IMF Chief Warns of Severe Global Economic Impact from Prolonged Middle East War
IMF chief Kristalina Georgieva cautioned that the global economy faces a 'much worse outcome' and severe damage if the Middle East war continues to drag on, potentially into 2027.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (55/100)Sources
IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027 - The Straits Times
IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027 The Straits Times
Read full article →IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027
The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main "reference forecast," a middle "adverse scenario," and a much worse "severe scenario."
Read full article →IMF chief warns of 'much worse outcome' if war drags into 2027
WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director Kristalina Georgieva said the continuation of the war meant that the global lender's "reference scenario" assuming a short-lived conflict -- which forecast a minor growth slowdown to 3.1 percent and a minor
By The Korea Herald
Read full article →
