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IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions | Collector
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions
Economic Times

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

Global finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geopolitical shocks. Reliance on U.S. leadership for crisis resolution is no longer assured. The IMF and World Bank pledged aid to developing nations. Officials expressed frustration with ongoing economic calamities.

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