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Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose

While the global economy shows signs of growth and decreasing inflation, the near future involves risks, including the escalation in the Middle East impacting oil prices, strained China-US relations, and an increasingly challenging tariff and trade environment, said Ayhan Kose, World Bank Deputy Chief Economist. He discussed the geopolitical tensions influencing the global economy with GZERO's Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a GZERO Global Stage interview. Kose also addressed the other major economic gathering happening this week: Russia’s 16th annual BRICS Summit in Kazan, Russia, largely seen as a counterweight to Western-led order. While acknowledging the widening economic and geopolitical divide, Kose emphasized the need for international cooperation. He expressed concern about “the increase in the number of protectionist measures and consequences of that for global trade.” Kose also emphasized the "urgent and important" need for World Bank member nations to continue to support development in poorer countries, a more difficult conversation today as many face their own economic headwinds and the world awaits the results of the 2024 US presidential election.


Watch more from Global Stage.

More from Global Stage

Can we use AI to secure the world's digital future?

How do we ensure AI is safe, available to everyone, and enhancing productivity? It’s a big topic at this year’s UN General Assembly. That’s why GZERO’s Global Stage livestream brought together leading experts at the heart of the action for “Live from the United Nations: Securing our Digital Future,” an event produced in partnership between the Complex Risk Analytics Fund, or CRAF’d, and GZERO Media’s Global Stage series, sponsored by Microsoft.

Is the Europe-US rift leaving us all vulnerable?

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AI for Good depends on global cooperation, says ITU's Doreen Bogdan-Martin

Doreen Bogdan-Martin, Secretary-General of the ITU, discusses the urgent global challenge of the widening digital divide in AI access and policy at the 2025 AI for Good Summit, in an exclusive Global Stage interview with GZERO's Tony Maciulis.

AI innovations that tackle the global refugee crisis

“Tech is a means to an end, not the end itself,” says Hovig Etyemezian, head of UNHCR’s Innovation Service. Speaking to GZERO's Tony Maciulis at the 2025 AI for Good Summit in Geneva, Etyemezian explains how technology is helping address one of the world’s most urgent challenges: the record number of forcibly displaced people. As conflicts rise and resources shrink, UNHCR is using data, AI, and digital tools to improve services and empower refugee communities, but only when designed with those communities, not for them.