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Attacks on Saudi Arabia could impact people 'everywhere', IMF chief says

Middle East 2 sources 2 countries 🔦 Under-reported 7m ago

Attacks on Saudi Arabia could impact people 'everywhere', IMF chief says International Monetary Fund Managing Director Kristalina Georgieva said that recent attacks on Saudi Arabia could impact people "everywhere", as energy costs rise globally and multiple conflicts rage in the crude-rich region. "The Saudi economy is important for the region and the world, and in that sense, these developments have potentially negative spillovers for everybody, everywhere," Georgieva said at a news conference during the Annual Meetings of the IMF and the World Bank in Bangkok, according to AFP. IMF Managing Director Kristalina Georgieva warns that attacks on Saudi Arabia could lead to global economic repercussions due to rising energy costs and regional conflicts.

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