The Guardian Australia – Business
·business
·5 hours ago
Iran war escalation could trigger global recession, IMF warns
The International Monetary Fund warned that escalating conflict in Iran could lead to a global recession and rising inflation. The UK faces the sharpest growth downgrade among G7 nations, with predictions showing inflation climbing to nearly 4%. As finance ministers meet in Washington, the IMF cautioned that developing nations would be hit hardest.
Summary by Glance · The Guardian Australia – Business
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