Cameron: EU Teetering on Brink of Recession

The video discusses global economic issues, focusing on the UK's commitment to its deficit plan despite global growth concerns, China's significant step in financial market liberalization with a new trading link between Hong Kong and Shanghai, and Japan's unexpected recession, which may lead to a delay in the planned tax increase.

What was the UK's stance on its economic strategy despite warnings of global slowdown?

• To cut public spending drastically

• To increase taxes immediately

• To continue with its deficit plan

• To abandon its deficit plan

What significant event occurred between the Hong Kong and Shanghai stock exchanges?

• A major stock market crash

• A merger of the two exchanges

• The opening of a new trading link

• The closure of the Shanghai stock exchange

How did investors react to the new trading link between Hong Kong and Shanghai?

• They ignored the new trading link

• They sold off Shanghai shares

• They bought more Hong Kong shares

• They heavily invested in Shanghai shares

What economic condition did Japan unexpectedly face?

• An increase in GDP

• A stable economic phase

• A return to recession

• A period of rapid growth

What might Prime Minister Shinzo Abe consider delaying due to Japan's economic situation?

• The introduction of a new currency

• A major infrastructure project

• The next tax increase

• A new trade agreement