ADB trims Asia growth forecasts as Omicron threatens economy

ADB trims Asia growth forecasts as Omicron threatens economy

The Asian Development Bank warned Tuesday that the highly mutated Omicron coronavirus variant could have a “substantial” economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia. Despite a sharp drop in infections and increased vaccination across the region stretching from the Cook Islands in the Pacific to Kazakhstan in Central … Read more