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Gordon Brown, admitted today that the global economic crisis "is likely to cause recession in the UK
22 October 2008 @ 15:47

El primer ministro británico, el laborista Gordon Brown, admitió hoy que la crisis económica mundial "probablemente causará recesión" en el Reino Unido.

Brown reconoció esa posibilidad durante su comparecencia semanal ante la Cámara de los Comunes, presionado por el líder de la oposición conservadora, David Cameron.

El jefe del Gobierno se pronunció sobre ese asunto después de que el gobernador del Banco de Inglaterra, Mervyn King, reconociera este martes por primera vez que el Reino Unido "probablemente" entrará en recesión debido a la actual crisis financiera.

"Ahora parece probable que la economía del Reino Unido está entrando en una recesión", afirmó el gobernador durante un discurso pronunciado en Leeds (norte de Inglaterra).

King admitió la probabilidad de que el país sufra una recesión con el argumento de que la mezcla de dos factores, una caída de la disponibilidad crediticia y una disminución en la renta disponible de las familias, aumenta el riesgo de una bajada "pronunciada y prolongada" de la demanda interna.

El Producto Interior Bruto (PIB) del Reino Unido no registró en el segundo trimestre ningún crecimiento respecto a los tres primeros meses del año, y este viernes se conocerán los datos provisionales correspondientes al tercer trimestre.

Muchos analistas de la "City", el centro financiero de Londres, han vaticinado que el crecimiento del PIB será negativo por primera vez en dieciséis años. EFE

Machine translation

The British prime minister, the Labor Gordon Brown, admitted today that the global economic crisis "is likely to cause recession in the UK.

Brown acknowledged that possibility during his weekly appearance before the House of Commons, pressured by the conservative opposition leader, David Cameron.

The head of the Government ruled on the matter after the governor of the Bank of England, Mervyn King, acknowledged on Tuesday for the first time that the UK "probably" enter into recession because of the current financial crisis.

"It now seems likely that the UK economy is entering a recession," the governor said during a speech in Leeds (northern England).

King admitted the probability that the country suffered a recession with the argument that the combination of two factors, a drop in credit availability and a decrease in the disposable income of households, increases the risk of a fall "pronounced and prolonged" domestic demand.

The Gross Domestic Product (GDP) of the United Kingdom did not record any in the second quarter growth with respect to the first three months of the year, and this Friday will be known provisional data for the third quarter.

Many analysts of the "City", the financial center of London, has predicted that GDP growth will be negative for the first time in sixteen years. EFE


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1 Comments


abbbb1 said:
22 October 2008 @ 15:26

Could this mean that no-one in the government listens to the news or reads the newspapers?!!! Those two mediums keep saying that WE ARE IN A RECESSION!! No wonder ostriches are happy creatures!!

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