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Gorgieva: Economy recovers from energy shock

Gorgieva: Economy recovers from energy shock

The articles discussed the state of the global economy following the effects of Iran's war on energy markets, along with the reduced risks resulting from rising oil prices. The International Monetary Fund (IMF) confirmed that global growth is exceeding expectations despite increasing financial pressures and persistent inflation. An IMF expert indicated that oil prices between $80 and $90 per barrel could trigger a new wave of inflation, potentially forcing central banks to tighten their monetary policies further. This could lead to higher debt servicing costs and impacts on economic activity. The report also emphasized that investments in artificial intelligence and support for growth are key factors backing the global economy, while also highlighting the need for countries to address their debt issues and deficits sustainably to ensure stable growth.

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