stack of old golden and silver coins
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The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy.

The global lenders are holding their gathering, which brings together finance ministers and central bankers from around the world, in an Arab country for the first time in 20 years.

The conflict, which erupted when Palestinian militant group Hamas launched a bloody attack on Israel from Gaza on Saturday, has raised concerns about its potential impact on the world economy.

Speaking at a press conference in Marrakesh, IMF Managing Director Kristalina Georgieva said the International Monetary Fund was "very closely monitoring how the situation evolves" and how it is affecting oil markets.

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