Finally the day has arrived. Barack Obama will be sworn in as the 44th president of USA today on Jan 20th 2009. He will be the first African-American President to head the country. Meanwhile while Bush did call most of his counterparts across the globe yesterday. He was in charge of the US president for 2 successive terms. The world saw a lot happening under his regime from Iraq attacks to the Economic Crisis currently going on in US and world over. 

People from world over are waiting eagerly to watch the Obama Swearing in ceremony. It will be somewhere around the evening time as per IST. He is taking the charge of the country when it is passing through the worst economic crisis ever in its history. Some major banks have already gone bankrupt. Recently Citi announced its 4th quarter results with a huge loss and then decided to split the company in two parts. Bank Of America was given a huge bailout to prevent it from going bankrupt.

He has been a major supporter of bailout package to revive the economy. Obama has already announced that after he becomes the President, he will release $1 trillion as economic bailout package. The wall street may see some sort of short term rally in the coming days. This could also revive the Asian and Indian share markets for a while atleast. Lets see how the events turn out in the coming days.

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