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Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict

Summary by The Hill
Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and Israel. “All around the world, people in poor countries struggle with getting money, and they go back to a barter system where — and I’m…

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The Hill broke the news in Washington, United States on Sunday, April 5, 2026.
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