The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy.
IMF chief Kristalina Georgieva says the war between Hamas and Israel has cast a 'new cloud' over a weak global economy. Photo: FADEL SENNA / AFPThe war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global
The conflict, which erupted when Palestinian militant group Hamas launched a bloody attack on Israel from Gaza on Saturday, has raised concerns about its potential impact on the Georgieva noted that the IMF's World Economic Outlook, which was released earlier this week but drafted before the conflict broke out, already showed weak global growth.
"Over few months, the world economy has entered into troubled times with the war in Ukraine, conflict in Azerbaijan awful terrorist attack in Israel," French Finance Minister Bruno Le Maire told reporters.The conflict between Hamas and Israel has left thousands dead and rattled oil markets amid fears that other nations might intervene and possibly disrupt shipments in the Middle East.
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