IMF Warns Global Economy Has Less Room to Absorb Energy Shocks
Photo: TokenPost
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned Oct. 14 that the global economy has less capacity to absorb shocks as conflict-driven energy pressures drain fiscal and energy buffers. The IMF’s October outlook projected global growth of 3.1% in 2026 and 3.4% in 2027, with inflation at 4.7% in 2026. Higher energy and commodity prices tied to the war were weighing on economic activity, partly offset by demand linked to artificial intelligence. A limited fire broke out at a Saudi Aramco administrative building in Dhahran on Oct. 13 after the site was targeted. No one was injured or killed.
Source: TokenPost
