🌍 Bank of England Calls for Global Teamwork to Protect the Economy
Andrew Bailey, the head of the Bank of England and new chair of the Financial Stability Board, says countries must work together to keep the global financial system safe.
He shared this message with G20 leaders, warning that:
No country can stay financially strong on its own
Risks like wars, climate change, and unstable markets affect everyone
Fast action and teamwork are needed to avoid another crisis
His main point: in today’s world, what happens in one place can shake up the whole system. So it’s time to focus more on international cooperation.
The world’s economy depends on strong connections—not just strong countries.