Saudi Arabia’s finance minister warned geopolitics may be the single biggest concern for the world economy that’s already facing slower growth and elevated interest rates.
“Today, to me, geopolitical risks are possibly the No. 1 risk as you look at the global economy,” Mohammed Al-Jadaan said at a special edition of the World Economic Forum in Riyadh on Sunday. “Policymakers will need to be very agile in dealing with this,” he said, citing risks of protectionism in some parts of the world.