Tipping point? The scramble to contain global energy crisis
It’s easy to lecture world leaders about how fuel subsidies ruin the environment and bleed state coffers dry, but try telling that to beleaguered Bolivians and cornered Kenyans, two of the many nations where the energy crisis has reached breaking point with citizens unable to keep up with prices at the pump. It’s not just in the Americas, Africa and Asia where the Iran war is destroying livelihoods and derailing fiscal roadmaps.