EUROPEAN ECONOMY is divided.

During the fight against the debt crisis in Europe as the most stringent employee and two allied countries provide the largest contribution to the recovery of the continent's two largest economies Germany and France, draws attention to the increasing alienation from each other.

This division of Europe sever ties holding it together for 60 years , it said.
Survey research center located in Washington , according to the EU in France last year was 60 percent favorable rating , fell to 41 percent this year . 19 point drop , the biggest decline among the EU countries surveyed was .
In Germany 60 percent of the people appeared to look positively to the EU .
Between the two countries in economic indicators, there is a serious division . In France, 56 percent of government expenditure to GDP ratio rose to 45 per cent in Germany
Unemployment in France to 11 percent , while only 5.4 percent in Germany.
France 's trade deficit of 87 billion 700 million dollars in 2012 to historic highs approaching, while Germany's trade surplus was close to a record 246 million dollars.

Crisis in the U.S. has ended

U.S. President Barack Obama and House of Representatives Speaker John Boehner depicting 16.7 trillion debt limit increase, and the U.S. in the negotiations which refers to these sketches everywhere. Congress that took place in the third week due to budget dispute within the federal government shutdown and debt limit debate, allowed for the television talk show in the joke of the internet has been the subject of hundreds. But the situation has now become so old, like an American wrote in a Twitter message: "Off to laugh at a joke, but I can not laugh anymore on this debt ceiling joke. Do not frighten me. Come on, man, raises the following ceiling."

Crisis in the U.S. has ended.

In the Senate wing of the U.S. Congress, to find solutions to the crisis ongoing since Friday for the first time yesterday working intensively concrete has reached a stage. And Senate Majority Leader Democrat Harry Reid and Republican caucus chief Mitch McConnell of time bumpy negotiations result, yesterday at noon, the two sides government open, the U.S. default risk will save you a plan agreed upon was learned. The formula until January 15 that the federal government is authorized to spend from the budget, until February 7 around a bill authorizing the borrowing occurs, it was learned. However, during this time, representatives of both sides of the long-term budget cuts will work on a program specified.

If American politicians today TSI 07.00 U.S. if they can not agree on a plan to increase the debt limit in the hands of the U.S. Treasury $ 30 billion in cash and pay bills that need to be left alone. Today the U.S. has $ 120 billion in debt auctions rotation. Normally, investors holding bonds in the hands of such auctions and allows the debt to be returned . If these bills and the other recipients will not have to pay the U.S. government remains in all, it can not pay the debt of the United States and will be in default means . A single installment of an ongoing mortgage loans mortgage loans instead of requesting from you all a situation like this . However, this probably will not happen , and the U.S. Treasury Department 's roll debt with cash on hand and debt interest will continue to pay the bills for a while. According to the calculations made an agreement not be achieved, the default between October 22 and November 1 will take place at a later date.

Hope of the unemployed in the U.S. is dwindling.

Five years after the outbreak of the financial crisis, many indicators , suggest that the American economy begins to heal . Gross National Product, the fastest growth in the last two years has level access . The unemployment rate fell to pre-crisis level . However, despite this good news for unemployed Americans in 2014 , a year can be extremely difficult to pass .Kathy Biscotti, on the last day of the year was pretty desperate :
" 51 years old , was born in Baltimore , grew up . My father plumber, my mother was a nurse. I worked very hard for everything I've achieved in life . "
Working as secretary Kath, lost his job six months ago and the last on December 31 received unemployment benefits : " I got 332 bucks . I need to decide what I should do . If I give money to my landlord will not be nothing in my hand . "
Kathy Biscotti, which is in the same situation one of 1 million 300 thousand Americans . Congress of unemployment benefits on December 28 had decided to discontinue . According to conservative politicians after 26 weeks of appropriations extended, pushing the jobless give up looking for work.

 With the start of economic recovery and the proponents of the extension of the duration of unemployment benefits is losing support. However, those unemployed for 27 weeks or longer, the number is still at record levels. These individuals accounted for 40 percent of all the unemployed.

How will the European economy in 2014?

Reform their economies and budgets according to the regulations imposed by the EU member states trying to do to get rid of the crisis ? High rates of unemployment for people suffering with conflicting government to implement the prescriptions? Lowering the latest France's credit rating at the door, a sign that a greater danger? Germany will continue to support euro area countries?

Our guests ING Bank Business Specialist Carsten Brzeski , the Euro Zone 's better to go to the start , but still totally in good condition, that also in 2014 for the EU high unemployment and public debt as problems to overcome to work pretty hard to be a year , he said.
Another issue of the European Parliament Vice President of the Socialists and Democrats group members Anni Podimat if the economic, political , and social aspects a more stable environment to create a foreground financial regulation rather than budget, the strict austerity program implementation gereketig defended . Anna also people that rely on the EU's rescue project , this distrust also need to change the path taken as a sign of the most important , he said .
Finally, Zsolt Darvas of Bruegel think tank experts in Economics from the European Commission is optimistic for the future but still continued instability , he said. Zsolt In addition to the high levels of unemployment in some countries to deal with the more populist governments to pass and it also can result in the EU , could be another crisis was revealed .

What has changed at the FED?

Leading provider of financial market of the world to the U.S. Federal Reserve ( Fed ) will be headed by a woman now . Janet Yellen is wondering monetary policy will follow .
In short, the Fed called at the beginning of the U.S. Federal Reserve will no longer be a woman . In terms of world financial markets, the Fed is considered most important institutions . Central Bank, the principal unit determines the rate of the dollar amount of money can take advantage of the market is placing limits .
Fed chairman is extremely powerful and yet so responsible a position that you want . With a history of nearly one hundred years the first woman to head the Fed , economist Janet Yellen was brought .Some commentators , German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to head after the Fed Yellen, following the introduction of the world financial markets has been entrusted writes that the three women . This diagnosis may be true but it does not matter . Because of changes in monetary policy is expected.
New York City's German / American Chamber of Commerce president Diemer Rieger is the Fed 's dual mission , on the one hand while maintaining price stability, full employment, on the other hand says that the goal arms .
The biggest problem for the U.S. economy right now is unemployment.

Developments in the U.S. economy was noted.

American central bank, the Federal Reserve said on Wednesday monthly bond purchase program from $ 85 billion to $ 75 billion , announced that it has reduced . American central bank Fed's asset purchases from January 40 billion dollars per month treasury bonds and mortgage-backed bonds to amount to 35 billion dollars . Janet Yellen, in February next mission prepared to hand over to the Federal Reserve Chairman Ben Bernanke , Yellen also have a say in the decision is taken , and will continue this line had stressed during the presidency .Bond purchase program triggered by the real estate crisis that erupted in 2008 after the global financial crisis issued was part of a comprehensive stabilization package . Fed to stimulate business so far about 3 trillion dollars pumped into the American economy .Some analysts therefore the decrease in bond purchase program interprets the American economy began to recover . Finance expert Holger Schmieding " Fed in this way , American conjuncture counteract this be strong enough to show that . Yeah, that's the American central bank conjuncture to the power of a kind of confidence . Financial crisis trough long ago have left behind ," he says .

Finance expert Holger Schmieding "U.S. recovery in the world economy for the good news. U.S. but also in Germany and England as well conjuncture empowerment to other countries economies through exports animation gives more. Coming years the world in many parts of the growth will be experienced in the world conjuncture, a little over three percent of the United States, at 2.7 percent in Germany, 2.1 percent growth would at least think, "says Cohen.

UNITED STATES IS questioned superpower

In times of recession and unemployment in the use of fiscal policy easing , ie, reduction of taxes and public spending must be increased . On the contrary, during such periods, fiscal policy contractionary if used , so if you simultaneously increase taxes if and public spending is reduced , this situation improved in the opposite direction by affecting the economy will shrink even further and into recession is . Enacted 10 years ago, and former President George W. Bush -era tax cuts on income and employment will mature .
3% in the last quarter of 2011, after carrying out a successful growth as the U.S. economy's recovery has begun to weaken again . In the first months after positive data from 2012 , the slowdown in consumer spending , slowing exports and weakening of investment data in the first place was starting to attract attention .

Those who say that the American empire is crumbling another , the famous professor of history at Harvard University in the U.S. Neill Ferguson .According to Ferguson , most of the cause of the collapse of the empire , with the financial crisis , ie a large imbalance between revenues and expenditures and public debt is relevant when funded .Political environment on public employees ' in boxing sandbag ' stating that acts as U.S. President Barack Obama , the government closed down due to budget crisis , pointing out that " the rise of the debt ceiling will need to be on October 17 . Does not raise the ceiling this time, not just the government also closed down economy, "he said. Republican politicians uploads Obama " at a time when unemployment is high, people were unemployed at the street . Purely ideological purposes not economical " he said .