Daily Updates

U.S. Financial system Recovery Strong Signals

Posted by Posted by SamSal on Thursday, September 10, 2009 , under , |



U.S. Treasury Secretary Timothy Geithner said that because of improved economic and financial situation in some of the measures taken by the U.S. government is no longer necessary, transmits Associated Press.

This statement he made during a speech in front of the Control panel of the U.S. Congress, which is responsible for oversight of the effectiveness of spending on federal anti-crisis program assistance.

According to T. Geithner, the country is still much to do until the "true economic recovery will happen, but the improved situation with the situation of banks and other financial institutions have led to" the government begins to slowly turn off a program of financial support. " "The financial system shows very strong signals of recovery," he said.

Recall bailout plan proposed by the administration of President Barack Obama and supported by the Senate and the U.S. Congress would allocate 787 billion dollars to provide financial assistance to American industry.

Administration Barack Obama is considering a new economic program as a key step towards restoring the U.S. economy, which is already more than half is in a recession, experiencing the worst crisis since the Great Depression. In 2008. U.S. economy has lost 2.6 million jobs. Barack Obama hopes that his economic program will create up to 4 million new jobs. In addition, the White House plan assumes an increase of unemployment, reconstruction of transport infrastructure, investment in new technologies, including alternative energy.

Barack Obama Military Program Is Jeopardy

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Congress Speaker Nancy Pelosi said that plans to increase the number of U.S. troops in Afghanistan do not find support in Congress, transmits Associated Press.

According to her, "I do not see that in the Congress or the country in general, the idea of sending more troops to Afghanistan, enjoyed popularity.

According to analysts, this position means that a bill by Obama to increase the number of U.S. troops in the country is not supported by the U.S. Congress, which puts the president in a very awkward position, since the idea of a speedy victory over the militants, the Taliban, by increasing military U.S. forces and allies has been a key element of his election platform.

In Afghanistan, are now 56 thousand U.S. military and 32 thousand allied soldiers from 41 states. The U.S. administration has decided to increase the American contingent to 68 thousand people.

Last week, U.S. Defense Secretary Robert Gates said that the military situation in Afghanistan deteriorates. According to him, in the near future will become clear how effective were the measures taken in respect of Afghanistan and Pakistan, the administration of Barack Obama.

Shuttle Discovery Landing Delayed

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Due to bad weather landing of the U.S. space shuttle Discovery delayed, transmits Associated Press.

NASA experts decided not to send a shuttle to the strip at Cape Canaveral launch site, as in this area now is torrential rain and strong wind blows.

At the command MCC shuttle while in orbit, he has time for two more attempts at landing in the main landing site, and if the weather does not improve, the Discovery sits on the back lane - Edwards Air Force Base in California.

Recall, Discovery was launched from Baikonur on August 28 in Cape Canaveral, sht.Florida. The spacecraft is delivered to the ISS cargo module Leonardo with different equipment. In addition, astronaut Nicole Stott was replaced by his colleague on the ISS, American Tim Koper, who was at the station from 15 July.