15 mai 2009

Top 5 USA États-Unis Top Actualité

Citation de la semaine
"The results of the bank stress tests have been trickling out for days, from Washington and from Wall Street, and the leaks seem to confirm what many bankers feel in their bones: despite all those bailouts, some of the nation’s largest banks still need more money."
—New York Times

Poids média de l'actualité américaine (4-10 mai) selon le Pew Research Center:

Actualité États-Unis

Actualité États-Unis

Actualité États-Unis

Economy Up and Flu Down in a Stressful Week

The news narrative shifted significantly last week as the stress tests for troubled banks overshadowed a flu outbreak that suddenly seemed less stressful.

The release of the financial health reports of 19 major banks helped make the economic crisis the top story from May 4-10, according to the Pew Research Center’s Project for Excellence in Journalism. The economy’s health filled 21% of the newshole studied in PEJ’s weekly News Coverage Index during the week. That’s double the coverage of the previous week and the most attention the financial meltdown has received in the 55 media outlets included in the NCI in six weeks. Two related subjects, the President’s plan to crack down on overseas tax havens and the troubled auto industry, filled about another 8% of the newshole.

Conversely, coverage of the swine flu outbreak—while still the No. 2 story at 9%—plunged by more than two-thirds last week as evidence suggested the virus was less severe than previously feared. The previous week, the potential for a pandemic had overwhelmingly dominated the news agenda, accounting for 31% of the coverage and crowding most other subjects out of the headlines.

With its new name, H1N1 rather than swine flu, the global health threat had to share attention last week with some overseas national security threats. The volatile situation in Pakistan, where that nation’s military battled the Taliban, was the No. 3 story, at 5%. But the conflict in neighboring Afghanistan accounted for an additional 3%, while Obama’s May 6 meeting with the leaders of Afghanistan and Pakistan filled another 3%. That brought coverage of what some in the media and Washington are now calling the “Af-Pak” crisis—depicted by the administration as one inextricably intertwined geopolitical challenge—to 11% of the week’s newshole.

Still, it was the fragile state of the economy that re-emerged as the dominant story last week—with several caveats. The level of press attention still pales in comparison to earlier in the year. (In the first two months after Obama’s inauguration, the subject filled 43% of the newshole.) And to some extent, economic coverage is pegged to specific events and milestones—such as last week’s release of the bank stress tests. When such signposts emerge, media interest seems to spike. When there are not such visible measures of economic health, tracking the state of the economy becomes more difficult for the media, more of a subterranean slog.

Economy Up and Flu Down in a Stressful Week

15 mai 2009

Coup d’État ! En Vidéos International Terrorisme

A day that will live in infamy:

Ambassador Stages Coup At UN, Issues Long List of Non-Binding Resolutions

M’enfin, ce n’est pas la première fois que des dictateurs prennent le contrôle de l’agenda onusien…

15 mai 2009

Le mur approche… Économie En Chiffres États-Unis

Dépenser comme si demain n'existait pas…

Déficit États-Unis

Quand on tombe d'un 20e étage, ce n'est pas la chute qui est douloureuse, c'est l'atterrissage.

15 mai 2009

Et ça continue… Économie États-Unis Récession Revue de presse

The Washington Post

Fannie Loses $23 Billion, Prompting Even Bigger Bailout
The Washington Post

Fannie Mae reported that it lost $23.2 billion in the first three months of the year as mortgage defaults increasingly spread from risky loans to the far-larger portfolio of loans to borrowers who have been considered safe.

The massive loss prompts a $19 billion investment from the government to keep the firm solvent, on top of a $15 billion investment of taxpayer money earlier this year.

The sobering earnings report was a reminder of the far-reaching implications of the government’s takeover in September of Fannie Mae and the smaller Freddie Mac. Losses have proved unrelenting; the firms’ appetite for tens of billions of dollars in taxpayer aid hasn’t subsided; and taxpayer money invested in the companies, analysts said, is probably lost forever because the prospects for repayment are slim.

Fannie Mae and Freddie Mac have been growing ever more dependent on federal largesse. The Federal Reserve has bought $366 billion of their mortgage investments and $70 billion of their debt, and has pledged to buy hundreds of billions of dollars more of both. The Treasury has pledged $200 billion to each company to keep them solvent and already bought $124 billion of their mortgage investments.

In total, the government has committed about $2 trillion to supporting Fannie and Freddie and buying the securities they issue.