Live Update
From the Liveblog of
Tuesday, October 24, 2023
World Bank chief says Israel-Hamas war could deal serious blow to global economy

Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. (AP Photo/Seth Wenig, Pool)
The war between Israel and Hamas could deal a “serious” blow to global economic development, the president of the World Bank tells an investor conference in Saudi Arabia.
“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 says, adding: “I think we’re at a very dangerous juncture.”
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