The head of the IMF’s Middle East and Central Asia department urged the international community to end the conflict in the Middle East and address the humanitarian crisis, especially in Lebanon and the Palestinian territories, where massive destruction has devastated economies. The IMF slightly downgraded economic growth estimates for the region, with Lebanon facing negative growth due to recent conflict with Israel. Countries indirectly affected, like Jordan and Egypt, have also felt the impact, with Egypt experiencing a decline in Suez Canal revenues and Jordan suffering from decreased tourism. The IMF is focused on providing support for immediate concerns and promoting regional cooperation for post-conflict reconstruction efforts.
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Trump’s Gaza ‘takeover’ marks sharp break from US policy
US President Donald Trump shocked the world by proposing to "take over" Gaza, departing from US policy supporting a Palestinian state. His comments, suggesting the displacement of Palestinians from Gaza to transform the territory into a luxurious destination, sparked global outrage and accusations of ethnic cleansing. Despite backlash, Trump's advisors questioned the feasibility of reconstruction in Gaza, while experts debated the seriousness of the president's proposal and its potential impact on regional conflict and the...
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