World of risk facing the rapidly raskruchivayuschimsya process deglobalizatsii if the State from different parts of the world will coordinate their efforts to fight the global economic crisis. The statement was made by January 19, British Prime Minister Gordon Brown, said AFP.
According to Brown, no country in the world will not be able to cope with "a truly global crisis" on its own. "We need to solve problems together. Deglobalizatsiya accelerated by political decisions at the national level. Member financial protectionism may be as harmful as trade protectionism in the past," - he added.
Brown spoke at a press conference where he announced new measures to support the national banking system of Britain. The total amount of aid the banking sector the country should reach 200 billion pounds (295 billion dollars) in addition to 250 billion already allocated in October 2008.
Meanwhile, the economic situation in the world continues to deteriorate. On 19 January the European Commission forecast was made public that the economic decline in the euro zone in 2009 will be 1.8 percent. This will be the first since the introduction of pan-European currency, the year when the euro zone GDP will decline. At the same time in Japan in November was recorded drop in industrial orders by 16 per cent year on year.
In April 2009 the UK will host the summit of G20, the club, bringing together the major developed and developing countries in the world. The summit will discuss joint measures to combat the financial crisis. The previous such meeting, held in November in the U.S., had not yielded any significant results.
Wednesday, January 21, 2009
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