Arab Today, arab today cameron warns britains recovery faces real risk
Last Updated : GMT 04:39:19
Arab Today, arab today
Arab Today, arab today

Cameron warns Britain's recovery faces real risk

Arab Today, arab today

Arab Today, arab today Cameron warns Britain's recovery faces real risk

British PM David Cameron
London - AFP

Prime Minister David Cameron on Sunday warned Britain's economic recovery faced a "real risk" from instability in the world economy fuelled by Middle East unrest, Ebola, Ukraine and stalled trade talks.
In an article on The Guardian website that will appear in Monday's edition of the newspaper after the G20 summit, Cameron said that "red warning lights are once again flashing on the dashboard of the global economy".
He also said the eurozone was "teetering on the brink of a possible third recession" and pointed to "a dangerous backdrop of instability and uncertainty" in the world economy.
"Wider problems in the global economy pose a real risk to our recovery," he said, adding: "We cannot insulate ourselves completely but we must do all we can to protect ourselves from a global downturn".
Growth of the British economy slowed in the third quarter of this year, with gross domestic product (GDP) rising 0.7 percent between July and September from output in the previous three months.
The economy had expanded by 0.9 percent during the second quarter, and by 0.7 percent in the first quarter.
But despite the slowdown, the British economy still looks more dynamic than the eurozone, where growth is sluggish and deflation threatens.
According to the European Commission's autumn economic forecast, output in Britain will grow by about 3.1 percent this year, higher than a previous prediction of 2.7 percent, then 2.7 percent next year and 2.5 percent in 2016.
That contrasts with 0.8 percent for the 18-country eurozone, which is lower than a previous prediction of 1.2 percent.
The Bank of England last week trimmed its forecast for British growth, citing economic strains in the neighbouring eurozone.
It forecast that GDP would expand 2.9 percent next year, down from a previous estimate of 3.0 percent.
The BOE still expects expansion of 3.5 percent this year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron warns britains recovery faces real risk Arab Today, arab today cameron warns britains recovery faces real risk

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron warns britains recovery faces real risk Arab Today, arab today cameron warns britains recovery faces real risk

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday