Mideast conflict may hurt global economy

By Agence France-Presse

Oct 25, 2023 12:24 am

RIYADH: The war between Israel and Hamas could deal a 'serious' blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.

'What just happened recently in Israel and Gaza at the end of the day, you put all this together, I think the impact on economic development is even more serious,' Ajay Banga said, adding: 'I think we're at a very dangerous juncture.'

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