Monday, November 17, 2014

David Cameron warns of new global economic crisis

David Cameron has said the world is on the brink of a second global economic disaster, six years after the crash that “brought the world to its knees”.

At the close of the G20 economic summit in Brisbane, the Prime Minister said that he saw “red warning lights” for the global economy, the result of international “instability and uncertainty” and the slowing of growth in emerging markets.

Writing in The Guardian, he said that while the UK had fastest growing economy in the G7 group of countries, it was impossible “insulate ourselves completely” from global disaster .... http://www.davidicke.com