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Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.
My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.
New Zealand obviously is fully integrated into the global economy.
The global economy is in pretty good shape.
We're grappling with the same issue facing all advanced economies - how to revive growth and distribute its fruits more fairly. An America that can tackle that problem head-on can perhaps help revive a stagnant global economy.
Even as China's growth slows, it will continue to be a powerhouse for the global economy.
The role of G-20 is to support the global economy to achieve strong, sustainable and balanced growth.
So, there is enormous instability in the global economy with a shift of winners and losers.
We got into a recession because the global economy went into the recession and we're a big exporting nation.
