ECONOMICS SEGMENT :-
The United States, the country with world’s largest economy, is currently in an economic ressession. Since the recession began in December,2007. The real Gross Demostic Product (GDP), the total value of goods and produce in a year and a basic reason of an economy’s performance, dropped in at an annual rate of more than 6% in the fourth quarter of 2008 . Federal Reserve Chairman Ben Bemanke said condition in the labour market and declines in the value of housing along with tight consumer credit conditions will continue to hold consumers back spending more until the experience a losening of conditions that impact them directly . Demanke said economy activity abroad is also an important consideration in how soon the U.S. economy rebounce. He states “ the steep drop in U.S. exports that began last fall has been a significant drag on domestic production and any improvement on that front would be helpful”.