Event dossier

Iran war escalation could trigger global recession, IMF warns

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7 Reeves arrives at IMF with little leeway to prove its UK downgrade wrong A further escalation in the Iran war could trigger a… Grouped from 5 articles across 3 sources.

5 reports3 sourcesApr 14, 2026, 6:26 PM
FilterThe Guardian
Clustered coverageDW, The Globe and Mail, The Guardian
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Coverage timeline

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The GuardianApr 14, 2026, 6:26 PM

Iran war escalation could trigger global recession, IMF warns

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7 Reeves arrives at IMF with little leeway to prove its UK downgrade wrong A further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations, the International Monetary Fund has warned. Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2026 based on the impact of the war so far. Continue reading...

DWApr 14, 2026, 5:52 AM

Iran war: IMF slashes global growth forecast

The International Monetary Fund has warned that the world economy could be "thrown off course" by war in the Middle East and energy disruptions. DW has more.

The Globe and MailApr 14, 2026, 9:35 AM

China’s Xi warns global order ‘crumbling’ amid Iran war chaos

Spanish PM Sanchez, a prominent critic of war, urges Beijing to ‘do more’

The GuardianApr 14, 2026, 1:00 PM

IMF warns ‘unprecedented’ energy crisis could trigger global recession as Australia prepares for G20 fuel talks

As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The International Monetary Fund has warned the US-Israel war on Iran risks creating an “energy crisis of an unprecedented scale” that could tip the global economy towards recession. The grim warning contained in the IMF’s latest World Economic Outlook comes as Jim Chalmers prepares to attend the organisation’s spring meetings in Washington DC this week, where he said he would be “joining with other countries continuing to call for an enduring end to the war”. Continue reading...

The GuardianApr 14, 2026, 8:31 AM

HSBC says Iran war is hitting confidence as businesses warn over economic risks

Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair Business live – latest updates HSBC bosses have said the Iran war is already hitting global economic confidence, as a string of business leaders warned over the impact of the conflict. Georges Elhedery, the Lebanon-born chief executive of the bank, told Bloomberg Television at a HSBC conference in Hong Kong: “We’re saddened and concerned with what’s happening in the Middle East, and we’re concerned not just with what’s happening but also with how long this will take. Continue reading...

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