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IMF: Mideast Conflict Has 'Massive' Economic Impact

A new study by the International Monetary Fund says the economic impact of conflict in the Middle East and North Africa is "massive and persistent" bringing soaring inflation, hurting the value of currencies, and sparking a flood of refugees to neighboring nations. The report's authors say war has cut Syria's gross domestic product by half, shrank Yemen's economy by a quarter or more, while chaos and faltering oil prices trimmed 24 percent from Libya's economy in...

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