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Economic Buzz: Global economic resilience tested yet again by new conflict in Middle East, says IMF Chief
09-Mar-2026 12:00
IMF Managing Director Kristalina Georgieva spoke at Japan's Ministry of Finance's Future of the Global Economy amid a Fluid International Economic and Monetary Order Symposium in Tokyo today. She noted that the global economy faces deep currents of change'in technology and demographics, in geopolitics and trade, in climate'while also dealing with shock after shock. We are seeing resilience tested yet again by the new conflict in the Middle East. Important oil and gas facilities have suffered damage and stoppages; shipping traffic through the Strait of Hormuz has fallen by 90 percent. For much of Asia and the world, energy security has shot up the list of concerns. If the new conflict proves prolonged, it has clear and obvious potential to affect market sentiment, growth, and inflation, placing new demands on policymakers.

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