World Bank President Ajay Banga has expressed concern that the recent conflict between Israel and Hamas poses a “serious” threat to global economic development. Speaking at an investor conference in Saudi Arabia, Banga highlighted the potential impact of the conflict on economic stability, describing the situation as “very dangerous.” The conflict, marked by violence in Israel and Gaza, has raised apprehensions about its repercussions on regional stability. The remarks were made during the annual Future Investment Initiative, known as “Davos in the Desert,” attended by thousands of delegates and prominent global leaders.
World Bank President Warns Israel-Hamas Conflict Poses ‘Serious’ Risk to Global Economic Development
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