LBCI Whatsapp Channel
0sec

IMF: Escalation of Middle East conflict could have 'significant' economic consequences

Middle East News
03-10-2024 | 11:43
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
IMF: Escalation of Middle East conflict could have 'significant' economic consequences
Whatsapp
facebook
Twitter
Messenger
telegram
print
IMF: Escalation of Middle East conflict could have 'significant' economic consequences

The International Monetary Fund (IMF) said Thursday that an escalation of the conflict in the Middle East could have significant economic ramifications for the region and the global economy, but commodity prices remain below the highs of the past year.

IMF spokesperson Julie Kozack said that the Fund is closely monitoring the situation in southern Lebanon with "grave concern" and offered condolences for the loss of life.

"The potential for further escalation of the conflict heightens risks and uncertainty and could have significant economic ramifications for the region and beyond," Kozack said.


Reuters 

Middle East News

IMF

Escalation

Conflict

Economic

Consequences

LBCI Next
Syria's new Information Minister promises free press
Recommended For You
d-none hideMe
LBCI
Middle East News
13:59

Israeli strikes target two military sites near Damascus: Monitor

LBCI
News Bulletin Reports
13:04

Israel strikes Syria despite regime's assurances, sends warning to Turkey — the details

LBCI
Israel-Gaza War Updates
08:44

Palestinian Authority calls on Hungary to arrest Netanyahu

LBCI
Middle East News
06:54

Russia says military force against Iran would be illegal and unacceptable

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Israel-Gaza War Updates
04:11

Israel warns Syrian leader of 'heavy price' if security interests threatened

LBCI
World News
08:53

Trump says US to emerge 'stronger' as markets tumble over tariffs

LBCI
Israel-Gaza War Updates
05:56

Health ministry in Gaza says 1,163 killed since Israel resumed strikes

LBCI
Lebanon News
09:45

Israeli strike on car in Alma al-Shaab injures civilian: Health Ministry

Videos
d-none hideMe
LBCI
Lebanon News
2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

LBCI
Middle East News
2025-03-19

Israeli official urges international support for Lebanese government and army

LBCI
Lebanon News
2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

LBCI
Lebanon News
2025-02-23

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

LBCI
Lebanon News
2025-02-23

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

LBCI
Lebanon News
2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

LBCI
Lebanon News
2025-02-13

Saad Hariri holds series of diplomatic and religious meetings in Beirut

LBCI
Lebanon News
2025-02-13

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

LBCI
Lebanon News
2025-02-10

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
03:29

Israeli drone strike targets car in southern Lebanon, injures two

LBCI
Lebanon News
10:31

Israel targets alleged Hezbollah member in southern Lebanon, army spokesperson claims

LBCI
Lebanon News
06:02

Israeli FM says ongoing negotiations on borders with Lebanon and detained prisoners

LBCI
Lebanon News
07:13

Patriarch al-Rahi calls for national conference, assures no fear of conflict between Army and Hezbollah

LBCI
Lebanon News
11:22

Lebanon issues decrees on new security appointments — the details

LBCI
Lebanon Economy
02:19

Fuel prices rise in Lebanon

LBCI
Lebanon News
10:13

Lebanon declares public holidays for Good Friday and Easter Monday

LBCI
Israel-Gaza War Updates
04:11

Israel warns Syrian leader of 'heavy price' if security interests threatened

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More