Ammon News - The head of the International Monetary Fund (IMF) on Wednesday said the war between Israel and Hamas was another cloud on a horizon with plenty of them, warning that the global economic outlook could worsen.

"What we see is more jitters in what has already been an anxious world," Kristalina Georgieva told an audience at the FII investment conference in Riyadh.

"What we see is more jitters in what has already been an anxious world," Georgieva said.

"You have tourism-dependent countries uncertainty is a killer for tourist inflows," she said, describing the potential economic cost for countries in the region before listing specific risks.

"Investors are going to be shy to go to that place. Cost of insurance if you want to move goods, they go up. Risks of even more refugees in countries that are already accepting more."


France 24