UK PM offers bleak assessment of global economic prospectsNovember 17, 2014 - 17:44 AMT PanARMENIAN.Net - Britain's Prime Minister David Cameron has offered a bleak assessment of global economic prospects, comparing potential troubles to red warning lights on a car's dashboard, the Associated Press reports. Writing in an op-ed piece in the Guardian newspaper after returning from the G-20 summit in Australia, Cameron said Monday that a lack of growth in Europe and conflicts in the Middle East and Ukraine add to the backdrop of instability. Cameron also suggested that austerity measures might not be loosened despite Britain's growing economy. The remarks come only weeks before his Autumn Statement on government spending. "As the global economy faces greater uncertainty, it is more important than ever that we send a clear message to the world that Britain is not going to waver on dealing with its debts," Cameron said. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |