Back in the United States, Federal Reserve Chair Ben Bernanke is predicting the US could come out of recession by 2010. Bernanke spoke Tuesday before the Senate Banking Committee.

Federal Reserve Chair Ben Bernanke: “If actions taken by the administration, the Congress and the Federal Reserve are successful in restoring some measure of financial stability — and only if that is the case, in my view — there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery.”