IMF data and Bank of England governor address G20 ministers amid supply shocks caused by the war in the Middle East.

The entities involved

• G20 →

  group of finance ministers and central bank governors

  • G20 foreign ministers met in Atlanta while the leaders' summit was scheduled for Miami, amid Russian economic demands and shipping activity.17:02
  • The G20 meeting in Atlanta saw Germany and Canada contribute donations to the JUMPSTART program, and Donald Trump eased sanctions for Russian diesel.14:41
• International Monetary Fund →

  international financial institution

  • Higher US yields are causing international capital to be redirected globally.16:29
  • IMF program tied to Egypt's economic reforms.16:17
• Bank of England →

  central bank of the United Kingdom

  • Central banks meet on interest rates as peace talks between US and Iranian negotiators unfold, impacting oil prices and the Strait of Hormuz chokepoint.17:58
  • The conflict involving Iran in the Middle East is causing disruptions that are driving up global energy costs and impacting the Federal Reserve's policies.14:40

Related events

• G20 requested a crisis response mechanism, noting the World Bank Group's relationship with the World Bank.Oct 14
• The G20 is participating in finance ministerial meetings under international economic pressure.Sep 4
• The IMF released estimates for member countries while acknowledging the ongoing war in West Asia.Oct 20
• A state must conclude a new economic program with the International Monetary Fund, influenced by the global economic impact of the Middle East conflict.Jun 29
• IMF forecasts global economic slowdown, influenced by the Middle East war, impacting Europe, Spain, and the U.K.Jul 8