In U.K., Slump Poses Challenge To Support for an Open Economy

Just like in America, The U.K is undergoing a deep recession as well. And according to this article it doesn't look good for the Italian workers, because they are the focus of the wildcat strikes last month by an estimated 2000 workers at power plants and refineries across the U.K.

Mortgage Bailout to Aid 1 in 9 U.S. Homeowners

Just like I said in my other post I do sincerely believe Obamas administrations plans can help, but in reality not just 1 man can change everybodies problems, him and his team must work together for there to be a change in the American homes because at this point to some some homeowners, Obama is there last hope and at the same time they have nothing to lose at this moment.

New Fears As Credit Markets Tighten Up

I totally agree with what the analysts are saying about the governments. Without the governments bailout plans, the markets will continue to plummet down causing a decrease and serious issure within the economy.

U.S. to Push for Global Stimulus

The Europeans are being angered and upset about the risks taken place throughout the economy. If I were the Europeans I would be angered as well , because now U.S are pressing the global world leaders around the world to spend and lift the global economy. It would help if the Europeans of course would participate, but the country has its own problems as well by focusing on Regulation at G-20 summit.

Obama Seeks to Snap Gloom

I believe President Obama has what it takes to rebuild this country from its economy and make it a stronger nation. No I don't believe he can take on this difficult task by himself, but can be one of the major characters of completing the task. I believe his policies will help, but at the same time frustrate citizens through these hard difficult times. With President Obamas couraged words, plan and policies I believe American can get back up from its feet.

Twin Crises Feed the Spiral

I agree with the U.S Federal Reserve Chairman Ben Bernanke. I know that we as the United States are in a deep recession that will take some time to heal. I do agree with Mr. Bernanke that there is hope for an economic recovery in the year 2010, but I also believe that there will be a full recovery that may take 2-3 years.