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Israel-Hamas war a 'new cloud' over world economy: IMF
Israel-Hamas war a 'new cloud' over world economy: IMF
Economy
by  AFP

The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy. The conflict, which erupted when Palestinian militant group Hamas launched a bloody attack on Israel from Gaza on Saturday, has raised concerns about its potential impact on the world economy.

US consumer inflation holds steady in September
US consumer inflation holds steady in September
Economy
by  AFP

Consumer inflation held steady in the United States last month, according to government data released Thursday, giving policymakers some reprieve in their battle to tamp down price increases. Meanwhile, with core inflation at 4.1 percent, the United States is "heading back to the period before which inflation started to really ramp up aggressively," Daco said.