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The Economic Times

Top News / The Economic Times

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Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Global finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are downgrading growth forecasts and raising inflation predictions, with emerging markets facing the brunt of higher energy prices and supply disruptions. Vulnerable nations require significant emergency support as debt levels soar.

12 Apr 2026 4:04 pm