-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
China's Singles' Day Exposes Persistent Consumer Caution
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
Energy Costs Push OECD Inflation Up to 4.5%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
NEET’s Merit Promise Erodes as Cost and Time Barriers Rise for Medical Aspirants
-
Lakers Defeat Bucks 123-112 Amid Injury Concerns for Dončić and Reaves
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
Audi-SAIC CEO Fred Schulze Confirms AUDI Brand Will Launch Three New Models in China
-
TuckShop Announces Cast for 'Jack and the Beanstalk' Drag Panto
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Samsung One UI 9.5 Reportedly Adds Call Recording for WhatsApp and Telegram
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
Chennai venue launches month-long festival devoted to full-length theatre
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
-
ALEX BODIとSCANDIC PAY:Mastercard・VISAカードによる新世代の決済
-
ALEX BODI 與 SCANDIC PAY:Mastercard 與 VISA 卡——新一代支付方式
-
ALEX BODI a SCANDIC PAY: karty Mastercard a VISA – nová generace plateb
-
ΑΛΕΞ ΜΠΟΝΤΙ και SCANDIC PAY: κάρτες Mastercard και VISA — μια νέα γενιά πληρωμών
-
ALEX BODI i SCANDIC PAY: karty Mastercard i VISA — nowa generacja płatności
-
АЛЕКС БОДІ та SCANDIC PAY: картки Mastercard і VISA — нове покоління платежів
-
SonReal Releases 'Banger After Banger' Music Video Featuring Alan Ritchson
-
АЛЕКС БОДИ и SCANDIC PAY: карты Mastercard и VISA — новое поколение платежей
-
ALEX BODI and SCANDIC PAY: Mastercard and VISA Cards – A New Generation of Payments
-
ALEX BODI și SCANDIC PAY: Cardurile Mastercard și VISA – o nouă generație de plăți
-
Mercedes-Benz Power Converter Enables Individual Cell Control for Improved EV Efficiency
-
John Park’s Agency Takes Legal Action Over Unauthorized 'McDonald’s Order Rap' Distribution
IMF raises concerns about effects of Sudan conflict on neighbors
The war in Sudan is likely to cause heavy economic damage in neighboring countries, the IMF's deputy director for Africa, Catherine Pattillo, told AFP.
"What is going on there for the people in Sudan is just so heart wrenching and devastating. For all of the neighboring countries too," she said in an interview in Washington ahead of the publication on Friday of the International Monetary Fund's regional outlook for Sub-Saharan Africa.
"A number of these countries that are neighbors are also fragile countries with their own challenges," she said.
"And then to be confronted with the refugees, the security issues, the trade issues, is very challenging for their growth," she added.
The IMF's report predicted that the Central African Republic, Chad, Eritrea, Ethiopia and South Sudan could be particularly hard hit by the ongoing conflict in Sudan.
- Oil pipeline -
For South Sudan, the situation has become particularly worrying following the loss in February of one of its main sources of income after an oil export pipeline was damaged in Sudan.
The pipeline is crucial for transporting South Sudanese crude oil abroad, which is especially important given that oil accounts for around 90 percent of the landlocked country's exports.
The war in Sudan has been raging since April 2023 between the army, led by General Abdel Fattah al-Burhan, and the paramilitary Rapid Support Forces (RSF) of his former deputy, General Mohamed Hamdan Dagalo, who is also known as Hemedti.
The conflict has claimed tens of thousands of lives, according to the UN.
More than 10.7 million people have been displaced across the country, and a further 2.3 million have fled to neighboring countries.
The conflict has also exacerbated food insecurity; a famine was declared in July in the Zamzam camp for displaced people near the town of el-Facher, in Darfur.
"You could think of Sudan (and) also some of the security issues in the Sahelian countries, also affecting growth," Pattillo said. "Those are the internal conflicts."
At the same time, other "external conflicts" like the wars in the Middle East and Ukraine are also impacting things like food prices, fertilizer and energy costs, she added.
The IMF notes that growing protectionism was also having a negative impact on growth in Africa, at a time when trade tensions are translating into tariff hikes between the world's three most powerful trading blocs: The United States, Europe and China.
The economic slowdown in developed countries and China still represents a major challenge for African countries, the IMF noted, predicting growth in Sub-Saharan Africa of 4.2 percent next year.
This is slightly better than the 3.6 percent growth expected this year.
E.Raimundo--PC