Some of this experience has been used to form important reform agendas both on the EU level and the level of individual countries. I have just mentioned two of the most important ones: the Single Market Initiative and the Lisbon agenda.
It is expected that investors may turn to safe havens. Barbados is generally viewed as a well regulated domicile. Over the longer term and into 2009, given the size of the bailout by the US government, we can expect larger US fiscal deficits, possibly a further depreciation in the US dollar and a likelihood of a longer US recession than was anticipated.