Signalpost

The G20 contries asambled

The fireign ministers of the G20 countries have been asambled to discuss what to do aboute the financial crisis. They have however found it rather hard to agree on a joined solution on the problems. There has been so many suggestions as to how this crisis should be solves, the same number of solutions are cousing disagreement.

Bad bankloans

These fancy parties are presently meeting in the southern England and some of them have been expressing that they belive that buying up bad bankloans would be the best and most effective solution to the financial situation. read more aboute wether the G’20 countries would be able to safe the economy here

The promise of the finance

There must be a better track of finances in the U.S. The promise of the Secretary of Treasury, Timothy Geithner – but it is just not a thing that you do just like that.

Cut off half

Geithner promises that Obama’s government is determined to cut off half of the American Govenment deficit over the next four years. Geithner said that the current financial year will end with a deficit of 1,750 billion. U.S. dollars, representing 12.3 per cent. of the U.S. gross domestic product. read more aboute Geithner’s speech here

Psychology is very important

The American economy has been going extremely slow just as it has been the case all over the rest of the world. This is why president Obama’s rising popularity is a real gain for the US, believes the recognized economist Robert Wescott.

The consumer confidence rock bottom

The American consumer is completely down in rock bottom. Nearly half of Americans are afraid of losing their jobs, and Obama, it is thus crucial to reverse the mood and get people to spend money, so there may come once again in the growth and the negative spiral can be broken. read more aboute what psychology can do to the american economy

“We’ll let you go”

Firing slips fly around the ears of people in the winter cold. Be it in Europe but also in the east and especially in the west, where U.S. companies have cut down greatly in his team.

Will Obama be able to work wonders?

Since Barack Obama’s election victory in November, the U.S. firms fired more than 728,152 employees. Not surprisingly, it is gone for the worst in the financial sector, but firing rounds frames but across the board. read more aboute the optimism in the american economy?

Vicious spiral

The Russian economy goes from bad to worse. Treasury now expects a decline in gross domestic product in 2009 to 2.2 percent. From an earlier forecast of 0.2 percent. in negative growth. It says Russia’s Deputy Economics Minister Andrei Klepach, according to Bloomberg News.

Had high hopes

In the autumn forecast was positive, with different expectations of up to 6 percent. in growth in 2009, but has only gone one way – downwards. Eventhough Russia fare from is hte only large economy in the world, that is experiencing the crisis coming closer, it is extra tough on this fragile economy read more aboute the Russian economy here

Will the demand on oil keep incresing?

While many expect the consumption of oil and production of the same black energy will increase, said the French oil giant Total CEO that the top is almost reached. It writes the Financial Times.

Unable to become more effective

Christophe de Margerie, Head Total, does not believe that the world will ever be able to extract more than 89 million. barrels of oil a day, a marginal increase from levels around 84 million. barrels today. The background is high production costs and political problems in oil rich countries like Iraq and Iran. read more aboute the Oil company Total here

On TV

The Russian president, Dmitry Medvedev, has been taken away from the boned floors in the Ministry of the Kremlin in order to address the Russian people in a new way. Through a TV show the president is trying to show that he takes the economic crisis seriously.

Declining oil revenues

The Russian economy is struggling with sharply declining revenues from oil production, a costly defense of the weakened ruble and economic slowdown, pointing to negative growth. Politicians have been criticized from several sides, that one has done too little to counter the financial crisis.

A new angle on pr

Medvedev is now trying to do something about. In a new television show Russians see their president in a somewhat different way than it Authoritarianism people are accustomed to. Medvedev sitting at a coffee table in a library-like space and small talk’er with the journalist.

Up close

It was not just in the subject election that Medvedev was trying to get close to the Russians. Even in physical appearance, the TV camera is very close to the president during the interview, which the Russians are not accustomed to from the government.

Harms the security

The global economic crisis is the biggest threat to American security, and a quarter of all countries have experienced at least a bit of instability because of the states in a new report from U.S. intelligence services.

Will al-Qaeda run free

In the annual report on the assessments of the threats to stability and security states also that al-Qaeda leadership has been weakened over a year ago. The retired Admiral Dennis Blair, who is Head of the national intelligence, says that Al Qaeda continues to plan attacks against the West and is believed to have special focus on Europe.

Can’t follow-up in Pakistan

Blair says that pressure from the U.S. and its allies against al-Qaeda leadership in Pakistan and the network’s setbacks in Iraq have resulted in an impairment. “But security has also deteriorated in Afghanistan and the situation may not improve until Pakistan win control over its border to the country,”.

North Korea

The report states that it will be difficult to persuade Iran to abandon its controversial nuclear program. About North Korea says that the communist state probably will only use nuclear bombs, if Kim Jong-ils regime threatened its survival.

Obama got the majority in the senate

Thoday the new president Obama managed to get the majority in the senate in favor of his new financial supporting package, that is going to let out billions into the American sociaty. Money that Obama and his fellow politiciens are hoping will make the wheels of the economy spin.

Obama showed his worth

President Obama has during these negotiations with the senate showed his co-piliticiens all together with the rest of the world, that he knows his game. He has played on the genuien felling of desperation in the American populaiton, that something needs to be done to get some jobs to the people. read more aboute Obama’s strength in Washington here

Is Germany showing the picture of the future?

Exports from Europe’s biggest economy, Germany, fell again in December and continues to trend from November. Exports plummeted 3.7 percent. compared with November, when exports fell 10.8 per cent throughout. – The largest drop ever.

Is the fear greater than the danger?

The figure was slightly better than the minus 4 percent. As economists had feared, writes the news agency Bloomberg.The new figures reinforces the picture of an economy in serious problems. read more aboute the serious financial situation in Germany here