Washington: The world economy is so far weathering the shock of the war in the Middle East despite a surge in commodity prices, higher inflation and strains in financial conditions, with no signs yet of a global slowdown, IMF chief Kristalina Georgieva said Monday.
Georgieva, managing director of the global lender, welcomed Sunday's agreement by the U.S. and Iran to end their war and reopen the Strait of Hormuz, but warned in a new blog that an intensification of the conflict of supply disruptions posed a "clear risk to global growth."
