David Cameron Hails G20 Plan to Boost World Economy by $2 Trillion
David Cameron has hailed an agreement by the G20 economies, claiming it could deliver “extra jobs, extra growth and a boost to the world economy”.
The G20 group, meeting in Australia, signed up to a goal of lifting collective GDP by an additional 2pc by 2018, which if fully implemented is predicted to add 2.1pc - the equivalent of more than $2 trillion (£1.25 trillion) - to the global economy and create millions of jobs.
Mr Cameron said the gathering in Brisbane also sent a “very clear message” to Russian President Vladimir Putin of the unity between Europe and the US in demanding that he de-escalate the crisis in Ukraine or face tougher sanctions.
Mr Putin - who left the summit early, saying he needed to get back to Moscow in time to grab some sleep before going to work tomorrow - was left in no doubt that he stands at a “crossroads” in Russia’s relationship with the rest of the world, said the Prime Minister.
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