Middle East growth prospects dim on war's lasting scars

IMF cuts regional growth forecast amid blows to jobs, tourism and trade

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Israel's offensive has taken a heavy toll on the Gaza Strip. © Reuters

HIDEMITSU KIBE, Nikkei senior staff writer

DUBAI -- The widening conflict in the Middle East is having broad economic repercussions, according to the International Monetary Fund, which downgraded its growth forecast for the region in a report released Thursday.

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