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IMF Warning: Iran War Wreaks Havoc On Global Economy

April 15, 2026 Rayhan Uddin, Middle East Eye. , , , ,
The war on Iran has “abruptly darkened” the global economic outlook, and if it continues could trigger a worldwide recession, the International Monetary Fund (IMF) has warned.  In its latest World Economic Outlook, a half-yearly update, the IMF downgraded most of its growth forecasts made three months earlier. It said that if the war is short-lived, global growth would be 3.1 percent this year. That is lower than the 3.4 percent that had been predicted for 2026 before the US and Israel attacked Iran in late February, sparking weeks of war. 
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