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Israel-Hamas war is 'new cloud darkening horizon' of global economy, IMF warns

From news.sky.com

The Israel-Hamas war is a "new cloud" on the horizon that threatens to darken an already murky global economic outlook, the head of the International Monetary Fund has warned. Kristalina Georgieva said severe shocks are becoming "the new normal" in an economy dominated by weak growth. Speaking at the annual meetings of the IMF and World Bank in Marrakech, she confirmed that she is "closely monitoring how the situation evolves" - especially when it comes to oil prices. And while there have already been some market movements, Ms Georgieva stressed it is too early to predict the full economic impact of the ... (full story)

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