(Finance) – The war between Israel and Hamas could deal a serious blow to global economic development. This is what he said today President of the World Bank, Ajay Banga, speaking on the forum “Future of Investment” (FII), nicknamed the “Davos of the desert”, which opened today in Riyadh. “What happened recently in Israel and Gaza will have a serious impact on economic development,” he said Banga –. I think we are in a very dangerous phase.”
To limit this negative impact, to limit the damage on the economic front, Banga called for “joint efforts by all” international actors. “It would be difficult – she concluded – to invest in a ten or fifteen year project in a context of political or geopolitical uncertainty”.