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.
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Microsoft recently published its latest Global AI Diffusion Report, showing continued growth in AI usage worldwide. In the first quarter of 2026, global usage increased from 16.3% to 17.8%, with 26 economies now exceeding 30% adoption. As adoption expands, regional gaps are also becoming clearer. The report highlights faster growth in parts of Asia and a widening divide between the Global North and South. It also points to advances like multilingual AI and coding capabilities, driving increased usage and software development globally. Read the full blog here.
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AI is now embedded across the US military's targeting process, from identifying objects to speeding up strike decisions. Bloomberg defense tech reporter Katrina Manson on what that looks like from the inside.
For decades, Beijing has successfully pushed countries to cut diplomatic ties with Taipei.
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