8 Jul, 13:00··

IMF Warns Middle East Conflict Hurts Global Economy

The International Monetary Fund (IMF) has warned that renewed conflict in the Middle East poses a significant risk to the global economy. The IMF cited potential disruptions to commodity prices, supply chains, and financial conditions, alongside increased inflation. This situation could particularly impact vulnerable economies in South Asia and sub-Saharan Africa, potentially leading to food insecurity and social unrest.

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