May 19, 2020
The head of the IMF has already warned that the state of the global economy is "worse than our already pessimistic projections." But while the pandemic is taking a huge economic toll on every country in the world, many emerging-market economies, which currently owe a collective $8.4 trillion in foreign debt, face a particularly grim tradeoff between paying their bondholders or funding their hospitals. Even before the coronavirus crisis, 64 countries spent more money annually servicing their external debt payments than they did on healthcare. Now, the global health emergency is taxing their underfunded healthcare systems, complicating attempts to contain the virus. Many countries have already pleaded for emergency debt relief. Here's a look at the countries that spend more on annual debt servicing than on healthcare.
More For You
- YouTube
In his latest Quick Take, Ian Bremmer examines the collapse of US-Canada trade talks and what it reveals about President Trump’s growing political vulnerability.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Check out the latest swag from the official Puppet Regime merchandise store! Browse an array of products that will show the world you are a devoted subject of the Regime, including: A big, beautiful mug for drinking coffee very strongly, A handsome tote bag to carry your favorite classified documents, Collectible stickers, Stylish t-shirts and hoodies – now also available in pink. We ship worldwide! Shop now at shop.puppetregime.tv!
Zhuque-3 rocket by China’s private rocket firm LandSpace, takes off from the Jiuquan Satellite Launch Center, China, December 3, 2025
LandSpace/Handout via REUTERS
Chinese aerospace company LandSpace successfully recovered the first stage of a rocket on land for the first time on Wednesday, marking a major step toward reusable rockets.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
