Iran war escalation could trigger global recession, IMF warns - short news
Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7
Reeves arrives at IMF with little leeway to prove its UK downgrade wrong
A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund has warned.
Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was..
source: The Guardian - 14.04.2026