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Tag Archives: WB warn Gaza conflict and Red Sea attacks may imperil global economy

IMF, WB warn Gaza conflict and Red Sea attacks may imperil global economy


February 13, 2024

DUBAI: The IMF and World Bank warned on Monday that the Gaza conflict and the related attacks on shipping through the Red Sea pose threats to the global economy. The conflict in Gaza, raging since October, has already hit the Middle East and North Africa region’s economy, said the International Monetary Fund’s managing director Kristalina Georgieva. Its knock-on effects could …

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