IMF Warns Middle East War Could Derail Global Economic Growth

The energy crisis sparked by the war in the Middle East remains the biggest risk for the global economy, but investment in artificial intelligence provides grounds for optimism, the International Monetary Fund has said, expecting global growth of 3.4% next year. “The global economy has been resilient, but that resilience is reaching its limits, so we need to move from just coping to rebuilding,” the institution’s chief economist, Silvana Tenreyro, told the media, as quoted by Reuters. “We need to restore fiscal space. We…