Weekly Fundamantal Report2.03.2009

Warned the U.S. central bank (Federal Reserve) in the previous week, Bernanke Congress that unless the Government is pursuing appropriate policies, the recession experienced by the U.S. economy now has to continue in 2010.
But he also said that if the central bank and managed the administration of President Obama to restore a certain degree of financial stability, the year 2010 will be similar in the economy to recover.
Bernanke made these remarks to the Banking Commission of the Senate,
The official also warned that U.S. financial comprehensive nature of the current economic crisis is a serious threat to their influence on the movement of export.
U.S. President George W. Bush and Barack Obama in the past week to reduce by half the budget deficit he inherited from the former administration of President George W. Bush by 2013.
While the U.S. administration said that there was a need for a comprehensive restructuring to address the problems of the automotive sector in the United States.
The U.S. President Barack Obama on the pattern of the value of 75 billion dollars to help the long-awaited 9 million U.S. to repay mortgage loans.
The plan provides help to about five million Americans are about to stop payment on the mortgage loans due on them, in addition to the reduction of outstanding loans to about 4 million others and not to exceed 31% of the income of the borrower.
Obama stressed that the plan aims to help families who committed themselves to the rules set by the banks to borrow, do not include borrowers who have acted in an "irresponsible" as described
The GDP fell in Britain by 1.5 percent in the fourth quarter of 2008 after it had fallen 0.6 percent in the previous chapter.
This suggests that Britain will be in accordance with the standard has officially entered recession in the case due to the drop in the rate of economic growth for two consecutive days.
We are suffering from the financial crisis more severe and more impact on the real economy which would prove the fact that the last quarter of 2008 was the worst by the crisis, the euro zone, which affected more severely contracted separately in this quarter, and it is only just to prove the statements came within the European Central Bank in addition to the fact that the crisis had revealed the teeth to hit the levels of growth in the region.
In the euro area economies, which shrank considerably since 1995, the fourth was most severe in the recession, especially in the industrial economies, which were badly hit by the credit crisis, which flared up after the bankruptcy of Lehman Brothers, Bank of American, as a result of this damage reduced levels of demand and therefore reduce the volume of exports of these economies, prompting the companies to reduce costs through the demobilization of more employment in such harsh conditions.
The German economy largest economies of the region shrank dramatically to a rate of 2.1% is the largest contraction in nearly 20 years, and also the French economy shrank by 1.2%, an increase of contraction by 1.2% expected by the Central Bank of France, the French economy is not sliding into recession After a technical after he scored a low growth rate by 0.1% for the third quarter while the other major economies in recession sharply.
The economies of Europe to 27 countries extremely contracted by 1.5% in the fourth quarter, where GDP fell by 1.1%, but this slowdown which has occurred to these economies after the payment of the stability of the region, especially that these countries depend on exports and bilateral trade in milk, We find the impact on the British economy with an economy the size of the States of the European Union and only about 50%, thus the economy loses the only hope for royal support of its economy with the decline of exports other than the devaluation of property.
Germany approved a plan worth 50 billion Euros aimed at stimulating the economic system in the State with the largest economy in Europe.
The House of Representatives passed a German provincial governments, which represents the six years the plan.
The plan comes after an earlier plan and described the value of 23 billion Euros as a "very cautious".
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