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.
In 2008 he ran for President, and despite having only four years of national political experience, he won. In January 2009, he was sworn in as the 44th President of the United States, and the first African-American ever elected to that position. Obama was reelected to a second term in November 2012.