Medvedev uses Russian TV show to crisis management
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.
The US fears the financial crises the most
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’s financial package going through
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
Dive in German exports suggests major recession
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
Economists: U.S. employment in free fall
No job for you today my friend…
Almost 600,000 Americans lost jobs in January. The depressing figures, the second biggest jump in the number of unemployed in a month to paint a picture of a U.S. employment in free fall, said economists.
Tough conditions
The soft labor market is a mirror image of the economy’s overall condition, there is still catastrophically low, says the finding by the chief Jacob pond from Sydbank. “Economic growth is strongly negative and the mood of both consumers and businesses are at the lowest levels in decades. The large decline in employment makes a quick turnaround in the economy quite unlikely,” says Jacob pond in a comment. read more aboute the loosing of jobs in the US
U.S. aid package to a vote Tuesday
The rubel degraded once again
Another round of degrading
Yet another rating agency has swung the wip over Russia, lowering the rating of the country’s finances. This is the second time in a short while that a rating agency has lowered the rating of Russia’s finances. Russia is the only menber of the G8-club, that has experienced that the rating was influenced negativly by the financial crises.
The foreign currency reserve has shrunk
It is the rating agency Fitch who this time has lowered the rating, but as mentioned, they are not the first to rate the country negatively, as the rating agency Standard & Poors did so aswell in december. read more aboute the negative rating of the rubel here
Key numbers from the US lifts the stockmarket
Bad news…
For a long time there has been nothing but bad news, bad news but all of a sudden there is good news. The latest key numbers from the US has managed to lift the stock market. This positive news was needed, as it arrived this afternoon, as a rapport showed that the numbers of production rose more than expected.
The ISM-index
The so-called ISM-index went up from 32,9 in december till 35,6. The financial expert had only expected a rise till 32,5, which was marginal in comparason to the 32,4, which the numbers of december ISM-index was estimated to. read more aboute the ISM-index here
Will Obama’s package go through?
The package
President Obama has taken steps to safe American economy. He wants to pass a financial package with a value of 825 billion $, that is supposed to safe the American economy. The wolrd’s biggest economy is in knees, and it needs a magic touch to get back on a stedy course.
Will it get passed?
Obama is dependent on the support of the house of repræsentatives. Obama does himself believe that the bill will get passed, and one could wonder if any member of the Rebublic party would dare not to support this bill. I mean, who wants to be the one, who caused that the American economy to not get back on its feet. read more aboute Obamas financial package here
Obama’s new finance package
Dark times
There os no doubt that the US has gone through some tough times lately, experiencing that thousands have lost their jobs making them unable to make a living for themselves and their families. This is also why Barack Obama today promised make a difference by introducing his financial pacakage.
The package
Obama’s package is going to create new jobs and to inprove the healthcare system. Obama did today give his first radio spech as the american President, and he pledged the american people to support his gigantic conjecture package reaching 825 billion dollars. Obama needs the support of the population to carry this plan through – and he knows it. read more aboute the Obamas financial package here