Over the past 50 years, the share of US debt held by foreign entities has increased fivefold. In 1970, only 5 percent was owned by overseas investors; today, that figure has risen to 25 percent.
Limakumzak Walling, a 40-year-old farmer, recalled how his late father was one of the first to grow Arabica coffee in 1981 on a two-acre farm on their ancestral land in Mokokchung district’s Khar village. “During my father’s time, they used to cultivate it, but people didn’t find the market,” he said. “It was more of a burden than a bonus.”Before the Nagaland government took charge of coffee development, the Coffee Board would buy produce from farmers and sell it to buyers or auction it in their headquarters in Bengaluru, Karnataka. But the payments, said Walling, would be made in instalments over a year, sometimes two. Since he took over the farm, and the state department became the nodal agency, payments are not only higher but paid upfront with buyers directly procuring from the farmers.
Still, profits aren’t huge. Walling makes less than 200,000 rupees per annum (roughly $2,300) and like most farmers, is still engaged in jhum cultivation, the traditional slash-and-burn method of farming practised by Indigenous tribes in northeastern hills. With erratic weather patterns and decreasing soil fertility in recent decades, intensified land use in jhum cultivation has been known to lead to further environmental degradation and greenhouse gas emissions, exacerbating climate change.“Trees are drying up and so is the mountain spring water,” Walling told Al Jazeera, pointing at the evergreen woods where spring leaves were already wilting in March, well before the formal arrival of summer. “Infestation is also a major issue and we don’t use even organic fertilisers because we are scared of spoiling our land,” he added.And though the state government has set up some washing stations and curing units, many more are needed for these facilities to be accessible to all farmers, said Walling, for them to sustain coffee as a viable crop and secure better prices. “Right now we don’t know the quality. We just harvest it,” he said.
Dipanjali Kemprai, a liaison officer who leads the Coffee Board of India operations in Nagaland, told Al Jazeera that the agency encourages farmers to grow coffee alongside horticultural crops like black pepper to supplement their income. “But intercropping still hasn’t fully taken off,” said Kemprai.Meanwhile, despite the state’s efforts to promote sustainable agriculture, recent satellite data suggests that shifting cultivation, or jhum, may be rising again.
The future of Naga coffee
Though it is the seventh-largest producer of coffee, India is far behind export-heavy countries like Brazil, Vietnam, Colombia and Italy.Trump’s favourable view of cryptocurrency and his family’s heavy involvement in the industry is raising concerns about the integrity of Trump’s administration and how he is using his influence as president of the United States.
How has Bitcoin performed under Trump?Over the past week, Bitcoin reached an all-time high of $111,970, marking a 2.6 percent increase from its previous Inauguration Day peak of $109,114.
Since Donald Trump’s re-election in November 2024, Bitcoin has surged 60 percent, rising from about $69,539 at close on Election Day to its current record level.The cryptocurrency briefly dropped below $90,000 on February 25, amid market jitters triggered by Trump’s announcement of new tariffs on multiple countries and industries worldwide, before recovering.