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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |