🇸🇦 The head of the IMF is warning that the attacks on Saudi Arabia could end up hurting “everybody, everywhere.”
Kristalina Georgieva says the Saudi economy is way too important for the damage to stay local, with Houthi missiles still slamming into the kingdom.
And that’s on top of oil prices already going through the roof since Iran choked off the Strait of Hormuz back in February.
She also says the world economy is “reaching its limits,” with governments now spending 14% of their revenue just to pay off debt, up from 6% a decade ago.
The global economy has survived shock after shock this year, and the IMF is now openly wondering how many more it can take.
Source: AFP / Writer: Julie
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