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đžđŠ The head of the IMF is warning that the attacks on Saudi Arabia could end up hurting âeverybody, everywhere.â
Kristalina Georgieva says the Saudi economy is way too important for the damage to stay local, with Houthi missiles still slamming into the kingdom.
And thatâs on top of oil prices already going through the roof since Iran choked off the Strait of Hormuz back in February.
She also says the world economy is âreaching its limits,â with governments now spending 14% of their revenue just to pay off debt, up from 6% a decade ago.
The global economy has survived shock after shock this year, and the IMF is now openly wondering how many more it can take.
Source: AFP
#crypto #CryptoNews #worldnews
đžđŠ The head of the IMF is warning that the attacks on Saudi Arabia could end up hurting âeverybody, everywhere.â
Kristalina Georgieva says the Saudi economy is way too important for the damage to stay local, with Houthi missiles still slamming into the kingdom.
And thatâs on top of oil prices already going through the roof since Iran choked off the Strait of Hormuz back in February.
She also says the world economy is âreaching its limits,â with governments now spending 14% of their revenue just to pay off debt, up from 6% a decade ago.
The global economy has survived shock after shock this year, and the IMF is now openly wondering how many more it can take.
Source: AFP
#crypto #CryptoNews #worldnews