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From the U.S. subprime mortgage crisis in the international financial crisis, the world financial system and the whole of the economy since the great depression most serious trauma. The current financial crisis has demonstrated the “minimal supervision and supervision is not the best.” The root cause of the crisis is inadequate supervision. In this context, international financial regulation presents some new development features in the following areas. G20 London Summit communiqué stated that all financial institutions, markets and instruments must be given appropriate supervision and management. The consensus in the United States and the Christian Louboutin financial regulatory reform programmes have been implemented. The Obama administration in June 2009 official presentation of the financial regulatory reform bill, the Senate passed, Obama in 2010 was signed on 21 July, Bill explains that the United States is developing a more complete and strict supervision system, under the Act, the supervision of the Horn almost reached into every corner of the area of finance, from the financial institution’s operations, mergers and acquisitions, mortgage loan origination to the credit ratings, derivatives trading, etc, are included in the ranks of the regulation, in the Bill the Fed’s supervisory role has a new location, it was an unprecedented expansion of the scope of regulation, regulation no longer confined to the Bank, but also to all the possible threat to the financial stability of the enterprise, such as hedge funds, insurance companies and other non-banking financial institutions; to cooperate with the US Federal Reserve Regulation.

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The just concluded general election polling near Australia there was a dramatic scene: the ruling Labour Party and the Liberal Party, led by the Alliance of opposition parties are not required to obtain a Cabinet 76 seats, and almost evenly on both sides of the seat, which means that over a period of time, Australia will be the first time in the so-called “floating” State, the Parliamentary Labour Party and the Liberal Party, respectively, and in attempting to Cabinet and the Cabinet success, Girard as caretaker of the current Government will continue to “look at the Cabinet of Ministers. From a few months ago a few non-tilting Louis Vuitton Pan hope, to today’s achievement, the Liberal Party has created a miracle, it is precisely for this reason, the first Abbot of a winner’s attitude, high-profile and the Green party’s first, Senator Brown and several independent members, trying to get in contact with the Cabinet and lived in Sente. As he stated after the election, after the election the labour party lost the majority status and do not have set up three years of stable, strong ability of the Government.

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New Zealand South Island’s largest city, Christchurch near Richter 7.0 earthquake. New Zealand Prime Minister John says from the earthquake to the local water supply, electricity transport and other infrastructure has brought about the destruction of the “shocking”, miracle did not result in death. According to the Royal New Zealand Institute of geological and nuclear sciences published data, the earthquake epicenter is located in Replica Watches Christchurch City 30 km northwest of direction, distance is located in the North Island of New Zealand’s capital, Wellington has 298 km/h. Magnitude of the original judgment 7.4, but later reduced to 7.1, U.S. Geological survey’s the magnitude of this time as British media called focal depth is 10 km, but New Zealand local media report for 33 km/h. Earthquake-related institutions does not publish tsunami warning.

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