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.
On January 20, 2009, Barack Obama became the 44th and current president. On November 6, 2012, he was re-elected and is currently serving the 57th term. The next presidential election is scheduled to take place on November 8, 2016; on January 20, 2017, the newly elected president will take office.