IMF Chief Urges Wealthy Nations to Address Rising Global Debt

• The IMF head urges wealthy nations to tackle mounting global debt levels.
• The U.S. and other wealthy nations are specifically mentioned as needing to act.
• The rising debt is most heavily impacting low-income countries.
• The situation is straining the global financial system.
• The call to action was made on Wednesday by IMF Managing Director Kristalina Georgieva.