IMF-World Bank Bangkok Talks Dominated by Middle East War, Debt Crisis

🏦 BANGKOK — IMF convenes while the war rewrites every debt projection it brought. 📌 LOOK CLOSER: With Brent above $135 and Hormuz functionally closed, the IMF's debt sustainability models are already obsolete. Bangkok is the first multilateral forum where war-driven energy inflation meets sovereign debt stress. Emerging markets absorbing both oil import shocks and dollar tightening have no buffer — and the IMF has no mandate to stop the war causing it.