"The sooner it [the Iran war] ends, the better for everybody. Such gatherings are not typically used to fight geopolitical battles. You don't get people shouting at one another at these things."
"There are several shadows hanging over it: one is the shadow that comes from concern about the global economy as a whole. The second is that some countries are going to be particularly hard hit, and it's mostly countries that very few people are talking about."
"The fact that the US, which started a war of choice, is going to be hit, but by a lot less than elsewhere in relative terms."
The Iran war has led to the most severe energy shock since the 1970s, increasing the risk of a global recession and raising living costs, particularly for vulnerable households. At the International Monetary Fund meetings, Kristalina Georgieva emphasized the urgency of ending the conflict. The atmosphere among finance ministers and central bank leaders was somber, reflecting concerns about the global economy and the disproportionate impact on less-discussed countries. The US, while affected, will experience relatively less damage compared to others.
Read at www.theguardian.com
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