ALEX BRUMMER: Middle East 危機 脅すs the energy market and 全世界の economy

When it comes to the International 通貨の 基金 (国際通貨基金), Europe continues to 支配する the choice of who is in the 最高の,を越す 職業.

The re-選択 of Kristalina Georgieva, 70, to another five-year 称する,呼ぶ/期間/用語 is not a surprise.

成果/努力s to 倒れる her over 申し立てられた/疑わしい 巧みな操作 of data about 中国, in a previous 職業 at the World Bank, 証明するd 不成功の.?

And with the 候補者s for the November 2024 US 大統領の 選挙 存在 an 前進するd septuagenarian and an octogenarian, she is a mere stripling.

The spring 開会/開廷/会期 of the 国際通貨基金 this week, as was the 事例/患者 at last year’s 年次の conflab in Morocco, will be 混乱に陥れる/中断させるd by events in the Middle East.

Challenges: Kristalina Georgieva (pictured) has been re-selected as the International Monetary Fund's managing director for another five-year term

Challenges: Kristalina Georgieva (pictured) has been re-selected as the International 通貨の 基金's managing director for another five-year 称する,呼ぶ/期間/用語

As Georgieva rightly 公式文書,認めるd in 簡潔な/要約する victory comments, her stewardship has been dom inated by shocks 含むing ‘pandemic, war and 衝突s’.

Covid-19 may be behind us, if not consequences for the cost of living, but geo-political 不確定 支配するs.

The war in Gaza, 誘発する/引き起こすd by the horrific events of October 7 last year, continues. A 週末 of a 星/主役にする Wars-style 衝突, when Iran 直接/まっすぐに attacked イスラエル, is part of the same.?

Moreover, Russia’s war on ウクライナ共和国, which precipitated an energy 危機 and gave new 脚s to インフレーション across the globe, 激怒(する)s on. Yet the かかわり合い of the West to support ウクライナ共和国 is slipping.?

The US 議会 is considering delinking 大統領 Biden’s 提案するd 援助 一括 for the Middle East ? some $14.1billion for イスラエル and $9.2billion of 人道的な 援助(する) for Gaza ? from the $60billion for ウクライナ共和国 …に反対するd by Donald Trump.

週末 events were a wake-up call to the Western 僕主主義s about the real and 現在の danger in the Middle East.?

As unfortunate as イスラエル’s war on Gaza has been, it is Iran which 提起する/ポーズをとるs the real 脅し to peace, the energy market and the 全世界の economy.?

Its proxy wars against Western shipping in the Red Sea through Houthi 反逆者/反逆するs, support of 反逆者/反逆する anti-Western 軍隊s in Sudan (which 国境s on the Suez Canal), the Hezbollah 占領/職業 of large parts of southern Lebanon and Syria are all one and the same.

The direct attack on イスラエル with 170 爆発性の-laden drones, 120 弾道学の ミサイルs and 30 巡航する ミサイルs was repelled not just by イスラエル but by 批判的な 援助 from the US, Britain and Arab partners.

The 必要物/必要条件 for such a co-ordinated 返答 shows how ineffectual Western 許可/制裁s have been in 抑制するing the Ayatollahs and their terror arm, the Iran 革命の Guard 軍団 (IRGC).?

We can 推定する/予想する a toughening of such 対策 as both the EU and US 捜し出す to 妨げる イスラエル climbing an escalation ladder.

So far the markets are becalmed. The oil price 緩和するd a little, encouraged by ‘アイロンをかける ドーム’ defences, but the 可能性 of climbing to $110 a バーレル/樽 or more, giving a new 脚 to インフレーション, is there.

Paradoxically, in spite of possible cost of living consequences of a broader 衝突, it could 速度(を上げる) 延期するd 削減(する)s in 公式の/役人 率s. In times of 危機, the classic 返答 is to 緩和する 通貨の 政策 so as not to 悪化させる 事柄s. All of which will be a big 実験(する) for the world’s 経済的な and 財政上の leadership in the coming days.

Treasure 追跡(する)

Ahead of the 国際通貨基金 首脳会議, Jeremy 追跡(する) is in New York drumming up support for the UK.?

It does no 害(を与える) that RAF 計画(する)s were in 活動/戦闘 in defence of イスラエル, 提携させるing Britain’s 戦略の 利益/興味s wit h America.?

The (ドイツなどの)首相/(大学の)学長 also has a decent 経済的な story to tell. Tomorrow, he should be 支えるd by another 減少(する) in headline インフレーション in March に向かって the 2 per cent 的.

追跡(する)’s calls show a keen 利益/興味 in 支えるing the UK’s gangbusters creative 産業s and getting behind 財政上の services.?

抑えるのをやめるing new 資本/首都 for UK start-ups, 革新 and 組織/基盤/下部構造 is 批判的な to 未来 生産(高) 伸び(る)s.

Pity that Britain’s disjointed 地位,任命する-Brexit politics 延期するd such 率先s.

Disco dancing

A 復活 of 株式市場s, 取引,協定 making, 社債 貿易(する)ing and 初期の public offerings has 解除するd gloom surrounding Goldman Sachs’ boss, retired レコード (v)策を弄する/(n)騎手 David Solomon. First-4半期/4分の1 利益(をあげる)s 急に上がるd 28 per cent to £3.3billion and the 株 bounced 4 per cent.

That could signal better days for under-valued Barclays, the UK’s only 十分な service 投資 bank.