IMF: Oil Price Shock Tests Global Economic Resilience ...Middle East

The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of the global economy once again, IMF Managing Director Kristalina Georgieva said on Friday.  “The world economy has been remarkably resilient. Shock after shock, and yet growth is at 3.3%,” Georgieva told Bloomberg Television in an interview.  “But this resilience is being tested yet again,” the IMF’s top official added. If energy prices sustain just a 10% increase over a period of one year, this would add 0.4 percentage…

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