IMF chief Kristalina Georgieva warns of a 'much worse' global economic outlook if the Middle East conflict persists into 2027, citing risks of rising inflation and oil prices hitting 125 dollars per barrel.
IMF Managing Director Kristalina Georgieva warned that the global economy faces a 'much worse outcome' if the Middle East conflict continues into 2027, potentially driving oil prices to 125 dollars per barrel and fueling inflation.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
Open map near United States
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
Australian household spending rose 1.6% in March, driven by higher fuel prices linked to Middle East conflict, official data shows.
Official data from the Australian Bureau of Statistics shows that Australian household spending rose 1.6% in March, primarily driven by a 5.1% surge in transport costs linked to higher fuel prices amid the Middle East conflict.
Libya approves its first unified national budget in 13 years, ending over a decade of fiscal fragmentation. Prime Minister Abdul Hamid Dbeibah confirmed the move following a consensus agreement between the country's rival legislative bodies.
Libyan Prime Minister Abdul Hamid Dbeibah announced the approval of a unified national budget for 2026, marking the first such consensus in 13 years following a deal between the country's rival legislative bodies.
A gunman is shot by law enforcement near the White House shortly after the motorcade of Vice President JD Vance passed the location.
A gunman was shot near the White House shortly after the motorcade of Vice President JD Vance passed the area.
President Donald Trump announced that hundreds of millions of barrels of oil are being imported from Venezuela to the United States.
US President Donald Trump stated that hundreds of millions of barrels of oil are being imported from Venezuela to the United States.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.