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IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.<br/>According to 'The Guardian,' the International Monetary <br/>Fund recently highlighted the risks of escalating <br/>conflict in the Middle East with two new reports. .<br/>The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel.<br/>The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.<br/>The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.<br/>That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.<br/>That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.<br/>'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. .<br/>Pierre-Olivier Gourinchas, the IMF’s economic <br/>counsellor, said the organization was evaluating the <br/>potential for another commodity shock from the conflict.<br/>The increased inflation that would <br/>come from higher energy prices would <br/>trigger a response from central banks that <br/>would tighten interest rates in order to <br/>secure inflation coming back to target, <br/>and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.<br/>The increased inflation that would <br/>come from higher energy prices would <br/>trigger a response from central banks that <br/>would tighten interest rates in order to <br/>secure inflation coming back to target, <br/>and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.<br/>It would do so in a context in which, <br/>in some countries, activity and growth <br/>is already fairly weak, so that might <br/>also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.<br/>According to Gourinchas, the impact of a 15% increase <br/>in the price of oil, combined with higher shipping costs, <br/>could result in a 0.7% increase in global inflation.<br/>According to Gourinchas, the impact of a 15% increase <br/>in the price of oil, combined with higher shipping costs, <br/>could result in a 0.7% increase in global inflation.<br/>Gourinchas also warned that such <br/>an increase would also bring down <br/>business confidence and global investment.

IMF Warns of Broad Global Impact Due to Conflict in the Middle East

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Israel and Iran condemned each others' military actions in the Middle East during a tense United Nations Security Council emergency meeting on Sunday (April 14).<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>

A war of words at UN meet as Israel and Iran face each other over attacks

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US President Joe Biden has told Israeli Prime Minister Benjamin Netanyahu that the United States would not participate in Israel's counter-offensive against Iran, U.S. officials said after a G7 leaders' meeting on April 14.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

Middle East crisis: G7 calls on Iran to restrain, Biden tells Israel US will not take part

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Israel has urged 32 countries to slap sanctions on Iran's already ailing economy.

Israel demands new Iran sanctions after weekend missile and drone attack

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Here are today’s headlines – the latest news in the Philippines and around the world:<br/>- Marcos: Death of PH serviceman from foreign attack triggers defense treaty with US<br/>- DOJ orders probe into Alvarez's call for AFP to abandon Marcos<br/>- Will PH fight to get $3.3-million Marcos loot in New York? 'I leave it to lawyers'<br/>- Israeli military vows response to Iran attack as calls for restraint mount<br/>- Rust' armorer sentenced to 18 months in fatal shooting by Alec Baldwin<br/><br/>https://www.rappler.com/video/daily-wrap/april-16-2024/

Today's highlights: Marcos on PH-US defense, Pantaleon Alvarez, Israel-Iran conflict | The wRap | April 16, 2024

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Over the weekend Iran let loose a veritable barrage of missiles on Israel. Now, according to the Israel Defense Force, it’s being reported that 99% of all of those munitions were shot out of the sky before they could hit their targets. Veuer’s Tony Spitz has the details.

U.S. Military Responsible for Taking Down at Least 75 Iranian Munitions Targeting Israel

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Malaysia's stance is that the global community should work towards ending the unrest in the Middle East and halt any further escalation of the situation, says Prime Minister Datuk Seri Anwar Ibrahim.<br/><br/>Read more at https://tinyurl.com/2emnm7t9<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

PM: Global community must work towards ending unrest in Middle East

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India expressed concern over escalating Israel-Iran tensions, urging de-escalation and diplomatic resolution. Iran's drone and missile attack on Israel prompted US President Biden's reassurance of support for Israel and active defense against Iranian threats. Israel vows a strong response, emphasizing preparedness for direct confrontation. International cooperation is crucial to prevent further escalation.<br/> <br/>#iranisrael #iranisraellivestream #iranisraelwarnewstodaylive #iranisraelwaraljazeera #iranisraelwarfootage #israeliranyudh #iranisraelconflict #Oneindia #Oneindianews <br/>~PR.152~ED.194~GR.121~HT.96~

Israel-Iran Standoff: India Issues Warning Amid Iranian Attack, Embassy Offers Helpline|Oneindia

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Israeli Prime Minister Benjamin Netanyahu vowed on Sunday (April 14) his country would achieve victory, after its military said it shot down almost all the more than 300 drones and missiles launched by Iran the night before in a sharp escalation of the Middle East conflict. - REUTERS

Iran strikes Israel as fears grow of wider conflict

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In a significant escalation of tensions, Iran carried out its first-ever direct attack on Israel, unleashing over 300 explosive drones and missiles on Saturday (April 13). Termed as \

Israel-Iran Conflict: Israel tells UNSC the world must take action against Iran's crimes | Oneindia

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In Murshidabad, clashes erupted during a Ram Navami procession, leaving about 20 injured from stone pelting. Prohibitory orders were enforced under Section 144. Another incident involved a blast in Shaktipur, injuring a woman. The BJP accused Mamata Banerjee of inciting tensions, while the TMC blamed the BJP for provoking clashes. Police intervened, and Section 144 was imposed district-wide.<br/> <br/>#ramnavamibengal #ramnavamiviolenceinbengal #bengalriotsonramnavami #ramnavami #murshidabad #TMC #bengalnews #US #Worldnews #Oneindia #Oneindianews<br/>~PR.152~ED.103~GR.125~HT.96~

Violence Breaks Out in Bengal’s Murshidabad During Ram Navami Processions, BJP Demands Prob

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10 Most Beautiful Snakes In The World from iran film

10 Most Beautiful Snakes In The World

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