Greece. The ongoing debt problems threaten a deep recession on the continent that would be felt worldwide.
Specifically, officials from the G7 - the US, Britain, Canada, France, Germany, Italy and Japan - agreed to coordinate the response to the European crisis by helping the Spanish and Greek governments get their public finances to a more sustainable level, beyond current austerity steps. "It serves as a useful, action-forcing event," the US official said.
In addition to concerns over Europe, emerging markets such as Brazil, China, India and South Africa have seen growth declining recently.
Questions:
1. Where will G20 summit be held?
2. What date will it be held on?
3. What countries form the G7
Answers:
1. Mexico.
2. June 18 and 19.
3. US, Britain, Canada, France, Germany, Italy and Japan.
About the broadcaster:
Lee Hannon is Chief Editor at China Daily with 15-years experience in print and broadcast journalism. Born in England, Lee has traveled extensively around the world as a journalist including four years as a senior editor in Los Angeles. He now lives in Beijing and is happy to move to China and join the China Daily team.
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