Finance ministers warn Middle East conflict to weigh on growth and markets

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Finance ministers from more than 10 countries have said that the Middle East conflict will continue to weigh on global growth, inflation and financial markets, even if it is durably resolved, Reuters reports.

In a joint statement issued by the British government during the International Monetary Fund and World Bank Spring Meetings in Washington, finance ministers from the UK, Australia, Japan, Sweden, the Netherlands, Finland, Spain, Norway, Ireland, Poland and New Zealand have said they will manage the economic consequences of the crisis in a “coordinated, responsible and responsive” manner.

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