Israel-Gaza conflict could trigger global economic crisis, says World bank chief Ajay Banga

World Bank President Ajay Banga warns that the Israel-Gaza conflict's escalation could severely impact the global economy. He highlighted potential risks if the war extends to resource-rich regions. The World Bank has increased its financial support to the Palestinian Authority amid ongoing devastation and calls for broader international intervention to mitigate the crisis.

Israel-Gaza conflict could trigger global economic crisis, says World bank chief Ajay Banga

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World Bank President Ajay Banga warns that the Israel-Gaza conflict's escalation could severely impact the global economy. He highlighted potential risks if the war extends to resource-rich regions. The World Bank has increased its financial support to the Palestinian Authority amid ongoing devastation and calls for broader international intervention to mitigate the crisis.