to at least 90 days of the previous year's net imports. As the IEA data shows, by the end of 2014 IEA members have significantly surpassed this obligation. The overall oil stocks levels for IEA member countries has exceeded 220 days of net imports, driven mainly by the enormous increase of oil stocks in the United States.

The Global Pension Index

Melbourne Mercer Global Pension Index has become an important reference point in the debate about the quality of retirement systems around the world. While some countries have well-established retirement systems that have stood the test of time, others are just developing, especially those within the Asian region. The main goal of the Index is to provide additional information for policy makers to struggle with the competing needs of an ageing population and achieving an appropriate fiscal balance.

The overall index value for each country represents the weighted average of the three sub-indices: adequacy, sustainability and the integrity.