Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

2 of 10
BACKNEXT
United Kingdom
GDP -1.2%
Inflation 0.1%
Unemployment 6.3%
Markets -11.2%
Gallon of gas $4.85
Interest Rates 0.5%

Challenges The pound fell to a 23-year low against the dollar in January 2009 as the banking sector continued to post historic losses. The country's productivity and home values have plummeted, leading the nation's economy into a recession.

Solutions Prime Minister Gordon Brown unveiled a $63 billion bailout for the banking sector in October. In January, the Bank of England set up a special fund to buy up to $74 billion of high-quality private sector assets. The new plan also created a wide scale insurance program aimed at protecting banks against further losses and guarantee bank assets backed by mortgages and other loans.

See stats for all 10 countries

NEXT: Russia
Last updated March 30 2009: 8:02 AM ET
Sources: IMF, national statistics offices, central banks, FTSE 100, AIRINC
More Galleries
Five most expensive cars sold at Pebble Beach These classic cars went for seven figure sums at the world's premier classic car event. More
Seats that move! Rain! Movie-watching goes beyond 3D How can movie theaters compete when many prefer to watch streaming video from their own comfy couches? Some hope a new interactive technology will lure audiences with immersive effects. More
15 cool cars for sale at Pebble Beach While these events are best known for seven-figure classics, just about everything crosses the block at Pebble Beach. More

Special Offer