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McCann against Obama - how will affect the economy

Tuesday, November 4th, 2008

The new U.S. president who will take over one of the hottest positions in the world, must fight a number of problems. The credit crisis, collapse of Mortgage Market stabilization of the financial crisis, huge budget deficit and weakening labor market are only part of the emerging themes that are already out of control of U.S. authorities and showed interest worldwide.

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The costs of the crisis in the world could reach 2.8 trillion dollars

Wednesday, October 29th, 2008

Direct losses in the global economy as a result of this financial crisis will reach 2.8 trillion dollars, says the “Stabilization report of the Bank af Ingland. The financial institution twice increased its estimate of the amount of losses compared to its assessment, made in May.
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