IMF Says Iran War Means Higher Prices, Slower Growth Worldwide

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Managing Director of the IMF Kristalina Georgieva.The International Monetary Fund warned that the US-Israeli war against Iran threatens a “global, yet asymmetric” shock, dimming the outlook for economies that were just recovering from previous crises. Countries in Africa and Asia that are heavily dependent on oil imports are already finding it increasingly hard to access needed supplies, “even at inflated prices,” the world’s financial firefighter said in a blog post published on Monday.