Mark Carney warns on Brexit, global trade threats

Synopsis

Chris thanks the Financial Times for hosting the event in Frobisher Hall, which is named after Sir Martin Frobisher, an English navigator from the 16th century. Frobisher is known for exploring Canada's Eastern Arctic in search of new trade routes, although he did not find them. His remains are buried in St. Giles in the Fields Church, while his heart and entrails are located in St. Andrews in Plymouth. Frobisher is particularly famous in Canada, where Frobisher Bay is named after him, and the capital of Nunavut, Iqaluit, is situated on this bay. Nine years ago, the G7 was hosted in Iqaluit, coinciding with the start of the euro crisis. Chris highlights the interconnectedness of global events, noting that while the UK focuses on Brexit, the world continues to engage with broader economic issues.