Asia, World Bank | featured news

World Bank says online gaming industry is a boon to Asia economy

A World Bank study to be released Thursday reports that the online gaming industry has grown into a $3 billion business that provides living wages to migrant workers in Asia who play games all day, amass virtual currency and sell it to wealthy customers in the Western world for actual cash.

 

World Bank: Japan reconstruction may take 5 years

Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to $235 billion of damage, the World Bank said Monday.

 

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