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World Bank warns of Palestinian-Israeli conflict or severe blow to global economy

The conflict between Israel and the Palestinian Islamic Resistance Movement (Hamas) could deal a serious blow to global economic development, World Bank President Ajay Banga said at the 7th Future Investment Initiative Congress in the Saudi capital Riyadh on 24 local time.。He said: "The impact of the recent conflict in Israel and Gaza on economic development has been even more serious.。We are at a dangerous juncture。"

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