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Middle East conflict forces IMF to slash global growth forecast

Nick Harper

North America;United States of America
02:51

The International Monetary Fund is cutting its global growth forecast due to the conflict in the Middle East. Up to $50 billion more in IMF funding may be needed to counter the global effects of almost six weeks of fighting. The predictions come ahead of next week’s annual Spring Meetings in Washington, D.C. Nick Harper reports.

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