IMF Chief Describes Hamas-Israel War As New ‘Cloud Darkening’ World Economy
The International Monetary Fund managing director, Kristalina Georgieva has called the escalation of conflict between Israel and Palestine a new “could darkening” global economy.
In terms of economic impact, we are very closely monitoring how the situation evolves, how it is affecting especially oil markets. It is too early to say, we have seen some ups and downs in oil prices, and we have some reactions on markets,” said Ms Georgieva during a news conference. “And as I said, we will be closely monitoring this.”
The IMF boss added, “Very clearly this is a new cloud on not the sunniest horizon of the world economy. New cloud darkening this horizon.”
Israel has vowed to annihilate the Hamas movement that rules the Gaza Strip in retribution for the deadliest attack on Jews since the...
