Example collocations logo

Trillion in sentence

2031 examples of Trillion in a sentence

World foreign reserves tripled from $2.1 trillion in December 2001 to an unprecedented $6.5 trillion in early 2008, according to IMF data.
Developing countries as a whole accounted for more than 80% of global reserve accumulation during this period, and their current level of reserves approaches $5 trillion.
This pool of reserves surpasses developing countries’ immediate liquidity needs, leading to their increased creation and expansion of sovereign wealth funds, which have an additional level of assets of more than $3 trillion.
The United States Geological Survey has estimated that the Levant Basin, which extends across the Israeli, Cypriot, and Lebanese seabed, contains some 3.45 trillion cubic meters of recoverable natural gas and 1.7 billion barrels of oil.
Indeed, the United States has run four straight trillion-dollar deficits, driving the national debt to a record $16 trillion, and threatening to weaken the dollar and derail the global economic recovery.
This year’s federal budget allots $1.9 trillion – more than half of all annual federal expenditure – for health care (including Medicare, Medicaid, and veterans’ benefits), Social Security, and federal retirement.
As a result, American companies now hold abroad roughly $2 trillion in profits that have never been subject to US tax.
MGI (where one of us is a partner) foresees continued growth in the number and income of urban consumers, and predicts that 700 Chinese cities will generate $7 trillion, or 30%, of global urban consumption growth between now and 2030.
Finally, in 2015, the ECB launched its quantitative-easing program, whereby member states’ central banks bought €2.4 trillion ($2.8 trillion) worth of securities, including €2 trillion of government bonds.
Accordingly, the eurozone’s monetary base grew dramatically, from €1.2 trillion to over €3 trillion.
Fortunately, in facing the difficult adjustment challenges that lie ahead, China’s $3.6 trillion in foreign-currency reserves can serve as a buffer against unavoidable losses.
In 2008, Africa’s combined economic output reached $1.6 trillion, and consumer spending totaled $860 billion.
Obama would add $6.5 trillion to the United States’ national debt, more than all previous presidents, from George Washington to George W. Bush, combined.
A successful attack or accident at the Indian Point power plant near New York City, apparently part of Al Qaeda’s original plan for September 11, 2001, would have resulted in 43,700 immediate fatalities and 518,000 cancer deaths, with cleanup costs reaching $2 trillion.
Japan’s management of public funds – such as the Government Pension Investment Fund, which now holds about $1.2 trillion – will also undergo far-reaching change.
The G-20 leaders also agreed to recapitalize the IMF and regional development banks via an impressive $1.1 trillion package of measures to assist the poorest countries.
The Republicans’ shallow commitment to fiscal rectitude is now being exposed as they advocate massive tax cuts for corporations and billionaires that will add one and half trillion dollars to the deficit over the next decade.
Indeed, adding up all these losses in financial markets, the sum will hit a staggering $1 trillion.
For this, the US alone spent up to $3 trillion.
And rapidly rising student debt – up from $400 billion to $1.3 trillion in the US alone since 2005 – may partly be financing more intense competition for high-paid jobs, not socially required investments in human capital.
One sector that could lead the way on this commitment is the continent’s pension funds, which, together, possess a balance sheet of about $3 trillion.
America’s fiscal reality was made painfully clear two days after Obama’s speech, in a new study from the Congressional Budget Office, which revealed that the budget deficit this year will reach nearly $1.5 trillion – a sum almost unimaginable even for an economy the size of the US.
China’s $3.2 Trillion HeadacheBEIJING – While the downgrade of United States government debt by Standard & Poor’s shocked global financial markets, China has more reason to worry than most: the bulk of its $3.2 trillion in official foreign reserves – more than 60% – is denominated in dollars, including $1.1 trillion in US Treasury bonds.
There is no short-term cure for China’s $3.2 trillion problem.
But China’s $3.2 trillion problem will become a 20-trillion-renminbi problem if China cannot reduce its current-account surplus and fence off capital inflows.
And then the government needs to focus more attention on structural adjustment – the only effective cure for China’s $3.2 trillion headache.
Saudi Arabia’s Public Investment Fund (PIF), for example, is now expected to become an almost $2 trillion investment vehicle, with holdings including SOEs and financial investments.
Total capital assets of central banks worldwide amount to $18 trillion, or 19% of global GDP – twice the level of ten years ago.
The US government is now trying to repay old debt by borrowing more; in 2010, average annual debt creation (including debt refinance) moved above $4 trillion, or almost one-quarter of GDP, compared to the pre-crisis average of 8.7% of GDP.
Of course, achieving this goal, not to mention the other SDGs, will be expensive, costing an estimated $3.3-4.5 trillion per year.
BackNext