Energy disruptions from the Iran war strain Gulf oil and gas exporters, while importers like Egypt and Jordan face higher commodity prices and reduced remittances from Gulf workers, worsening economic pressures across the region, said the International Monetary Fund (IMF).
The heads of the International Energy Agency, International Monetary Fund, and World Bank on Wednesday said they will form a coordination group to maximise their response to the significant economic and energy impacts of the war in the Middle East.
International Monetary Fund (IMF) has warned that AI was hitting the global labour market like a 'slow-moving tsunami,' with young graduates first in line to be knocked down while the World Bank called for governments to make 'crisis-era' support measures a permanent tool for getting young people into work.
