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International Business Times
International Business Times
World
AFP News

IMF, World Bank Warn Gaza War, Red Sea Attacks Imperil Global Economy

International Monetary Fund (IMF) Managing Director Kristalina Georgieva (R) speaks during the World Governments Summit in Dubai on February 12, 2024. (Credit: AFP)

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

The Israel-Hamas war 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.

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