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Iran war weighs on global economy as IMF meeting starts

Iran war weighs on global economy as IMF meeting starts

By Mark John LONDON, April 13 (Reuters) - Alarm over the impact of the Iran war on the global economy grew on Monday with more countries announcing emergency support measures to combat rising energy costs, while others appealed for international support.
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Long Iran war may require painful central bank tightening, IMF chief economist says

Long Iran war may require painful central bank tightening, IMF chief economist says

By David Lawder WASHINGTON, April 14 (Reuters) - Central banks may need to inflict much more economic pain to control inflation fueled by a long Middle East war than they did to control the spike in prices after the pandemic, the International Monetary Fund's chief economist said.
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IMF cuts growth outlook, warns of potential global recession if Iran war worsens

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

By David Lawder WASHINGTON, April 14 (Reuters) - The International Monetary Fund cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy would teeter on the brink of recession if the conflict worsens and oil stays above $
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IMF cuts growth forecasts for Germany as Iran war pushes up inflation

IMF cuts growth forecasts for Germany as Iran war pushes up inflation

By Maria Martinez BERLIN, April 14 (Reuters) - The International Monetary Fund cut Germany's growth forecasts for this year and next on Tuesday, in its largest downgrade among big euro zone economies, and raised its inflation projections as the Iran war drives up oil and gas prices.
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Middle East war to boost Ukraine inflation, central bank chief says

Middle East war to boost Ukraine inflation, central bank chief says

By Andrea Shalal and Libby George WASHINGTON, April 13 (Reuters) - Higher oil prices caused by the war in the Middle East https://www.reuters.com/world/iran/ have already boosted prices across Ukraine and could raise inflation rates by 1.5 to 2.8 percentage points, Ukraine's top central banker said
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UK hit with big IMF growth downgrade as Iran war fuels inflation

UK hit with big IMF growth downgrade as Iran war fuels inflation

By William Schomberg WASHINGTON, April 14 (Reuters) - Britain suffered the sharpest cut to economic growth forecasts for large rich economies by the International Monetary Fund on Tuesday, reflecting the country's costly exposure to the inflationary impact of the Iran war.
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Factbox-Emerging economies in focus at IMF World Bank meetings

Factbox-Emerging economies in focus at IMF World Bank meetings

LONDON, April 13 (Reuters) - Global financial policy makers gather in Washington for the International Monetary Fund and World Bank Group Spring Meetings this week against the backdrop of yet another global economic shock - this time from the Iran war https://www.reuters.com/world/iran/.
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Analysis-Protracted Iran war narrows BOJ's rate hike options

Analysis-Protracted Iran war narrows BOJ's rate hike options

By Leika Kihara TOKYO, April 13 (Reuters) - Once seen as a strong possibility, a Bank of Japan rate hike in April is turning into a fainter prospect as fading hopes of an end to the Middle East conflict keep markets volatile and muddle the outlook for a fragile economy.
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Ukraine and Germany launch plans for joint production of advanced drones and other defense systems

Ukraine and Germany launch plans for joint production of advanced drones and other defense systems

Ukraine and Germany say they are starting work on plans for the joint production of advanced drones and other battle-tested defense systems
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Péter Magyar says he’d speak with Putin if called, and ask him to end the killing in Ukraine

Péter Magyar says he’d speak with Putin if called, and ask him to end the killing in Ukraine

Péter Magyar, Hungary's new leader, says he would talk to Russian President Vladimir Putin but won't initiate contact
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Zelenskyy meets Merz in Berlin as Ukraine seeks more support from Germany against Russia

Zelenskyy meets Merz in Berlin as Ukraine seeks more support from Germany against Russia

Ukrainian President Volodymyr Zelenskyy is meeting with German Chancellor Friedrich Merz in Berlin
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Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

By Andrea Shalal WASHINGTON, April 12 (Reuters) - Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia's full-scale invasion