Video: Brown tells the world about Fightback

PRIME minister Gordon Brown is today adopting lessons he learned in Suffolk in calling the world to fight back against the recession.

PRIME minister Gordon Brown is today adopting lessons he learned in Suffolk in calling the world to fight back against the recession.

At yesterday's G20 summit, Mr Brown said the world had come together to fight back against the economic downturn with a trillion-dollar rescue bid.

His phrase echoes The Evening Star's Fightback campaign which was launched to support businesses in the county that are thriving despite problems in the economy.

On his recent visit to Ipswich, Mr Brown backed the paper's campaign, claiming it was important to emphasise the positive points in the midst of the economic crisis.


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He said at the time: “We must not ignore the good news that is emerging - and that is where the Fightback campaign is so welcome.

“Ipswich is a very dynamic town and while it is going to be affected by the recession, there are some really positive signs here - and your campaign is certainly proving very good at emphasising them.”

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The key plank of the deal reached at the G20 summit is an injection of 1.1 trillion dollars of additional resources for the International Monetary Fund (IMF) and other international institutions - the biggest increase in their history, according to Mr Brown.

He said that in all, the combined measures taken by countries in response to the crisis would represent a global five trillion-dollar budget injection by the end of next year.

Following the summit, Mr Brown hailed a “new world order”, saying said: “This is the day that the world came together to fight back against the global recession, not with words but with a plan for global recovery and reform.

“Today's decisions, of course, will not immediately solve the crisis, but we have begun the process by which it will solved.”

US president Barack, who was due to fly out of Britain today, was effusive in his praise for Mr Brown's chairmanship, and branded the outcome “a turning point in our pursuit of global economic recovery”.

There had been fears of tensions with French president Nicolas Sarkozy and German chancellor Angela Merkel. However in the end both proclaimed themselves satisfied, having secured tough curbs on tax havens and hedge funds.

Do you think the deal will work? Write to Your Letters, Evening Star, 30 Lower Brook Street, Ipswich, IP4 1AN, or e-mail eveningstarletters@eveningstar.co.uk.

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