- CNTV English - CCTV News

Live cross: How will deficit affect world economy?

06-28-2010 18:41 BJT Special Report: Hu Visits Canada, Attends G20 Summit |

Watch Video

Play Video

To discuss the G20 Summit in Toronto, we're now joined by Professor Duncan Freeman, who is in Brussels, Belgium.

Q1. Hello, Professor. Thanks for joining us. At the just concluded G20 summit, world leaders pledged to slash government deficits in the most industrialized nations in half by 2013. So how will this affect the balance of the international economy?

Q2. G20 Leaders agreed last year to introduce new bank rules by the end of 2012 to prevent a repeat of the financial crisis. But at the summit, they've laid to rest any plans to introduce a common tax on banks. Why have they come to this decision?

Q3. The European debt crisis has caused financial panic in the rest of the world, and it was one of the key issues during the G20 summit. It seems that the US and many European countries are at odds over whether stimulus packages should be maintained. What's behind the difference in opinions?

Editor:Du Xiaodan |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program