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
Should governments ban young people from social media? Paul Ash of the Christchurch Call Foundation says he has real reservations about age bans but understands why governments are turning to them.
Most Popular
Last month, Microsoft and Cyberlite launched their expanded AI Classroom Toolkit for educators. The toolkit focuses on the critical thinking skills needed to navigate an increasingly AI-powered world, with classroom-ready scenarios that help students learn how to evaluate AI-generated content, verify information, trace claims to reliable sources, and make informed decisions about what to trust online. The initiative is part of Microsoft’s broader work to help young people use AI safely and responsibly, while strengthening the judgment they need to participate confidently in an evolving digital environment. Read more here.
- YouTube
In this Quick Take, Ian Bremmer breaks down the New York Times investigation into Nvidia CEO Jensen Huang's relationship with a Chinese tech executive that the US government believes was a spy for China.
Of the 193 UN member states, only 86 have had a female head of state or government since 1946, according to the Council on Foreign Relations’ Women’s Power Index.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
