WORLD ECONOMY 2009: RECESSION OR DEPRESSION?..GULP!

October 8, 2008
IMF Says World Economy Heading for `Major Downturn' (Update2)

via Bloomberg.com:

 

DEAR READER:

BESIDES READING TODAY’S TOP WORLD ECONOMIC EVENTS AND COMMENTS ON THIS “BLOG” PLEASE DON’T FORGET TO CHECK ON THE RIGHT-SIDE COLUMN (MY “OTHER BLOG”) THE LATEST NEWS AND ANALYSIS OF THIS GLOBAL CRISIS, WHILE I UPDATE THIS ONE.

THANKS FOR YOUR PATIENCE! 


POLICY MAKERS: DON’T MESS WITH THE MARKETS!

November 21, 2008

DEAR READERS:

I’M SENSING A LOT OF CONFUSION AND SEEING MANY DESPERATE AND PANICKY ACTIONS AMONG THE WORLD’S MOST PROMINENT ECONOMIC POLICY MAKERS. I TELL THEM THIS: STICK AND TRUST TO WHAT YOU HAVE LEARNT IN COLLEGE: RESPECT THE MARKETS WHILE YOU TRY TO SOFTEN THIS CRISIS’ EFFECTS ON PEOPLE (DEFEND YOUR CONVICTIONS VS YOUR BOSSES, THESE BEING MINISTERS, PRESIDENTS OR PMs., CONGRESS OR PARLIAMENT, MEDIA, ETC. OTHERWISE RESIGN) RECOGNIZING THAT THESE ARE TESTING TIMES, THE COUNTRIES THAT ARE GOING TO END UP BETTER POSITIONED FROM IT  ARE THE ONES THAT REJECTED THE SEEMINGLY EASIER BUT ABSURDLY COSTLIER SHORT-TERM POPULIST SOLUTIONS AND EMBRACED STOICALLY THE MOST SENSIBLE ONES. THUS, IF YOU ARE SINCERELY COMMITTED TO SEE THE WORLD OUT OF THIS TROUBLE BUT DOUBTFUL THAT SOME PAINFUL THOUGH RATIONAL COURSE OF ACTION IS THE BEST DECISION TO MAKE, THEN TRUST YOUR INSTINCTS (INTELLECTUAL INTUITION) FOUNDED ON THE ADVANCEMENT OF HUMAN KNOWLEDGE WHICH HAS BEEN THOROUGHLY EMBEDDED EVEN IN YOUR HUMBLEST AND MOST BASIC MODERN ECONOMICS TEXT BOOKS DURING THE PAST DECADES AND….. MAKE THAT DECISION. YOU ARE RIGHT NOW RESPONSIBLE FOR THE WELL-BEING OF SO MANY HUMAN LIVES. PLAY IT SMART! MARX, KEYNES ARE DEAD AND A WHOLE NEW AND BETTER WORLD IS WAITING FOR US!—- DON’T MESS WITH THE MARKETS!….   J. CNN


EURO-ZONE DEFIES FRIEDMAN BREAKUP FORECAST!

December 8, 2008

Trichet’s Economy Hits Friedman’s Bump, Defies Breakup Forecast

via Bloomberg.com: Worldwide.


YES TO FREE FINANCIAL MARKETS? CASE POINT: BRAZIL!

December 15, 2008

Brazil May Cut Rate Next Month, Morgan Stanley Says (Update1)

via Bloomberg.com: Latin America.


FREE OR TIGHTLY REGULATED FINANCIAL MARKETS?..YOU DECIDE!

December 23, 2008

—-º—-

I’m for free financial markets, Why? ….Please check and join “the present debate” clicking on the “Recent Comments” section on the upper right side column of this blog.  

—-º—-


MILTON FRIEDMAN WOULD BE DISTURBED BY TODAY’S CRITICS!

December 24, 2008

Friedman Would Be Roiled as Chicago Disciples Rue Repudiation

via Bloomberg.com: Exclusive.


CAPITALISM IS WORST SYSTEM EXCEPT FOR THE REST!..YES!

December 30, 2008

Capitalism Is Worst System Except for the Rest: Caroline Baum

via Bloomberg.com: Opinion.


THE YEAR AHEAD!…CHECK IT OUT!

January 5, 2009

CHINA IN 2009!..RISKY?

January 5, 2009

CHINA BECOMES 3th-BIGGEST ECONOMY!..PASSES GERMANY!…WHAT?

January 14, 2009

China Passes Germany to Become Third-Biggest Economy (Update3)

via Bloomberg.com: Economy.


BEIGE BOOK: US ECONOMY SLOWED NATIONWIDE!..(update 1)

January 15, 2009

Fed Says Economy Slowed Nationwide, Hurt by Retail (Update1)

via Bloomberg.com: Economy.


ECB’S TRICHET EURO VISION:…UNRAVELLING?

January 16, 2009

Trichet’s Vision Unravels as Investors Shun Italy, Spain Debt

via Bloomberg.com: Economy.


JAPAN FINANCIAL MARKETS “DETERIORATE RAPIDLY”!…AWFUL!

January 16, 2009

Shirakawa Says Harder for Companies to Sell Debt (Update1)

via Bloomberg.com: Economy.


JAPAN ECONOMY DETERIORATED IN ALL 9 REGIONS!…AWFUL!

January 16, 2009

BOJ Says Economy Deteriorated in All Nine Regions (Update2)

via Bloomberg.com: Economy.


CHINA’S ECONOMY FACES “HARD LANDING”!…REALLY?

January 16, 2009

China’s Economy Faces 2009 ‘Hard Landing,’ Fitch Says (Update2)

via Bloomberg.com: Economy.


NORTH KOREA: ENOUGH PLUTONIUM FOR 6 NUCLEAR BOMBS!…WHAT?

January 18, 2009

OBAMA TO RESTORE CONFIDENCE!…REALLY?

January 19, 2009

Obama to Evoke King and Kennedy in Effort to Restore Confidence

via Bloomberg.com: Worldwide.


CHINA GDP GROWTH: ..SLOWEST IN 7 YEARS?

January 19, 2009

China GDP Growth May Cool to Slowest Pace in 7 Years (Update1)

via Bloomberg.com: Worldwide.


THE WEEK AHEAD: WORLD POLITICS, ECONOMY!..CHECK IT OUT!

January 19, 2009

MR OBAMA: I WISH YOU THE BEST!…AGENDA THIS WEEK!

January 19, 2009

MR OBAMA: I WISH YOU THE BEST!….AGENDA OF THE WEEK (UPDATE 1)

January 19, 2009

MY OPINION:

—–
The fact that Mr. Obama becomes the official leader of the 
richest, most powerful and ideologically most influential nation (in terms of Democratic Advancement, Immigration Background, Human Capital, Innovation and Corporate Governance) in the World is, incontestably by itself, one of the most wonderful events in Human Rights’ History. Let’s hope he will be up to the awesome task as well,  if just?  for the sake of global security and a healthier international economic development.

MR. OBAMA: I WISH YOU THE BEST!

Best Regards and Thanks for Visiting!  (It would also be great to read from you on this subject)

J CNN

Please check this week’s complete economic agenda and crisis analysis, clicking on the link below!

THE WEEKLY GLOBAL INVESTOR.


EURO-AREA: DEEPEST SLUMP IN 10-YEAR HISTORY?…AWFUL!

January 20, 2009

EU Sees Euro Area in Deepest Slump in 10-Year History (Update3)

via Bloomberg.com: News.


EUROPE 2009: ..SUBSTANTIALLY WORSE THAN FORECAST!

January 20, 2009

Trichet Says 2009 Will Be ‘Substantially’ Worse Than Forecast

via Bloomberg.com: News.


CHINA….WORST UNEMPLOYMENT IN DECADES?

January 20, 2009

China Faces Worst Unemployment in Decades as Slowdown Deepens

via Bloomberg.com: Economy.


OBAMA, OBAMA TO FACE: ECONOMIC TRAUMA, WARS!…AWFUL!

January 20, 2009

Obama Carries Weight of Economic Trauma, Wars Into Inauguration

via Bloomberg.com: Worldwide.


EUROPE:..DÉBAT SUR LES DÉFICITS!

January 20, 2009

Débat sur les déficits au sein des Vingt-sept

via Débat sur les déficits au sein des Vingt-sept – Le Monde.fr.


US STOCKS: DOW”S WORST INAUGURATION DAY EVER!…SHOCKING!

January 20, 2009

U.S. Stocks Slide in Dow’s Worst Inauguration Day (Correct)

via Bloomberg.com: Worldwide.


OBAMA FULFILLS CIVIL-RIGHTS HOPES!

January 20, 2009

Obama Fulfills Civil-Rights Generation’s Aspirations (Update1)

via Bloomberg.com: Worldwide.


EURO: À L’ÉPREUVE!

January 20, 2009

L’endettement met à l’épreuve la cohésion de la zone euro

via L’endettement met à l’épreuve la cohésion de la zone euro – Economie – Le Monde.fr.


EURO MAY TOUCH $1.10!…REALLY?

January 21, 2009

Euro May Fall 15% Against Dollar as Lending Dries Up, BNP Says

via Bloomberg.com: Currencies.


JAPAN “SEVERE” RECESSION MAY LAST 3 YEARS!..WHAT?

January 21, 2009

Japan’s ‘Severe’ Recession May Last Three Years, Yoshikawa Says

via Bloomberg.com: Economy.


CHINA GROWTH SLOWEST IN 7 YEARS!…RISKY?

January 22, 2009

China’s Economy Grows 6.8%, Slowest Pace in 7 Years (Update3)

via Bloomberg.com: Worldwide.


OBAMA SWORN IN AGAIN!..AGAIN?..YES, AGAIN AFTER HISTORIC ERROR!

January 22, 2009

Obama Sworn in Again After Error in the Oath at Inauguration

via Bloomberg.com: News.


CHINA IS MANIPULATING YUAN!

January 22, 2009

China Is ‘Manipulating’ Yuan, Geithner Tells Congress (Update4)

via Bloomberg.com: Worldwide.


S&P 500 TO SLUMP ANOTHER 40% ON CHINA RECESSION!

January 23, 2009

Roubini, Edwards Predict Slump in S&P 500 on China (Update1)

via Bloomberg.com: Worldwide.


CHINA SLOWDOWN TO DEEPEN!

January 23, 2009

China’s Slowdown Is Set to Worsen as Recession Pummels Exports

via Bloomberg.com: Economy.


NO-ONE CHALLENGING EURO CREDIBILITY?

January 24, 2009

Trichet Says No-One Is Challenging Euro Credibility, Solidity

via Bloomberg.com: Currencies.


US ECONOMY: THE WEEK AHEAD!..GULP!

January 25, 2009

Slump Probably Deepened as Credit Froze: U.S. Economy Preview

via Bloomberg.com: Worldwide.


CURRENCY RESERVES NOT ENOUGH TO DEFEND CURRENCIES!..RIGHT!

January 26, 2009

Noyer Says Reserves No Longer Enough to Protect Currencies

via Bloomberg.com: Currencies.


CURRENCY RESERVES NOT ENOUGH TO PROTECT CURRENCIES!..(UPDATE 1)

January 27, 2009

Noyer Says Reserves No Longer Enough to Protect Currencies

via Bloomberg.com: Currencies.


MEXICO 2009: …¿RECESIÓN CON INFLACIÓN?…GREAT!

January 27, 2009

ACTUALIZA 5-Economía mexicana se contraería en 2009: b.central

via ACTUALIZA 5-Economía mexicana se contraería en 2009: b.central | Titulares | Reuters .


RUSSIA’S PUTIN, CHINA’S WEN:..”COCKY” NO MORE?..DAVOS!

January 28, 2009

Putin and Wen, ‘Cocky’ No More, Pay Davos Price for Recession

via Bloomberg.com: Currencies.


KEEP THE BANKING SYSTEM… PRIVATE!..YES!

January 28, 2009

Geithner Says ‘Range of Options’ Considered for Banks (Update2)

via Bloomberg.com: Worldwide.


LA CROISSANCE MONDIALE TOMBERA À 0.5%!..GULP!

January 28, 2009

La croissance mondiale tombera à 0,5 % cette année, selon le FMI

via La croissance mondiale tombera à 0,5 % cette année, selon le FMI – Economie – Le Monde.fr.


FMI: EURO….EN DOUTE?

January 28, 2009

La croissance mondiale tombera à 0,5 % cette année, selon le FMI

via La croissance mondiale tombera à 0,5 % cette année, selon le FMI – Economie – Le Monde.fr.


IMF: EURO AT RISK?

January 28, 2009

UPDATE 3-IMF warns on euro zone stability risk, cash reserves

via UPDATE 3-IMF warns on euro zone stability risk, cash reserves | Markets | US Markets | Reuters .


US FED KEPT RATE AND IS READY TO BUY TREASURIES!..WOW! (UPDATE 5)

January 29, 2009

Fed Keeps Rate Near Zero, Is Ready to Buy Treasuries (Update5)

via Bloomberg.com: News.


EURO: LA GRÈCE: TALON D’ACHILLE?

January 29, 2009

UN NOUVEAU BRETTON-WOODS? NO, WE CAN’T!

January 29, 2009

Un nouveau Bretton-Woods ? No, we can’t!

via DéCHIFFRAGES – Blog LeMonde.fr.


EURO IN DANGER!…”SOROS”

January 29, 2009

Soros Says Euro in Danger If EU Fails to Act, Standard Reports


JAPAN’S WORST RECESSION?..PRODUCTION SLUMPS, JOBLESS UP!

January 30, 2009

Japan Heads for Worst Postwar Slump as Output Tumbles Update2


US ECONOMY FALLS FASTEST SINCE 1982!

January 30, 2009

U.S. Economy: GDP Shrinks at Fastest Pace Since 1982 (Update1)

via Bloomberg.com: Worldwide.


STRONG POUND…WEAK EURO?….WHAT?

January 30, 2009

Pound Posts Record Monthly Gain Against Euro as Mortgages Rise

via Bloomberg.com: Currencies.


US ECONOMY THIS WEEK!..JOBLESS UP, UP?

February 1, 2009

Joblessness Probably Rose to 16-Year High: U.S. Economy Preview

via Bloomberg.com: Worldwide.


RUBLE TUMBLES: BREAKS RUSSIA’S TARGET!…WHAT?

February 2, 2009

Ruble Weakens Below Central Bank’s Target Rate of 36 Per Dollar

via Bloomberg.com: Worldwide.


FRANCE S’INQUIÈTE DE L’EURO!

February 2, 2009

Paris s’inquiète de la fragilité de la zone euro, par Arnaud Leparmentier

via Paris s’inquiète de la fragilité de la zone euro, par Arnaud Leparmentier – L’économie en crise – Le Monde.fr.


CITIGROUP: NATIONALIZATION GROWING BETS?

February 3, 2009

Citigroup Leads Tumble in Hybrid Bonds on Nationalization Bets

via Bloomberg.com: Worldwide.


GOLD PRICE TO DOUBLE?..US DEPRESSION?…REALLY?

February 3, 2009

Sprott Says U.S. Depression Will Boost Gold Price (Update1)

via Bloomberg.com: Worldwide.


YEN MAY RISE TO $80 A DOLLAR!..REALLY?

February 4, 2009

Yen May Rise to 80 a Dollar Unless Japan Intervenes, RBS Says

via Bloomberg.com: Currencies.


CHINA: BOTTOMING OUT?…REALLY?

February 4, 2009

China’s Surge in Lending Weakens Case for Rate Cuts (Update1)

via Bloomberg.com: Economy.


UK RECESSION TO LAST ALL 2009!

February 4, 2009

British Economy Will Shrink Until Fourth Quarter, Niesr Says

via Bloomberg.com: Economy.


G-7 MAY CALL FOR YUAN FLEXIBILITY NEXT WEEK!…AGAIN?

February 4, 2009

Utsumi Says G-7 Nations May Reinstate Call for Yuan Flexibility

via Bloomberg.com: Economy.


ECONOMIC “DEPRESSION” ?….ALREADY?

February 7, 2009

Advanced Economies ‘in Depression,’ Worse May Come, IMF Says

via Bloomberg.com: Worldwide.


GM, CHRYSLER..TO BE FORCED INTO BANKRUPTCY?

February 9, 2009

GM, Chrysler May Be Put Into Bankruptcy to Protect U.S. Loans

via Bloomberg.com: Worldwide.


EURO TROUBLE CONTINUES: CONCERN OVER SPAIN, ITALY, GREECE, PORTUGAL, IRELAND

February 9, 2009

European Finance Chiefs See ‘Worrying’ Trends in Bond Markets

via Bloomberg.com: Worldwide.


US BANK FAILURES MAY REACH 1,000!…AWFUL!

February 9, 2009

Bank Failures May Reach 1,000 on Bad Loans, RBC Says (Update2)

via Bloomberg.com: Worldwide.


RUSSIA’S BANKS SEEK GOVERNMENT IN DEBT TALKS!

February 10, 2009

Euro Falls as Russian Banks Seek Government Role in Debt Talks

via Bloomberg.com: Worldwide.


CHINA’S INFLATION SLOWS TO 1%!

February 10, 2009

China’s Inflation Slows to 1%, Producer Prices Tumble (Update1)

via Bloomberg.com: Economy.


US SENATE APPROVES $838 BILLION STIMULUS PACKAGE!…BRAVO!

February 10, 2009

U.S. Senate Approves $838 Billion Stimulus Package (Update1)

via Bloomberg.com: Worldwide.


CHINA’S EXPORTS, IMPORTS FAAAALL!

February 11, 2009

China Exports Fall by Most in 13 Years, Imports Drop by Record

via Bloomberg.com: Worldwide.


WORLD CRISIS FACES “SECOND WAVE”!

February 11, 2009

Pimco Says World Economic Crisis Faces ‘Second Wave’ (Update3)

via Bloomberg.com: Economy.


CHINA NEEDS US GUARANTEES FOR TREASURIES!…WEIRD?

February 11, 2009

China Needs U.S. Guarantees for Treasuries, Yu Says (Update1)

via Bloomberg.com: News.


OBAMA’S STIMULUS: …NOT ENOUGH?

February 12, 2009

GLOBAL CONFIDENCE WEAKENS AS SLUMP DEEPENS!…GULP!

February 12, 2009

Global Confidence Weakens as Slump Deepens, Job Losses Mount

via Bloomberg.com: News.


CHINA: SIGNS OF RECOVERY?…REALLY?

February 13, 2009

China’s Economy Shows Signs of Recovery on Stimulus Update3


PESO MEXICANO:…¿SEGUIRÁ CAYENDO?

February 13, 2009

ANALISIS-Peso mexicano seguirá cayendo, pese a intervención

via ANALISIS-Peso mexicano seguirá cayendo, pese a intervención | Negocios | Reuters .


G-7 THIS WEEKEND!…G-20 BETTER VS CRISIS?..REALLY?

February 13, 2009

G-7 Takes ‘Back Seat’ as Financial Crisis Pushes G-20 to Fore

via Bloomberg.com: Economy.


EUROPE CONTRACTS MOST IN 13 YEARS!..WHAT?

February 13, 2009

Europe’s Economy Contracts Most in at Least 13 Years (Update1)

via Bloomberg.com: Economy.


US STOCKS DROP ON CONCERN OVER BANKS!

February 13, 2009

U.S. Stocks Drop on Concern Over Bank Losses; Wells Fargo Falls

via Bloomberg.com: Worldwide.


G-7 VOWS TO RESTORE CONFIDENCE IN BANKS!

February 13, 2009

G-7 Vows To Restore Confidence in Bank System, World Economy


CONGRESS APPROVES OBAMA’S $787 BILLION STIMULUS PACKAGE!

February 14, 2009

Congress Sends Obama $787 Billion Economic Stimulus Package

via Bloomberg.com: Worldwide.


G-7: “SEVERE” WORLD ECONOMIC DOWNTURN WILL PERSIST!

February 14, 2009

Geithner Reassures G-7 on Bank Plan, Is Urged to Act (Update1)

via Bloomberg.com: Worldwide.


JAPAN SHRINKS MOST SINCE 1974 OIL SHOCK!

February 16, 2009

Japan’s GDP Shrinks 12.7%, Most Since 1974 Oil Shock Update3


GOLD UP, UP, UP!

February 17, 2009

Gold Jumps to 7-Month High as Investors Seek to Preserve Wealth

via Bloomberg.com: Worldwide.


EURO, TRICHET BEHIND THE ZERO-RATE WORLD CURVE!

February 17, 2009

Zero-Rate World Puts ECB’s Trichet Behind Bund Curve (Update1)

via Bloomberg.com: Worldwide.


JAPAN GOES FROM BEST TO WORST!..WHAT?

February 17, 2009

Japan Economy Goes From Best to Worst on Export Slump (Update1)

via Bloomberg.com: Economy.


SOME EURO STATES MAY NEED BAIL OUT!..WHAT?

February 17, 2009

Steinbrueck Says Euro States May Bail Out Members (Update2)

via Bloomberg.com: Currencies.


ORO SUBE, SUBE, SUBE!

February 17, 2009

METALES PRECIOSOS-Oro sube a máximo 7 meses por compras refugio

via METALES PRECIOSOS-Oro sube a máximo 7 meses por compras refugio | Titulares | Reuters .


PESO MEXICANO ¡EN MÍNIMOS HISTÓRICOS!

February 17, 2009

Peso México en mínimo histórico de cierre, temores economía EEUU

via Peso México en mínimo histórico de cierre, temores economía EEUU | Titulares | Reuters .


CHINE: 20 MILLIONS DE MIGRANTS SANS TRAVAIL!..UNCROYABLE!

February 17, 2009

HUNGARY, POLAND, CZECH….: DOWNGRADES LOOM!

February 18, 2009

Downgrades Loom for Hungary, Poland, Czech Bonds, Yields Show

via Bloomberg.com: Worldwide.


UNITED STATES: MORE MONEY PLEASE!

February 18, 2009

Greenspan Says U.S. May Not Be Doing Enough to Promote Recovery

via Bloomberg.com: Currencies.


MERKEL, SARKOZY MAY FACE BAILOUT OF NATIONS…. NOT JUST BANKS!…WHAT?

February 18, 2009

Germany, France May Face Bailout of Nations, Not Just Banks

via Bloomberg.com: Economy.


US FED CUTS 2009 GROWTH FORECAST!

February 18, 2009

G-8 DISCUSSING BANK NATIONALIZATIONS?…WHAT?

February 19, 2009

Berlusconi Says G-8 Discussing Bank Nationalizations (Update1)

via Bloomberg.com: Economy.


A “SOVEREIGN” MAY “CRACK” AMID CRISIS!.. ROUBINI!

February 19, 2009

Roubini Says a ‘Sovereign’ May ‘Crack’ Amid Crisis (Correct)

via Bloomberg.com: Economy.


EUROPEAN CENTRAL BANK…CONFUSED?

February 20, 2009

ECB At a Loss on Additional Steps as Rates Fall to Record Low

via Bloomberg.com: Worldwide.


EUROPE SERVICES, MANUFACTURING SHRINK AT RECORD PACE!…AWFUL!

February 20, 2009

Europe Services, Manufacturing Shrink at Record Pace (Update1)

via Bloomberg.com: Economy.


MÉXICO BOND RISK TOPS BRAZIL!…WHAAAT?

February 20, 2009

Mexico Bond Risk Tops Brazil First Time Since 2001 on Drug War

via Bloomberg.com: Currencies.


ZONE EURO: NOUVELLE BAISSE DES INDICES PMI!..PLUS BAS RECORD!

February 20, 2009

Nouvelle baisse des indices PMI de la zone euro, plus bas record

via Nouvelle baisse des indices PMI de la zone euro, plus bas record – Le Monde.fr.


MEXICO PESO SINKS!

February 20, 2009

Mexican Bonds Plunge After Smaller-Than-Expected Rate Reduction

via Bloomberg.com: Latin America.


GOLD $1,000, GOLD, $1,000, GOLD $1,000!…WOW!

February 20, 2009

Gold Tops $1,000, Highest Since March, as Global Equities Slide

via Bloomberg.com: Bonds.


MÉXICO CUTS RATE 0.25%, LESS THAN EXPECTED!

February 20, 2009

Mexico Bank Cuts Key Lending Rate Less Than Forecast (Update2)

via Bloomberg.com: Latin America.


ORO EN $1,000…ORO EN $1,000…ORO EN $1,000!….WOW!

February 20, 2009

METALES PRECIOSOS-Oro sube a más 1.000 dlr por compras refugio

via METALES PRECIOSOS-Oro sube a más 1.000 dlr por compras refugio | Titulares | Reuters .


OBAMA BANK NATIONALIZATION?..REALLY?

February 23, 2009

Obama Bank Nationalization Is Focus of Speculation (Update1)

via Bloomberg.com: Worldwide.


G-20 CHALLENGED: MORE GLOBAL FINANCIAL REGULATION?

February 23, 2009

Europe Challenges G-20 to Back More Global Regulation (Update1)

via Bloomberg.com: Worldwide.


L’EUROPE DE L’EST!..BOMBE POUR L’EURO?

February 23, 2009

L’Europe de l’Est, bombe à retardement pour l’euro

via L’Europe de l’Est, bombe à retardement pour l’euro – Economie – Le Monde.fr.


YEN…HAVEN NO MORE?

February 24, 2009

Yen Falls to 12-Week Low Against Dollar as Haven Allure Weakens

via Bloomberg.com: Worldwide.


LA SUISSE SE DÉCHIRE SUR SON SECRET BANCAIRE!

February 24, 2009

US RECESSION: ..WORST IN 3 DECADES?

February 24, 2009

U.S. Recession Worst in Three Decades, Business Economists Say

via Bloomberg.com: Economy.


POUND SLIDE MAY JEOPARDIZE UK!…REALLY?

February 25, 2009

LE PIB ALLEMAND CHUTE DE 2.1%!

February 25, 2009

Le PIB allemand chute de 2,1% au 4e trimestre

via Le PIB allemand chute de 2,1% au 4e trimestre – Le Monde.fr.


UK GDP SHRINKS 1.5%, MOSTSINCE 1980!

February 25, 2009

U.K. Economy Shrinks Most Since 1980 on Spending Drop (Update1)

via Bloomberg.com: Worldwide.


JAPAN’S EXPORTS PLUMMET RECORD 45.7%!

February 25, 2009

US BERNANKE SPURNS BANKS NATIONALIZATION!

February 25, 2009

Bernanke Spurns Outright U.S. Control of Banks in Rescue Plan

via Bloomberg.com: Economy.


MÉXICO: ¡DESEMPLEO EN 5%!

February 25, 2009

US BANKS HAVE 6-MONTH DEADLINE!

February 25, 2009

U.S. Sets a 6-Month Deadline for New Bank Capital (Update2)

via Bloomberg.com: Worldwide.


MÉXICO’S PESO: ¿DEFENDIBLE?

February 25, 2009

ANALISIS-Banco central México aún tiene margen para defensa peso

via ANALISIS-Banco central México aún tiene margen para defensa peso | Titulares | Reuters .


JAPAN RECESSION MAY DEEPEN!

February 26, 2009

Japan’s Recession May Deepen After Exports Drop Record 45.7%

via Bloomberg.com: Economy.


JAPAN IS DETERIORATING MORE THAN EXPECTED!

February 26, 2009

BOJ’s Noda Says Economy Worsening More Than Expected (Update3)

via Bloomberg.com: Economy.


JAPAN RECESSION DEEPENS AS OUTPUT PLUNGES!

February 27, 2009

Japan Recession Deepens as Factory Output Plunges by Record 10%

via Bloomberg.com: Worldwide.


ASIA STUMBLES AS GLOBAL SLUMP HITS EXPORTS!

February 27, 2009

Asia’s Economies Stumble as Global Slump Hits Exports (Update1)

via Bloomberg.com: Worldwide.


DOLLAR SOLE REFUGE?…EURO, SWISS FRANC, YEN…NO ALTERNATIVES?….WHAT?

February 27, 2009

Dollar Sole Refuge as Traders Have ‘No Alternatives’ (Update1)

via Bloomberg.com: Currencies.


EASTERN EUROPE TO GET $31 BILLION AID!

February 27, 2009

HUNGARY WANTS $230 B AID PACKAGE FOR EASTERN EUROPE!

February 27, 2009

Hungary Seeks $230 Billion Package for Eastern Europe (Update2)

via Bloomberg.com: Worldwide.


CITIGROUP RESCUED!…AGAIN?

February 27, 2009

Citi Gets Third Rescue as U.S. Plans to Raise Stake (Update3)

via Bloomberg.com: Worldwide.


EURO-AREA RISKS BREAKUP ON BANK WOES!…REALLY?

February 27, 2009

Euro Area Risks Breakup, Subprime Bear Hayman Says (Update1)

via Bloomberg.com: Currencies.


UNITED STATES SHRANK (GDP) 6.2%!…OOOPS!

February 27, 2009

U.S. Economy: GDP Shrinks 6.2%, More Than Estimated (Update1)

via Bloomberg.com: Worldwide.


US ECONOMY “IN SHAMBLES” FOR 2009!…GULP!

March 1, 2009

Buffett Says Economy Will Be ‘In Shambles’ for 2009 (Update1)

via Bloomberg.com: Worldwide.


VOLATILITY INDEX:.. BEAR MARKETS LASTING UNTIL 2011?…AWFUL!

March 2, 2009

VIX Premium Shows Bear Market Lasting 2 Years on Trader ‘Panic’

via Bloomberg.com: Worldwide.


EASTERN EUROPE: ..NO BAIL-OUT!…WHAT?

March 2, 2009

European Union leaders decline to bail-out eastern Europe

via No bail-out for eastern Europe | Ailing in the east | The Economist.


EUROPEAN UNION SPURNS CALLS FOR EASTERN EUROPE AID!…WHAT?

March 2, 2009

EU Spurns Calls for Eastern Aid, Carmaker Bailout (Update1)

via Bloomberg.com: Economy.


EUROPE MANUFACTURING CONTRACTS AT RECORD PACE!

March 2, 2009

European Manufacturing Contracts at Record Pace (Update1)

via Bloomberg.com: Economy.


LE G20, TROP TÔT, TROP TARD?

March 2, 2009

FIXING THE EURO?…WHAT?

March 2, 2009

Crisis Spawns Drive to Fix Euro With More Rules, Ties (Update1)

via Bloomberg.com: Economy.


L’UE: PAS DE PLAN D’AIDE À L’EUROPE DE L’EST?

March 2, 2009

L’UE ne devrait pas lancer de plan d’aide à l’Europe de l’Est

via L’UE ne devrait pas lancer de plan d’aide à l’Europe de l’Est – Economie – Le Monde.fr.


BLACK MONDAY!…STOCKS DROP WORLDWIDE!..BLACK MONDAY!..DOW BELOW 7,000?

March 3, 2009

Stocks Drop Worldwide, Treasuries Gain on Concern About Economy

via Bloomberg.com: Worldwide.


US FED ORPHANIDES TAKES ON EUROPE TRICHET!…WHY?

March 3, 2009

Orphanides Takes On Trichet Over ECB Go-Slow Rate-Cut Policies

via Bloomberg.com: Economy.


CHINA PUSHED FOR ECONOMIC DISCLOSURE!

March 3, 2009

Beijing pushed for economic disclosure

via FT.com / China – Beijing pushed for economic disclosure .


US FINANCIAL RESCUE MIGHT COST MORE!…MUCH MORE?

March 3, 2009

Geithner Says U.S. Financial Rescue ‘Might Cost More’ (Update3)

via Bloomberg.com: Worldwide.


MEXICO PESO REBOUNDS ON IMF OFFER!..WHY?

March 3, 2009

Mexico’s Peso Rises on Bets IMF to Offer More Flexible Loans

via Bloomberg.com: Currencies.


DOLLAR NEAR HIGHEST SINCE 2006 ON SAFE HAVEN DEMAND!

March 3, 2009

Dollar Near Highest Since 2006 as Bernanke Spurs Refuge Demand

via Bloomberg.com: Currencies.


FRANCE: LA DETTE S’APPROCHERAIT DE 80% DU PIB FIN 2010!

March 3, 2009

IS AUSTRALIA HEADING FOR 1ST RECESSION IN 2 DECADES?

March 4, 2009

Australian Economy Shrinks for First Time in 8 Years (Update3)

via Bloomberg.com: Currencies.


WORLD!…UNITE ON STIMULUS PLAN!…PLEASE?

March 4, 2009

Brown Will Urge World to ‘Seize Moment,’ Unite on Stimulus Plan

via Bloomberg.com: Worldwide.


GM, CHRYSLER: …MORE MONEY POR FAVOR!

March 4, 2009

GM, Chrysler Sales Pressure U.S. to Provide Aid or Risk Failure

via Bloomberg.com: Worldwide.


US ECONOMY WEAKENED FURTHER: THE BEIGE BOOK!

March 4, 2009

U.S. Economy Weakened in January, February, Fed Says (Update2)

via Bloomberg.com: Economy.


EUROPEAN UNION CRISIS BUDGET VS SPECULATORS?..WHAT?

March 5, 2009

US DEEPER SLUMP WARNING!…WHAT?

March 5, 2009

Geithner Warns of Deeper Slump, Seeking Backing for Bank Rescue

via Bloomberg.com: Worldwide.


MÉXICO 2009: PRONÓSTICO ECONÓMICO

March 5, 2009

 

¿QUÉ PASARÁ CON MÉXICO EN EL 2009?

HAGA CLICK EN EL SIGUIENTE LINK (RENGLÓN) POR FAVOR

———

MÉXICO 2009

———


CITIGROUP STOCK FALLS BELOW $1!…WHAT?

March 5, 2009

Citigroup Stock Below $1 as Investor Faith Erodes (Update1)

via Bloomberg.com: Worldwide.


L’EUROPE ABAISSE SON TAUX DIRECTEUR À UN NIVEAU INÉDIT!

March 5, 2009

USA: LE PIRE N’EST JAMAIS SÛR!

March 5, 2009

EUROPE MAY CUT RATES FURTHER!

March 6, 2009

Trichet Indicates ECB May Cut Interest Rates Further (Update3)

via Bloomberg.com: Economy.


UK CUTS RATES TO ALMOST ZERO!…WOW!

March 6, 2009

Bank of England Cuts Rates, Starts Asset Purchases (Update7)

via Bloomberg.com: Economy.


EUROPE CUTS RATE TO RECORD LOW AS ECONOMY SINKS!

March 6, 2009

ECB Cuts Rates to Record Low as Economy Sinks, Job Losses Mount

via Bloomberg.com: Economy.


CHINA’S ECONOMY: TRANSPARENCY IS NOT THE ANSWER!…YES SIR!

March 6, 2009

China faces daunting problems, but Wen Jiabao makes it clear that transparency is not the answer

via Wen Jiabao, China’s prime minister, paints a grim picture of the economy | Yes, prime minister | The Economist.


BANK OF ENGLAND IS …”GROPING IN THE DARK”!

March 6, 2009

BOE’s King ‘Groping in the Dark’ as U.K. Expands Money Supply

via Bloomberg.com: Currencies.


CHINA TO KEEP YUAN STABLE!…POSSIBLE?

March 6, 2009

China to Keep Yuan Stable, Policy ‘Moderately Loose’ (Update1)

via Bloomberg.com: Currencies.


CHINA’S ZHOU PLEDGES HEAVY-HANDED ECONOMIC POLICIES VS CRISIS!

March 6, 2009

Zhou Pledges Fast, Heavy-handed Policies for China (Update1)

via Bloomberg.com: Asia.


FRANCE: LA DETTE PUBLIQUE S’ENVOLE!

March 6, 2009

La dette publique s’envole, l’UMP et le PS continuent de s’opposer sur la relance

via La dette publique s’envole, l’UMP et le PS continuent de s’opposer sur la relance – Politique – Le Monde.fr.


OBAMA TO LIFT BAN ON EMBRYONIC STEM CELL FUNDING!

March 6, 2009

Obama to Lift Ban on Embryonic Stem Cell Funding, Official Says

via Bloomberg.com: Worldwide.


FED TO “FORCEFULLY” DEPLOY ALL TOOLS TO REVIVE US ECONOMY!

March 8, 2009

Bernanke Says Fed to ‘Deploy All Tools’ for Economic Revival

via Bloomberg.com: Worldwide.


US ECONOMY THIS WEEK (AGENDA)!..GULP!

March 8, 2009

Retail Sales Probably Fell in February: U.S. Economy Preview

via Bloomberg.com: Worldwide.


THIS WEEK’S WORLD AGENDA (MARCH 09 — MARCH 13)

March 8, 2009

AHEAD OF  THE CURVE! 

UPCOMING THIS WEEK: POLITICS AND ECONOMY: —EVENTS THAT MAY MOVE GLOBAL FINANCIAL MARKETS(Update 1 of 3)— 

(March 09 — March 13, 2009)—Outstanding Events That May Move Global Financial Markets:

–º–

WORLD MARKETS--Bloomberg Confidence Index (11)--Dollar Recovery, Possible?, ––Oil, Gasoline and Food Prices-NORTH AMÉRICA: ***United States: Wholesale Inventories (10); ABC Consumer Confidence (10); Mortgage Applications (11); Monthly Budget Statement (11); Retail Sales (12); Business Inventories (12); Trade Balance (13); Imports Inflation (13); U. of Mich. Confidence (13);     ;  México: Inflación de Febrero (09); Balanza Comercial (10); Inversión Fija Bruta (11);  Canada: Unemployment Rate (13); Trade Balance (13);;—–EUROPE;; Britain: Retail Sales (10); Manufacturing Production (10); GDP Estimate (11); Trade Balance (11);; Switzerland: Unemployment Rate (09); SNB Rate Decision (12);; Euro-Zone: Investor Confidence (09); ECB Monthly Report (12); Industrial Production (12);   France: Industrial Production (10);Bank of France Business Confidence (12);Germany: Producer Prices (Year on Year) (Sunday 08); Producer Prices (Month on Month) (09); Inflation (10); Trade Balance (10); Current Account (10); Industrial Production (12);   Italy: GDP (12);  ;ASIA, PACIFIC: —Japan: Current Account (Sunday 08); Trade Balance (Sunday 08); Bank Lending (Sunday 08); Bankruptcies (09); Eco Watchers Survey: Outlook (09); Machine Tools Orders (10); Machine Orders (10); Corporate Goods Inflation (10); GDP (11); Net Buying of Japan and Foreign Bonds (11); Industrial Production (13); Consumer Confidence (13); Australia; Business Confidence (10); Leading & Coincident Index (10); Consumer Confidence (10);  Investment Lending (11); Consumer Inflation Expectation (12); Unemployment Rate (12);  New Zealand: Business Confidence (09); Terms of Trade Index (10); RBNZ Rate Decision (12); Retail Sales (12);    ;  

–º–

 

OUTSTANDING: (March 06, 2009)

— Markets: Bloomberg Global Confidence Index;  United States: Treasury, Budget; Retail Sales; Consumer Sentiment, Trade Balance. Euro-Zone: ECB Monthly Economic Report; Germany: Industrial Production;  Japan: GDP; United Kingdom GDP Estimate;Switzerland; SNB Rate Decision; New Zealand: RBNZ Rate Decision; Italy: GDP; México: Inflación de febrero.—

SUNDAY 08: 

—–

Euro-Zone: Investor Confidence 

Japan: Trade Balance

Switzerland: Unemployment Rate 

—–

MONDAY 09:

—–

Japan: Eco Watchers Survey

México: Inflación de febrero

—–

TUESDAY 10:

—–

Germany: Trade Balance; Current Account

Japan: Machine & Machine Tool Orders 

France: Industrial Production; Business Confidence

Australia: Business Confidence; Leading & Coincident Index 

México: Balanza Comercial

—– 

WEDNESDAY 11:

—–

Euro-Zone: ECB Monthly Economic Report; Industrial Production 

Japan: GDP

United Kindom: GDP Estimate; Trade Balance

México: Inversión Fija Bruta  

—–

THURSDAY 12:

—–

United States: Retail Sales

Germany: Industrial Production

Switzerland: SNB Rate Decision

Italy: GDP

Australia: Unemployment Rate

New Zealand: Rate Decision

—–

FRIDAY 13:

—–

United Sates: Trade Balance 

Japan: Industrial Production; Consumer Confidence 

Canada: Unemployment Rate; Trade Balance 

—–

SATURDAY 14:

—–

—–

SUNDAY 15: 

—–

 

—-

—–


MEXICAN PESO TO TUMBLE FURTHER?

March 9, 2009

Worst Mexican Peso to Tumble 17% as Deficits Grow, Says Ramirez

via Bloomberg.com: Currencies.


LA BANQUE MONDIALE PRÉDIT UN LOURD DÉFICIT DES PAYS ÉMERGENTS!

March 9, 2009

La Banque mondiale prédit un lourd déficit des pays émergents

via La Banque mondiale prédit un lourd déficit des pays émergents – Le Monde.fr.


CURRENCY DEFENSE DROPS ON RINGGIT, WON ON EXPORTS!

March 9, 2009

Currency Defense Drops on Ringgit, Won on Exports (Update1)

via Bloomberg.com: Worldwide.


GLOBAL ECONOMY TO SHRINK 1st TIME SINCE WWII.:WORLD BANK

March 9, 2009

Global Economy to Shrink First Time Since WWII, World Bank Says

via Bloomberg.com: Worldwide.


BANQUES: LE SCÉNARIO DE LA NATIONALISATION!

March 9, 2009

Banques : le scénario de la nationalisation

via Banques : le scénario de la nationalisation – Economie – Le Monde.fr.


BANKS: IS IT TIME TO KILL THE BIG ONES?

March 9, 2009

Time to kill the big banks?

via Time to kill the big banks? – Mar. 9, 2009 .


EUROPE…. ECONOMIC UNCERTAINTY!

March 9, 2009

EU growth prospects ‘highly uncertain’

via FT.com / Brussels – EU growth prospects ‘highly uncertain’.


US UNEMPLOYMENT TO 9.4% IN 2009 ?

March 10, 2009

U.S. Unemployment Rate to Reach 9.4% This Year, Survey Shows

via U.S. Unemployment Rate to Reach 9.4% This Year, Survey Shows – Bloomberg.com .


WORLD ECONOMY 2009: GROWTH BELOW ZERO: IMF !

March 10, 2009

IMF Says World Economy Will Contract in 2009 (Update1)

via IMF Says World Economy Will Contract in 2009 (Update1) – Bloomberg.com .


CHINA: DEFLATION?

March 10, 2009

GLOBAL CAPITALISM: A SURVIVAL PLAN?

March 10, 2009

A survival plan for global capitalism

via FT.com / In depth – A survival plan for global capitalism.


CHINA: CONSUMER DEMAND SLUMPS!

March 10, 2009

Consumer demand slumps in China

via Consumer demand slumps in China – CNN.com.


WORLD DEPRESSION DYNAMIC TAKES HOLD!

March 10, 2009

Depression Dynamic Ensues as Markets Revisit 1930s (Update2)

via Depression Dynamic Ensues as Markets Revisit 1930s (Update2) – Bloomberg.com .


CHINA’S YUAN: HOT MONEY RUNNING AWAY?…WHAT?

March 10, 2009

Yuan Needs 3% Gain to Stop Exit of ‘Hot Money,’ Researcher Says

via Yuan Needs 3% Gain to Stop Exit of ‘Hot Money,’ Researcher Says – Bloomberg.com .


CHINA’S EXPORTS PLUNGE 25.7%!

March 11, 2009

US CONGRESS SENDS $410 BILLION SPENDING BILL TO OBAMA FOR SIGNING!

March 11, 2009

Congress Sends $410 Billion Spending Bill to Obama for Signing

via Congress Sends $410 Billion Spending Bill to Obama for Signing – Bloomberg.com .


FED’S GREENSPAN DIDN’T CAUSE HOUSING BUBBLE!

March 11, 2009

Fed’s Rate Policy Didn’t Cause Housing Bubble, Greenspan Says

via Fed’s Rate Policy Didn’t Cause Housing Bubble, Greenspan Says – Bloomberg.com .


BRAZIL MAY SLASH RATES AFTER ECONOMY CONTRACTS!

March 11, 2009

Meirelles May Cut Brazil Interest Rate to 11.25% After GDP Drop

via Meirelles May Cut Brazil Interest Rate to 11.25% After GDP Drop – Bloomberg.com .


RUSSIA “NOT YET ON BRINK” OF DOWNGRADE? …WHY?

March 11, 2009

Russia ‘Not Yet on Brink’ of Downgrade, Moody’s Says (Update1)

via Russia ‘Not Yet on Brink’ of Downgrade, Moody’s Says (Update1) – Bloomberg.com .


LE DOLLAR RESTE MALGRÉ TOUT LA MONNAIE DE RÉFÉRENCE!

March 11, 2009

GLOBAL CONFIDENCE DROPS AS ECONOMIES CRUMBLE!

March 12, 2009

Global Confidence Drops as Economies Crumble, Bailouts Needed

via Global Confidence Drops as Economies Crumble, Bailouts Needed – Bloomberg.com .


L’ÉCONOMIE MONDIALE DEVRAIT SE CONTRACTER DE 1 À 2% EN 2009!

March 12, 2009

Zoellick voit l’économie mondiale baisser de 1 à 2% en 2009

via Zoellick voit l’économie mondiale baisser de 1 à 2% en 2009 – Le Monde.fr.


CHINA’S INDUSTRIAL PRODUCTION SLUMPS!

March 12, 2009

China Industrial-Output Growth Slows as Exports Slide (Update2)

via China Industrial-Output Growth Slows as Exports Slide (Update2) – Bloomberg.com .


CHINA WORRIED ON SAFETY OF US TREASURIES!

March 13, 2009

GOLDMAN: WORLD TO SHRINK 1%!..AWFUL!

March 13, 2009

Goldman Cuts Forecast, Sees Global Economy Shrinking 1% in 2009

via Goldman Cuts Forecast, Sees Global Economy Shrinking 1% in 2009 – Bloomberg.com .


LA CHINE AU-DESSOUS DE LA BARRE FATIDIQUE DES 8% DU PIB EN 2009?

March 13, 2009

La Chine prête à de nouvelles mesures de soutien à son économie

via La Chine prête à de nouvelles mesures de soutien à son économie – Asie-Pacifique – Le Monde.fr.


G-20: BATTLING FOR LIFE!..WHAT?

March 13, 2009

G-20 Shifts Regulation Focus as Economy Struggles (Update1)

via G-20 Shifts Regulation Focus as Economy Struggles (Update1) – Bloomberg.com .


VOLATILITY INDEX: BIGGEST WEEKLY FALL IN 2009!…WOW!

March 13, 2009

VIX Falls to 42.36 in 2009’s Biggest Weekly Drop as Stocks Rise

via VIX Falls to 42.36 in 2009’s Biggest Weekly Drop as Stocks Rise – Bloomberg.com .


MÉXICO: ¿CÓMO VA HOY?…Viernes, Marzo 13, 2009

March 13, 2009

MERCADOS MEXICANOS-¿Qué dicen los analistas? 13 de marzo

via MERCADOS MEXICANOS-¿Qué dicen los analistas? 13 de marzo | Titulares | Reuters .


PESO MEXICANO: ¡BUENA SEMANA!..WHY?

March 13, 2009

ACTUALIZA 1-Peso mexicano cierra positivo por Afores y subasta

via ACTUALIZA 1-Peso mexicano cierra positivo por Afores y subasta | Titulares | Reuters .


US STOCKS CAP BIGGEST WEEKLY ADVANCE SINCE NOVEMBER!..BRAVO!

March 13, 2009

U.S. Markets Wrap: Stocks Advance as Humana Gains, Oil Falls

via U.S. Markets Wrap: Stocks Advance as Humana Gains, Oil Falls – Bloomberg.com .


CHINA ASKS: US DEBT SAFE?..OBAMA SAYS YES!

March 13, 2009

Obama Aides Try to Reassure China on Treasury Debt (Update1)

via Obama Aides Try to Reassure China on Treasury Debt (Update1) – Bloomberg.com .


MÉXICO: ¿QUÉ VA A PASAR? Agenda (marzo 16–20, 2009)

March 14, 2009

MERCADOS MEXICANOS-Atentos a cifras EEUU y política monetaria

via MERCADOS MEXICANOS-Atentos a cifras EEUU y política monetaria | Negocios | Reuters .


ESTADOS UNIDOS: ¿QUÉ VA A PASAR ESTA SEMANA?..Agenda (marzo 16 — 20, 2009)

March 14, 2009

Acciones EEUU se enfrentan al miedo próxima semana, pese a alzas

via Acciones EEUU se enfrentan al miedo próxima semana, pese a alzas | Negocios | Reuters .


G-20 PLEDGES “SUSTAINED EFFORT” TO RESTORE GROWTH, CLEAN UP TOXIC ASSETS!..POSSIBLE?

March 14, 2009

Euro, Krona May See ‘Bounce’ Next Week From G-20, JPMorgan Says

via Euro, Krona May See ‘Bounce’ Next Week From G-20, JPMorgan Says – Bloomberg.com .


IMF BAIL OUT FUNDS MAY BE DOUBLED!..WOW!

March 14, 2009

IMF Bailout Pool May Be More Than Doubled, G-20 Officials Say

via IMF Bailout Pool May Be More Than Doubled, G-20 Officials Say – Bloomberg.com .


WORLD CRISIS: WEEKLY WRAP-UP! (MARCH 09 — 13, 2009)

March 14, 2009
  

*****

 

 

WORLD CRISIS WEEKLY WRAP-UP!
  

*****

 

 

(Update 1 of 3)
Is it possible that the worst of this crisis has already ended?. Financial Markets were mostly positive in this respect, with the lower volatility index underlining all the optimism (see the story below please). I think however that the damage is done and a recovery is still very far from our global regulators  reach, notwithstanding the fiscal and monetary expansionary steps they have taken! 
What is your conclussion from this week’s selected news (below)?
  

  • BRAZIL SHRANK 3.6% 4TH Q 2008 WORST Q IN DECADE. 
  • S. KOREA-US YEARLY MILITARY EXERCISES, N. KOREAWARNED OF A NUCLEAR WAR.
  • OBAMA APPROVED US PUBLIC SPENDING FOR EMBRYONIC STEM-CELL RESEARCH.
  • A $410 B SPENDING BILL TO END OF THE FISCAL YEAR.
  • BERNIE MADOFF DECLARED HIMSELF GUILTY TO HIS PONZI SCHEME, BIGGEST FRAUD IN HISTORY.
  • CITIGROUP IS ACHIEVING BEST Q SINCE 2007.STOCKMARKETS RALLIED.
  • LLOYDS JOINTUK ASSET PROTECTION SCHEME.TOXIC LOANS $359 B.
  • BOE QUANTITATIVE EASING SUCCESS CREATING NEW MONEY (BUYING BONDS) 
  • F. MAC LOSS F. MAE, POSTED LOSSES OF MORE THAN 20 B. 
  • UBS 2008 LOST $1.1 B MORE THAN 1ST STATED, ON US SETTLEMENT ON CLIENTS AVOIDING TAXES. 
  • CHINA’S EXPORTS -26% FEB. VS 2008. IMPORTS -24%.
  • WB: WORLD TO SHRINK 1ST TIME  SINCE WWII. 
  • UK IP -2.6% JAN, LARGEST 1 MTH DROP 20 Y. FR -3.1% JAN, -13.8% THAN 2008. ORDERSGER. MFG GOODS -38% Y TO JAN. XPS -20.7% Y TO JAN.
  • CHINA INVEST. SPENDING +26.5% 1ST 2 MTHS 2009 VS 2008. INFRASTRUCTURE VS SLUMPING EXPORTS, -25.7% Y TO FEB.