The following article has been retrieved from the archive and no longer contains the original video.
The UK Chancellor Alistair Darling has gone back to school, trying to explain the global financial crisis to Britain’s children. In an interview, which appears in ‘First News’ aimed at those aged 7 to 14, Darling explains that while the economic problems are not child’s play, it is no where near as serious as previous recessions.
Charged with guiding the UK out of the choppy waters it finds itself in, Darling explains the consequences of the turmoil for children and their families. Yesterday, Prime Minister Gordon Brown mentioned the R word for the first time – admitting it was likely that Britain’s economic downturn would lead to recession. Brown is due to attend a global summit in the US next month to discuss ways of reforming the financial system.
Copyright © 2009 euronews
Top Stories & Breaking News


Fifth anniversary of Orange Revolution in Ukraine
Indonesian ferry sinks killing 29
Romanians vote in Presidential election
Azeri and Armenian presidents make progress over…
Worst Chinese coalmine accident since December…
Death toll rises in Turkey storms
Obama’s healthcare reform clears Senate hurdle
Suleiman flies a political kite
Williams conciliatory during Vatican visit
Agricultural anger: Spanish capital besieged by… 




