World Bank Warns Asia Is Running Out of Money to Fight Energy Shock ...Middle East

Asian countries have responded more aggressively than others to the energy supply crunch caused by the U.S. and Israeli war on Iran and now they are running out of resources to continue their response, the World Bank warned in a new report. The report actually focuses on the potential of artificial intelligence to help Asian economies grow but names energy import vulnerability as one major headwind to that growth. “Subsidies have been by far the most common policy response [to the crisis] among emerging and developing economies,” the…

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