Trillion
in sentence
2031 examples of Trillion in a sentence
Japan, China, and other export-oriented East Asian economies are indeed eager to keep the value of the dollar relatively high, and their central banks have piled up close to $2
trillion
in dollar-denominated assets.
Between 2008 and 2011, EU taxpayers granted banks €4.5
trillion
in loans and guarantees.
(American companies are currently sitting on nearly $2
trillion
in offshore funds that should finally be taxed.)
With US federal deficits rising toward $1
trillion
a year, the issue is becoming cripplingly urgent.
Moreover, the economic impact of “superbug” outbreaks could top $100 trillion; low-income countries would suffer disproportionately.
Over the course of this century, the ideal EU policy would cost more than $7 trillion, yet it would reduce the temperature rise by just 0.05oC and lower sea levels by a trivial nine millimeters.
New research by the McKinsey Global Institute (MGI) shows that spending by Africa’s consumers and businesses already totals $4
trillion.
By 2025, private spending could reach $5.6
trillion
– $2.1
trillion
by households, and $3.5
trillion
by businesses.
We believe that Africa can almost double its manufacturing output, to nearly $1 trillion, by 2025, with about 75% of that growth tied to production for local markets.
The business-intelligence publication MEED estimates that the value of projects that are planned or underway is nearing $2.46
trillion
– more than 150% of these countries’ combined GDP (up from 128% a year ago).
With US budget deficits likely to widen by at least $1
trillion
over the next ten years, owing to the recent tax cuts, pressures on domestic saving will only intensify.
The EU is the world’s largest economy, with annual GDP of more than €15.5
trillion
($21.3 trillion), and its greatest trading power, accounting for 20% of world trade.
To ease trade frictions, unlike Japan’s voluntary export restraints, China’s leaders have promised to increase imports and open up the domestic market, with President Xi Jinping predicting $8
trillion
worth of merchandise imports within the next five years.
China imported $2
trillion
worth of goods in 2017, of which consumer goods accounted for only 8.8%.
Indeed, the surplus in developing Asia, Japan, and the Middle East soared from less than $200 billion in 2001 to more than $1
trillion
in 2008, while the deficit of the US and the European Union rose from $425 billion to more than $900 billion.
The Chinese have $2
trillion
in hard currency reserves to back up their promise.
President Barack Obama’s new budget calls for a stunning $1.75
trillion
deficit in the United States, a multiple of the previous record.
They are also dependent on large quantities of wholesale debt – totaling €4.9
trillion
(27% of total eurozone loans), with €660 billion maturing in the next two years – to fund low-yielding assets.
For example, French banks’ risk-weighted assets are €2.2 trillion, against a capital base of €167 billion – just above the 7.5% ratio established by the international Basel 2 rules.
But, once risk weights are removed, assets balloon to €8.1
trillion
(roughly 400% of GDP), and the equity-to-asset ratio plummets to 2%.
Finally, the ESM cannot be considered on its own, but must be seen in the context of the total exposure amount, which includes the €1.4
trillion
in bailout funds that have already been granted.
In particular, the Target2 credit drawn by the crisis-afflicted countries’ central banks, which already totals almost €1 trillion, should also be taken into consideration.
In 2014, exports from the eurozone amounted to nearly €2
trillion
($2.6
trillion
at the time) – more than those from China.
In any case, with exports accounting for only one-fifth of the eurozone’s €10
trillion
economy, they are unlikely to spur a strong recovery while domestic demand remains weak.
One estimate suggests that a 50% reduction in the value of peripheral countries’ sovereign debt (reasonable for Greece, but high for the others) would cause about $3
trillion
in losses, overwhelming the capital of European banks.
Scaled to today’s economy, assets worth $1.25
trillion
were sold off, with 80% of the value recovered.
For almost $20 trillion, temperatures by the end of the century will be reduced by a negligible 0.05ºC.
The ECB also bought long-term bonds for its portfolio, increasing the volume of its holdings from €2.2
trillion
($2.6 trillion) in 2014 to more than double that amount now.
President-elect Bush talks about his $1.3
trillion
tax cut proposal as an “insurance policy” against recession.
In recent years, countries around the world have accumulated very large volumes of foreign exchange, topped by China with more than $2 trillion, but including hundreds of billions of dollars held by Korea, Taiwan, Singapore, India, and the oil-producing countries.
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