6 Articles
6 Articles
IMF director says shock from US-Iran War is already 'baked' into the economy
A plume of smoke rises after a strike on Tehran on March 3. The US and Israeli war on Iran has upended the global economy.ATTA KENARE / AFPThe director of the International Monetary Fund, Kristalina Georgieva, outlined the Iran war's impact.Kristalina Georgieva said it's already "baked" into the economy."We are going to see some drag of this crisis over the year," Georgieva said.War has ravaged the Middle East for 43 days, but the damage could t…
Iran-US War: IMF Flags ‘Large’ Global Impact of Conflict, Says Energy Crisis and Inflation Pressures to Persist Into Next Year | 🌎 LatestLY
The head of the International Monetary Fund has warned that the Iran war has triggered a “large” global economic shock, disrupting energy supplies and pushing up prices worldwide, with the impact expected to linger well into next year. 🌎 Iran-US War: IMF Flags ‘Large’ Global Impact of Conflict, Says Energy Crisis and Inflation Pressures to Persist Into Next Year.
WORLD.— Global prices will take a long time to return to pre-war levels between the United States, Israel and Iran, even if the ceasefire is maintained, said managing director of the International Monetary Fund, Kristalina Georgieva. “It will take time, yes, and will take even longer in regions facing higher levels of disruption,” Georgieva said in statements issued on Sunday in CBS’s Face the Nation program, at the anteroom of the spring meetin…
IMF's Kristalina Georgieva says the Iran war is pushing inflation higher across the global economy
Inflation is staying hot for longer, and IMF Managing Director Kristalina Georgieva says the Iran war is a big reason why. Speaking Sunday on CBS’ Face the Nation, Kristalina said the economic pain is spreading well beyond the countries involved in the fighting. Kristalina explained that countries close to the conflict are taking a hard hit. She also said oil-importing nations are getting squeezed, especially those with little protection against…
IMF warns of global economic shock from Iran war
Washington: The head of the International Monetary Fund has warned that the Iran war has triggered a “large” global economic shock, disrupting energy supplies and pushing up prices worldwide, with the impact expected to linger well into next year. Kristalina Georgieva, Managing Director of the IMF, said the scale and duration of the disruption would determine the long-term fallout, but cautioned that the effects are already widespread. “What I c…
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