© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen addresses a information conference all the plot by a G20 finance ministers’ and Central Financial institution governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave//File Photo
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen acknowledged on Monday it used to be too early to speculate on the economic consequences of the Israeli-Palestinian conflict, and that the impact would depend on whether or no longer the conflict unfold to the wider region.
“We’re taking a stare upon the skill economic implications of the hostilities … Or no longer it’s too early to speculate on whether or no longer or no longer there will seemingly be essential consequences,” she told Sky News.
“I earn importantly it relies on whether or no longer the hostilities prolong beyond Israel and Gaza, and that’s the reason absolutely an consequence we would surely like to steer positive of.”
Asked whether or no longer the U.S. and the west might per chance per chance well additionally ranking the money for one other conflict at the present, Yellen acknowledged: “I earn the answer is occasionally. The United States can absolutely ranking the money for to stand with Israel and to strengthen Israel’s defense power wants, and we additionally can and must always strengthen Ukraine in its conflict against Russia.”