Statement on the Global Economy
British Chancellor of the Exchequer George Osborne addressed House of Commons members in a special session on the global economic outlook, f… read more
British Chancellor of the Exchequer George Osborne addressed House of Commons members in a special session on the global economic outlook, following the recent market losses, the eurozone financial crisis, and the downgrade of the U.S. credit rating. He defended Britain’s spending cuts bill and the banking system and reassured members that the British economy is predicted to grow this year. His remarks were followed by questions from members. close
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