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Middle East crisis live: International warnings mount ahead of planned Rafah offensive

Netanyahu promises ‘safe passage’ to displaced civilians amid increasing alarm over the fate of more than a million people crammed in area

  • You can read more of our Israel-Gaza war coverage here

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said she was confident about the economic outlook despite uncertainties around war and geopolitics as the global economy has remained resilient.

In a speech at the World Governments Summit in Dubai, Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336bn in the Middle East, equivalent to the economies of Iraq and Libya combined.

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