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Standard & Poor’s isn’t the only big agency in retrieved the maximum credit rate to Spain. Fitch also reduced the credit rating by a step, to AA+, with a ‘steady’ perspective, so isn’t thinking in reduce it again in the future.

This decision was featured one hour after the closing of European markets, but affected Wall Street an the Euro as well. The risk factor in Spain continued to grow and reached 160 basic points. The treasure of Spain highlighted that this rating is still being high.

Fitch returned to trouble Spanish market, specially when looking to the beginning of the next week.

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he new British Government, proposed to charge financial the system with a new tax up to 8000 millions of pounds, to contain the growth of national debt.

According The Independent on Sunday, this figure, is three times higher than the offered in a beginning by the finance ministry , George Osborne, and is a indicative that The United Kingdom needs drastic measures in front of the serious problem with the national debt.

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Barack Obama will have to wait, the president of the Unites States, the main promoter of the financial regulatory reform in the country, was astonished after the Senate refused to end the parliamentary debate around the project of law.

The procedure to approve this new law is already spending several weeks, and the party of Barack Obama, the Democrats, intended to limit the debate at a maximum of 30 hours more to vote the legal text, without more patches, before the end of this week.

In order to accomplish that, called a previous motion to consider ended or not the parliamentary procedures. However, the High Chamber rejected th democrat demand, with Republicans united against it, and the debate will continue during several day in the Capitol, until the parties reach an agreement.

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To improve the rankings of a website, is a good idea to have an article in the Wikipedia linking to it.

Another alternative is WikiHow, a wiki-based community focused on the creation of how-to guides/manuals on just about anything.

In Wikihow anyone can write and edit how-to guides that are licensed under “Creative Commons”, this means that if someone redistributes any of wikiHow’s content, he/she must attribute the work to wikiHow and provide a link back to wikiHow’s site. Also, he/she must not use the content for commercial purposes. Furthermore, any work derived from (i.e., altered, remixed, transformed, or built upon) any wikiHow content may and should only be distributed under the same licenses as that of the original wikiHow content.

The idea of wikiHow is to provide people with free and useful information/instructions to help them solve the problems of everyday life. The site covers a wide range of subjects/categories including arts & entertainment, computers & electronics, family life, pets, health, relationships, travel, and many others.

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The president of the United States, Barack Obama, is also worried for the crisis in Spain that could trigger the European Domino. Barack Obama, Spoke yesterday with the Spanish president, José Luis Rodríguez Zapatero, also known as Mr Bean, to answer about the economics measures to take in Spain. One of the reasons of the conversation between Barack Obama and José Luis Rodríguez Zapatero could be the heavy loses suffered by Wall street caused by the weakness in the Eurozone.

According the spokesman of the White House, Robert Gibbs, the conversation was produced because Spain “suffers some problems where is necessary to take measures on them to be sure that will not extent to other countries”. However, José Luis Rodríguez Zapatero reiterates that Spanish Economy isn’t Greek economy.

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Barack Obama defensed the necessity of reform the financial system to protect consumers and regulate the behavior in Wall Street.

Obama suggested in the yearly meeting on Washington of the enterprise council, to support the law project discussed in the congress about the financial reform.

“The measures we proposed are no way intended to hurt companies”. Assured Barack obama.

“As we learned so painfully last years, the Government has the obligation to establish rules of common sense in the markets”, aggregated.

Otherwise, “some can find more attractive try to take profit of the system than compete and innovate in honest way inside it”.

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The Popular Bank of China (PBOC,Central) announced a rise in the bank reserve ratio by 50 basic points on may 10th. This is the third rise that made this year, with th objective of contain credit.

According the Popular Bank of China, in a communicate showed today, the current level is placed at 16.5 percent for big companies and 14.6 percent for small ones.

The Popular Bank of China, in Hong Kong

However, the Popular Bank of China, said that the currency reserve for credit cooperatives and rural banks will remain steady to help the agricultural industry.

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