A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.
Category: Poverty
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Nigeria Confronts its Worst Economic Crisis in a Generation
People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.
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India’s Modi, Humbled by Voters, Faces Potent Economic Struggles
With his grip on political power weakened, the Indian prime minister is confronting the same formidable challenge — how to generate hundreds of millions of jobs.
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Wall Street Lands on India, Looking for Profits It Can’t Find in China
Stock markets in Mumbai have surged as big global investors hope India can become a source of growth. It won’t be so easy.
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How Scammers Are Stealing Money From Food Stamps Recipients
Thieves are using skimmers to drain millions in food stamps and other public benefits from the neediest Americans.
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Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens
The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.
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India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
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Developers Got Backing for Affordable Housing. Then the Neighborhood Found Out.
The push from an affluent community in South Carolina to kill a plan for 60 subsidized apartments brought into public view how hard it is give low-income families access to opportunity-rich neighborhoods.
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As Medicaid Shrinks, Clinics for the Poor Are Trying to Survive
The end of a pandemic-era policy that barred states from pushing people off Medicaid is threatening the financial stability of the U.S. safety net.
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Can the Olympics Rejuvenate One of France’s Poorest Corners?
Officials hope an Olympic Village can transform a Paris suburb known for poverty and crime. But big plans have failed before.
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Are You Getting Sticker Shock From Your Electric Bills? We Want to Hear About It.
Electricity prices have increased across the country in recent years and we want to know about your bill.