Sarb’s Marcus calls for unified commitment to recovery from Western leaders


Gill Marcus, the governor of the South African Reserve Bank, on Tuesday said that unless policymakers in Europe and the United States settle their differences and commit to a cohesive strategy for growth, the global economy risked falling into recession.

In an address to the US Chamber of Commerce in South Africa, based in Johannesburg, Marcus said: “The global economy is on the brink of falling back into what could be a prolonged recession unless purposeful and coordinated action is taken

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