Tag: ECONOMIES

Israel-Hamas war already hitting regional economies: IMF chief

By Robbie COREY-BOULET RIYADH, Oct 25, 2023 (AFP) – The raging war between Israel and Hamas is already battering the economies of nearby countries, the managing director of the International Monetary Fund told a Saudi investor forum on Wednesday. Israel’s neighbours are feeling the effects, especially those that rely on tourism, Kristalina Georgieva said at the Future Investment Initiative (FII) in the Saudi capital Riyadh. “You look at the neighbouring countries — Egypt, Lebanon, Jordan […]