G20: Brexit terrorism and weaken growth – The Republic

Beijing, July 24 – The leaders of the G20 countries are committed to use all available means to restart growth at a time when the global and ‘still weak recovery, and the global economy weigh the uncertainties arising from Brexit and the negative impacts of overproduction in some industrial sectors. And ‘the picture that emerges from the final communiqué of G20 finance Chengdu, in southwest China, which ends today, and which was attended by Minister Pier Carlo Padoan. ‘The global recovery continues but remains more’ weaker than desired ‘, say the leaders of the twenty largest economies in the world. The global landscape and ‘arduous’ risks remain in decline’, among which are cited the low commodity prices and low inflation in many economies. ‘The volatility’ in financial markets remains high, geopolitical conflicts, terrorism and the refugee flows continue to complicate the global economic landscape ‘, written by the financial leaders, who condemn’ in terms more ‘strong potential’ of the recent terrorist attacks. ‘We reaffirm our solidarity’ and our resolve in the fight against terrorism, in all its forms and wherever it occurs’. The commitment of financial leaders of the G20 and ‘to use’ all possible ‘(monetary means, fiscal and structural) to achieve the goal of a’ sustainable high growth, balanced and inclusive ‘, and the time to weave continue explore ‘options needed to support growth and to respond to potential risks’ cost. The Chengdu G20 also reaffirmed the ‘no’ to the competitive devaluations and to all forms of protectionism. Complicating the picture, and ‘speaking the vote in Britain, the protagonist of the’ discussions two days’ of Chengdu. The final communiqué of the G20 is a tendency, however, ‘not to emphasize concerns about the global economy resulting from the impact of the Great Britain European Union. In general, the countries of the G20 are ‘well positioned to actively address the potential economic and financial consequences of the referendum in Britain’, and ‘in the future we hope to see the UK as a close partner of the European Union’. .

( 24 July 2016 )

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