Trillion
in sentence
2031 examples of Trillion in a sentence
While the sums involved are very large – a total of about €2
trillion
($2.44 trillion) so far – the real impact is minor.
France has not adopted a balanced budget in the last 30 years, and its public debt reached an unsustainable €1.7
trillion
($2.2 trillion) in 2011.
Over the same period, according to current projections, the region’s GDP will triple, from $1.8
trillion
to $6.1 trillion, while trade will increase fivefold, from $881 billion to $4.7
trillion.
A coordinated initiative to facilitate trade within the Red Sea region would have a significant impact on future development, boosting GDP by about 10% to $6.6
trillion
and increasing trade by nearly 35% to $6.3 trillion, according to research commissioned by King Abdullah Economic City.
Right now, US inventories held by manufacturers, wholesalers, and retailers are valued at around $1.7
trillion
– or about 10% of annual GDP.
A recession twice as deep as the one we have had would have cost the US roughly $2
trillion
– and cost the world as a whole four times as much.
For that price, American taxpayers will get an extra $1
trillion
of goods and services, and employment will be higher by about ten million job-years.
He exaggerated a bit: it is £1.7
trillion
($2.2 trillion).
Last year, one out of every six dollars of assets under professional management in the United States – a total of $6.6
trillion
– was allocated toward some form of sustainable investment, especially public equities.
Some 1,260 companies, managing $45
trillion
worth of assets, are signatories of the United Nations’ “principles for responsible investment,” which recognize environmental, social, and governance (ESG) factors – and thus the long-term health and stability of companies and markets – as critical to investors.
More than 2,800 participants – including companies with market capitalization totaling $11
trillion
and investors with $23.4
trillion
in assets under management – have been involved in the SASB process.
In fact, if the current trajectory is not slowed or reversed, by 2050 some ten million people could succumb to drug-resistant diseases every year, costing the global economy $100
trillion.
Over a decade, that implies nearly $2
trillion
in additional revenue without any increase in tax rates from today’s levels.
The Trump plan concedes that the tax cut per se would reduce revenue by at least $2.6
trillion
over ten years – and its authors are willing to cite the non-partisan Tax Foundation on this point.
My assessment is that Trump would run up much more than $2.6
trillion
in new debt.
At that point, an estimated $100
trillion
in global GDP will already have been lost.
So, if the West ignores the Middle East or addresses the region’s problems only through military means (the US has spent $2
trillion
in its Afghan and Iraqi wars, only to create more instability), rather than relying on diplomacy and financial resources to support growth and job creation, the region’s instability will only worsen.
This gap represents €1.2
trillion
($1.4 trillion) from 2010-2018, or approximately €500 billion lost in terms of tax revenue.
In fact, they amassed far more than they needed – $6.5 trillion, at last count – effectively becoming over-insured against external balance-of-payments shocks.
In that sense, although China, with its $3.5
trillion
stock of foreign-exchange reserves, may seem to exemplify emerging economies’ tendency to be over-insured against external risks, it actually faces the same credit risks as its counterparts.
The public losses are massive in comparison: roughly $6 trillion, if we limit ourselves just to the increase in federal government debt.
To be sure, with more than $3
trillion
in foreign reserves and an established – albeit not entirely successful – system to manage its exchange rate, China has enough financial and monetary leverage to bring the US economy to its knees.
At the business level, more than 700 companies with a total market capitalization of over $16
trillion
have made far-reaching climate commitments, according to the We Mean Business Coalition.
Since 2001-2002, the pharmaceutical sector has spent $1.1
trillion
on research and development, but the 12 largest companies have received regulatory approval for only 139 new molecular compounds.
That gap – between actual and potential output – is estimated at more than 7% of GDP (more than $1 trillion).
At the end of 2015, the combined net asset position of China, Hong Kong, Japan, Korea, Singapore, and Taiwan amounted to $7.3
trillion
– almost exactly equivalent to the net international investment liability of the US.
In fact, the US’s net liabilities have grown lately – to $7.8
trillion
at the end of September 2016 – owing largely to its continuing current-account deficit and stronger exchange-rate effects.
But, thanks to the appreciation of foreign holdings of Japanese equities, the country’s net international asset position actually deteriorated, from a peak of $3.8
trillion
at the end of 2012 to $2.8
trillion
at the end of 2015.
Locked in a war that has already cost nearly $1 trillion, the US has now shifted its focus to making peace with the enemy.
But according to an estimate by the non-profit Global Financial Integrity group, $1
trillion
vanishes from the developing world’s economies every year.
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