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Malaysia is betting on data centers to boost its economy. But experts warn they come at a price.

Winson Lau has always had contingency plans. Lau relies on water and electricity to operate his thriving export business in Malaysia’s Johor province. The province is on track to have at least 1.6 gigawatts of data centers at any given moment from nearly nothing in 2019, making it the fastest-growing data center market in Southeast Asia, according to a report published in April.

South African Stocks, Rand Fall as Tax Dispute Delays Budget

(Bloomberg) -- South Africa’s rand and stocks slumped after lawmakers delayed the presentation of the annual budget, raising concern about the stability of the coalition government that has governed the country since elections in May last year.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsThe delay was due to a dispute among parties over a proposed increase i