Israel-Hamas war risks 'serious' economic damage: World Bank president

The war between Israel and Hamas could deal a “serious” blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.

“What just happened recently in Israel and Gaza — at the end of the day you put all this together, I think the impact on economic development is even more serious,” Ajay Banga said, adding: “I think we’re at a very dangerous juncture.”

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