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Renewed hot conflict queers the global economic pitch

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Kia ora.

Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from interest.co.nz.

Today we lead with news the oil price, and benchmark interest rates have both risen on the renewed tensions between the US and Iran.

But first today, the IMF has updated its global economic forecasts, and they are virtually unchanged from the main release in April. They note the world economy’s stronger-than-expected resilience to the…

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