'Bit of pain' worth long-term security from Iran, Bessent tells BBC
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US Treasury Secretary Scott Bessent tells the BBC a "small bit of economic pain" is worthwhile for long-term international security. As the International Monetary Fund (IMF) warns the US-Israel war with Iran could plunge the global economy into recession, Bessent says the conflict was intended to eliminate the threat of Iranian nuclear strikes on Western capitals. "I wonder what the hit to global GDP would be if a nuclear weapon hit London... I am saying that I am less concerned a
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