EU extends anti-Russian sanctionsWorld June 28, 13:34
Russia starts design work on Priboy advanced helicopter carrierMilitary & Defense June 28, 13:29
Russian hi-tech firm to unveil concept of new corvette armed with 24 cruise missilesMilitary & Defense June 28, 13:21
Ukraine’s Internet association chief rules out Russia’s role in Petya ransomware attackWorld June 28, 13:03
Press review: Russia's 'Korean de-escalation' roadmap and India's balancing actPress Review June 28, 13:00
Defense Ministry refutes BBC reports on alleged capture of Russian serviceman in UkraineRussian Politics & Diplomacy June 28, 12:50
Pilot model of advanced marine engine to be built in near futureMilitary & Defense June 28, 12:41
Moscow alarmed at US remarks that Damascus may be ‘preparing chemical attack’Russian Politics & Diplomacy June 28, 12:37
Poll shows Russians see US and Ukraine as main sources of military threatSociety & Culture June 28, 11:52
LONDON, November 17. /TASS/. A new global financial crisis is looming, warned David Cameron, Britain’s prime minister, in an article published on The Guardian newspaper website as Brisbane G20 summit draws to a close.
“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy,” the head of the British government writes.
“As I met world leaders at the G20 in Brisbane, the problems were plain to see. The eurozone is teetering on the brink of a possible third recession, with high unemployment, falling growth and the real risk of falling prices too. Emerging markets, which were the driver of growth in the early stages of the recovery, are now slowing down.” Cameron said.
Among other threats to the global economy, he named stall in global trade talks, the epidemic of Ebola and the conflict in the Middle East
“Working through the agenda at the G20, it was clearer than ever how vital it is that we stick to our long-term plan at home,” concludes Cameron, meaning austerity budget and budget deficit cut.
He repeats that he considers policy to support growth by means of adding to borrowing or debt wrong. Cameron states in the article that the economic growth his country had seen proves that the government has been following the right course. But he warns that the British economy can be influenced by negative trends in global economy.