The part of an overall economy that is primarily made up of money markets, banking institutions and brokers. The finance sector is a very important aspect of most large and highly developed economies, such as those in the United States, the United Kingdom, Japan and Switzerland.
The inauguration of Barack Obama as the 44th President took place on January 20, 2009. In his first few days in office, Obama issued executive orders and presidential memoranda directing the U.S. military to develop plans to withdraw troops from Iraq.
Senator Barack Obama with his wife, Michelle, and Senator Joseph R. Biden Jr. with his wife, Jill, in Chicago on Tuesday night. Barack Hussein Obama was elected the 44th president of the United States on Tuesday, sweeping away the last racial barrier in American politics with ease as the country chose him as its first black chief executive.