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    $29 Trillion: That’s How Much Debt Emerging Nations Are Facing

    A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.The Vatican’s meeting on the global debt crisis last week was not quite as celebrity-studded as the one that Pope John Paul II presided over 25 years ago, when he donned sunglasses given to him by Bono, U2’s lead singer.But the message that the current pope, Francis, delivered this time — to a roomful of bankers and economists instead of rock stars — was the same: The world’s poorest countries are being crushed by unmanageable debt and richer nations need to do more to help.Emerging nations are contending with a staggering $29 trillion in public debt. Fifteen countries are spending more on interest payments than they do on education, according to a new report from the United Nations Conference on Trade and Development; 46 spend more on debt payments than they do on health care.Unmanageable debts have been a recurring feature of the modern global economy, but the current wave may well be the worst so far. Overall, government debt worldwide is four times higher than what it was in 2000.Government overspending or mismanagement is one cause, but global events out of most nations’ control have pushed their debt problems into overdrive. The Covid-19 pandemic slashed business profits and worker incomes at the same time health care and relief costs were increasing. Violent conflicts in Ukraine and elsewhere contributed to rising energy and food prices. Central banks raised interest rates to combat soaring inflation. Global growth slowed.Pope Francis earlier this week in Rome.Fabio Frustaci/EPA, via ShutterstockWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    In India’s Election, Democracy Lives On

    Back in January, when Prime Minister Narendra Modi of India looked all but unstoppable, he visited the small city of Ayodhya for the unofficial start of his campaign to win a third term. The location was freighted with symbolism. For decades, Hindu nationalists had sought to build a temple in Ayodhya, at a spot they believe to be the birthplace of the Hindu god Ram. The only problem was that there was already a house of worship on the spot, a mosque built by a Mughal emperor in 1528. A Hindu mob had dismantled the mosque in 1992, setting off riots that killed 2,000 people, most of them Muslims. The ruins were a flashpoint of religious tensions in India for decades.Modi and his Bharatiya Janata Party promised to build the temple, and the lavish event at which Modi officially opened it was a showcase for that achievement. At the time it seemed like strong election-year messaging for a politician who built his career on the twin planks of Hindu nationalism and building a muscular new India. Unlike other politicians, the event implied, Modi made promises and kept them.“It is the beginning of a new era,” he declared.Feeling supremely confident, Modi had boldly asked the Indian electorate for something akin to a blank check to remake the country — control of 400 seats in Parliament in elections that began in April and concluded on June 1. And why shouldn’t he have been confident? India’s economy was the fastest-growing in the world. India had overtaken China as the world’s most-populous country. World leaders sought Modi’s support on issues ranging from the war in Ukraine to the climate crisis, cementing India’s ascent in global affairs.But the ever unpredictable electorate of the world’s largest democracy responded to Modi’s demand for still more power resolutely: No thanks.In a stunning rebuke, election results released on Tuesday showed that India’s voters have reduced the parliamentary share of Modi’s party by more than 60 seats, not enough for an outright majority, never mind the supermajority he had sought.It struck me as particularly apt that despite all the fanfare about the glorious new temple in Ayodhya, Modi’s party lost the city’s parliamentary seat to a political opposition that had been all but left for dead.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Climate Challenges That India’s Next Government Will Face

    India, the world’s most populous country, is also among the most vulnerable to climate hazards. That’s not only because of the heat and floods that global warming has exacerbated, but also because so many of the country’s 1.4 billion people are vulnerable to begin with. Most people are poor, by global standards, and they have no safety net.Early election results Tuesday signaled that the party led by Narendra Modi, the two-term Hindu nationalist Indian prime minister, is poised to win the largest number of seats in the Indian Parliament but may have to join with smaller parties to form a coalition government.That government will face major challenges brought on by climate change.Heat is now an election issue, literally.The six-week process of voting took place amid a scorching heat wave in several parts of the country. In the northern states of Bihar and Uttar Pradesh, at least 33 people, including poll workers, died of complications from the heat last week, according to government authorities cited by Reuters.Rohit Magotra, deputy director of Integrated Research and Action for Development, called on national election officials to reschedule elections in the future to avoid such calamities. He pointed out that workers from every political party suffer in the heat, and so do voters, who often have to line up under the sun.“I definitely see the momentum building up, and elections are unlikely to be scheduled in peak summer in future,” said Mr. Magotra, whose organization has advocated heat solutions in Indian cities.The Election Commission this year did set up a task force to monitor weather conditions, but only after voting got underway amid abnormally high temperatures. It also sent election workers a list of heat precautions prepared by the National Disaster Management Agency. However, according to a report published in Scroll, an Indian news site, political-party campaigners were not told to do anything differently because of the heat.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Another Red-Blue Divide: Money to Feed Kids in the Summer

    The governor was firm: Nebraska would reject the new federal money for summer meals. The state already fed a small number of children when schools closed. He would not sign on to a program to provide all families that received free or cut-rate school meals with cards to buy groceries during the summer.“I don’t believe in welfare,” the governor, Jim Pillen, a Republican, said in December.A group of low-income youths, in a face-to-face meeting, urged him to reconsider. One told him she had eaten less when schools were out. Another criticized the meals at the existing feeding sites and held a crustless prepackaged sandwich to argue that electronic benefit cards from the new federal program would offer better food and more choice.“Sometimes money isn’t the solution,” the governor replied.A week later, Mr. Pillen made a U-turn the size of a Nebraska cornfield, approving the cards and praising the young people for speaking out.“This isn’t about me winning,” he said. “This is about coming to the conclusion of what is best for our kids.”After meeting with young people, Gov. Jim Pillen of Nebraska reversed himself and accepted federal money for summer meals.Kenneth Ferriera/Lincoln Journal Star, via Associated PressMr. Pillen’s extraordinary reversal shows the conflicts shaping red-state views of federal aid: needs beckon, but suspicions run high of the Biden administration and programs that critics call handouts.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    What Really Causes Poor Performance in School

    More from our inbox:Becoming a Republican to Vote Against TrumpCountering Propaganda From the Fossil Fuel Industry Wayne Miller/MagnumTo the Editor:Re “We’re Not Battling the School Issues That Matter,” by Nicholas Kristof (column, March 7):I completely agree with Mr. Kristof’s column. The situation is serious, not only for education but also for our embattled democracy.I would like to add some nuance. I have been working on a state-by-state analysis of the possible influence of racism, specifically anti-Black racism, on educational achievement.What I have found so far indicates that some children are taught quite well: those in private schools, of course; Asian American children (particularly those whose families are from India); white children of families prosperous enough to be ineligible for the National School Lunch Program; children of college-educated parents; and Hispanic children who are not English-language learners.Some students are in groups that are not likely to be taught to read effectively: Native Americans, children who are poor enough to be eligible for the National School Lunch Program and Black children.None of this will be news to Mr. Kristof. What is surprising to me is the sheer extent and arbitrary nature of the failure by school authorities. Almost everywhere that urban schools, in particular, are failing, socioeconomically similar children are being taught much more effectively in the nearest suburban districts.Part of the reason is money: Per-student expenditure is associated with educational achievement.But part of the problem — most of it — is a matter of administrative decisions: placing the best teachers in schools with the “best” students; equipping schools, in effect, in accordance with parental income; offering more gifted and talented classes to white students — all the perhaps unconscious manifestations of everyday racism.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Ambani Wedding Event Signifies the Rise of the Oligarch in Modi’s India

    Rihanna, Mark Zuckerberg, bejeweled elephants and 5,500 drones. Those were some of the highlights of what is likely the most ostentatious “pre-wedding” ceremony the modern world has ever seen.On a long weekend in early March, members of the global elite gathered to celebrate the impending nuptials of the billionaire business titan Mukesh Ambani’s youngest son, Anant, and Radhika Merchant. Monarchs, politicians and the ultrawealthy, including Bill Gates and Ivanka Trump, descended on an oil refinery city in the western Indian state of Gujarat for an event so extravagant you’d be forgiven for thinking it was, well, a wedding. But that will take place in July. For the long windup to the big day, some of Bollywood’s biggest stars, though invited as guests, took to the stage to sing and dance in what amounted to a bending of the knee to India’s most powerful family.Watching the event, I couldn’t help thinking of the 1911 durbar, or royal reception, when King George V was proclaimed emperor of India. Once India won its independence from Britain in 1947, it committed itself to becoming a democratic welfare state — an audacious experiment that resulted in what is now the world’s largest democracy. But in advance of this year’s general election, expected to begin in April, the Ambani-Merchant matrimonial extravaganza shows us where true power in India now lies: with a handful of people whose untrammeled wealth and influence has elevated them to the position of India’s shadow leaders.It’s difficult to imagine the Ambani-Merchant wedding event in an India that isn’t ruled by Prime Minister Narendra Modi. It’s true that the Ambanis have been wealthy for years now and that accusations of favorable treatment from government authorities are not unique to this family or the Modi government. But no other prime minister in India’s history has been so openly aligned with big business, and never before has the concentration of wealth been more apparent. India’s richest 1 percent now own more than 40 percent of the country’s wealth, according to Oxfam. The country has the world’s largest number of poor, at 228.9 million. And according to a newly published study looking at 92 low- and middle-income countries, India had the third-highest percentage of “zero food” children — babies between 6 months and 23 months old who had gone a day or more without food other than breast milk at the time they were surveyed. Oxfam has described this new India as the “survival of the richest.”For the uberwealthy, this presents a no-holds-barred opportunity to exert their power and influence. In 2017, Mr. Modi introduced a fund-raising mechanism called “electoral bonds” to allow unlimited anonymous donations to political parties. In the five years that followed, the prime minister’s Bharatiya Janata Party received $635 million in contributions through such bonds, 5.5 times as much as its closest rival, the Congress Party. The 2019 Indian general elections cost $8.6 billion, surpassing the estimated $6.5 billion spent on the 2016 U.S. presidential and congressional elections.Analysis by three independent media organizations in India published on March 14 revealed that a company called Qwik Supply Chains purchased bonds in the scheme worth $50 million. One of the company’s three directors, reporters later uncovered, is also a director at several subsidiaries of Reliance, Mukesh Ambani’s mega-firm. A spokesperson for Reliance said that Qwik is not a Reliance subsidiary and did not respond to further questioning from Reuters. The Indian Supreme Court has since struck down the electoral bond mechanism, calling it unconstitutional, but the delay in addressing the matter has most likely come too late to change the outcome of the forthcoming election, which is widely considered all but certain to go in Mr. Modi’s favor.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Global Warming Is Particularly Bad for Women-Led Families, Study Says

    New U.N. research shows that climate change disproportionately erodes income in households led by women in poorer countries. But there are ways to fix it.Extreme heat is making some of the world’s poorest women poorer.That is the stark conclusion of a report, released Tuesday, by the United Nations Food and Agriculture Organization, based on weather and income data in 24 low- and middle-income countries.The report adds to a body of work that shows how global warming, driven by the burning of fossil fuels, can magnify and worsen existing social disparities.What does the report find?The report concludes that while heat stress is costly for all rural households, it is significantly more costly for households headed by a woman: Female-headed households lose 8 percent more of their annual income compared to other households.That is to say, extreme heat widens the disparity between households headed by women and others. That’s because underlying disparities are at play.For instance, while women depend on agricultural income, they represent only 12.6 percent of landowners globally, according to estimates by the United Nations Development Program. That means women-headed households are likely to lack access to essential services, like loans, crop insurance, and agricultural extension services to help them adapt to climate change.The report is based on household survey data between 2010 and 2020, overlaid with temperature and rainfall data over 70 years.The long-term effect of global warming is also pronounced. Female-headed households lose 34 percent more income, compared to others, when the long-term average temperature rises by 1 degree Celsius.The average global temperature has already risen by roughly 1.2 degrees Celsius since the start of the industrial age.Flooding similarly suppress the incomes of female-headed households more than it does other kinds of households, according to the report, but to a lesser degree than heat.“As these events become more frequent, the impacts on peoples’ lives will deepen as well,” said Nicholas Sitko, an economist with the Food and Agriculture Organization and the lead author of the report.Why does it matter?There’s been growing attention in recent years to the disproportionate harms of extreme weather, sometimes aggravated by climate change, on low-income countries that produce far less greenhouse gas emissions, per person, than wealthier, more industrialized countries.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Ferguson, Mo., Agrees to Pay $4.5 Million to Settle ‘Debtors’ Prison’ Suit

    A federal judge gave the settlement preliminarily approval nearly a decade after a class-action lawsuit accused the city of wrongfully jailing plaintiffs for traffic tickets and other minor offenses.The City of Ferguson, Mo., has agreed to pay $4.5 million to settle a federal lawsuit that accused it of violating the constitutional rights of thousands of people who said they were jailed without due process because they could not pay fines.The lawsuit was filed in 2015 amid protests over the killing of Michael Brown, an unarmed Black teenager, by a white Ferguson police officer. It accused the city of jailing the plaintiffs in “deplorable” conditions simply because they could not pay debts owed for traffic tickets or other minor offenses.“They were threatened, abused, and left to languish in confinement,” lawyers for the plaintiffs argued in the suit, noting that these conditions lasted until families could produce enough cash for bail, or until jail officials decided to let them out.On Tuesday, ArchCity Defenders, the nonprofit group in St. Louis that filed the suit, said in a statement that checks would be sent to more than 15,000 people who were jailed by the city between Feb. 8, 2010, and Dec. 30, 2022, and that the amount would depend on the number of hours each of them had spent in jail.David Musgrave, Ferguson’s assistant city manager, said in an email on Thursday that the city would not comment “while the settlement agreement is pending final approval by the Court.”Mr. Musgrave directed further questions to the city’s lawyers, one of whom, Apollo Carey, declined to comment. Another lawyer did not immediately respond to an email and call. Neither the mayor nor the Ferguson Police Department could be reached for comment on Thursday evening.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More