The Iran war shock for developing nations
Poorer countries face a triple whammy of crises in fuel, food and remittances
Poorer countries face a triple whammy of crises in fuel, food and remittances

IMF/World Bank spring meetings hear warnings that some developing countries may require additional lending

Tehran has a strong incentive to keep the conflict going

A global energy crisis is only just beginning. Political turmoil will follow

An assessment almost six weeks into the latest global economic crisis

The war is currently more likely to escalate than to be resolved by negotiation

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war