G20 braces for global economic fallout from Israel-Hamas war

Finance chiefs from the Group of 20 nations will conclude their talks on Friday as the escalating conflict between Israel and Palestinian militant group Hamas adds to uncertainty over the global economy. The two-day meeting in the Moroccan city of Marrakech came as central banks in major economies have been aggressively raising interest rates to tame inflation and many G20 members grapple with the repercussions of Russia's war on Ukraine that has sent fuel and raw materials costs higher. A slowdown in China, one of the G20 members, is also casting a pall over the global outlook, with the Inter...