ReferIndia News Global Finance Chiefs Convene in Washington as Iran War Delivers Third Major Shock to World Economy

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Global Finance Chiefs Convene in Washington as Iran War Delivers Third Major Shock to World Economy

Published on: April 13, 2026, 11:22 a.m. | Source: Republic World

Global finance officials meet in Washington as the IMF and World Bank slash growth forecasts due to the Iran war. Emerging market growth is pegged at 3.65%, with inflation rising to 4.9%. Leaders warn of a "shock to the system" as 45 million face food insecurity and record debt levels peak.

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