Israel-Hamas Conflict Threatens Global Economy, Warns IMF Chief

The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the ongoing Israel-Hamas conflict is adding to the already gloomy economic outlook and creating more uncertainty in the world. Georgieva highlighted the terrible economic prospects for the countries involved, as well as the negative impact on neighboring nations, including trade, tourism, and insurance costs. She emphasized that the conflict would make investors hesitant and deter tourists, affecting the wider region's economic stability. Georgieva called for a resolution to the conflict as soon as possible, stating that the IMF's first priority is the tragic loss of life.