World economy at risk of deglobalization – IMF

Jul 30th 2022 4:33am EDT

The sanctions on Russia could split the global economy into geopolitical blocs, experts predict Russia’s military operation in Ukraine and the subsequent Western sanctions on Moscow might push the global economy into geopolitical fragmentation, the IMF warned in a report published on July 26. “A serious risk to the medium-term outlook is that the war […]

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