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Obama, traffic, interest rates

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January 19, 2009
Obama inauguration: SFU experts
The U.S. enters a new era with Tuesday’s inauguration of its first African American president. What will the Obama presidency mean for the global financial crisis, issues of security, Canada’s relations with its neighbour? SFU experts providing comment include public policy analyst Doug McArthur, on the political implications of the financial crisis; historian Andre Gerolymatos, who specializes in security and military strategy; political scientists Patrick Smith (Canadian politics), Jean-Francois Godbout and Andrew von Nordenflycht (U.S. politics) and Alexander Moens, who can talk about Obama, his platform and what lies ahead for Canada-U.S. relations. (Note: SFU’s Harbour Centre campus will set up a large-screen TV by the Teck Gallery for students and staff to view the inauguration starting at 8 a.m. Tuesday).

Doug McArthur, 604.786.0016 (cell); doug_mcarthur@sfu.ca
Andre Gerolymatos, 778.782.5597/8459; andre_gerolymatos@sfu.ca
Karen Ferguson, 778.782.7958; kjfergus@sfu.ca (available after Jan. 20)
Patrick Smith, 604.291.1544 (h); psmith@sfu.ca
Jean-Francois Godbout, 778.782.8408; jean-francois_godbout@sfu.ca
Andrew von Nordenflycht, 778.782.7720; vonetc@sfu.ca
Alexander Moens, 778.782.4361; alexander_moens@sfu.ca

Traffic gridlock
Take away a major transportation route and see commuters scramble – that was the effect of the Pattulo Bridge closure on this morning’s commute. The bridge will be closed for at least a month after being damaged in a fire. SFU transportation expert Warren Gill can comment on how its temporary closure will affect the region, amid debate over the need for more transportation infrastructure.

Warren Gill, 778.782.5005; gill@sfu.ca
Gordon Price, 778.782.5081; gordon_price@sfu.ca

Interest rates dropping again
The Bank of Canada is almost certain to cut its benchmark interest rate by half a percentage point to one per cent tomorrow as the economy continues to deteriorate. But commercial banks have generally not passed along the central bank’s other recent cuts – three percentage points in the last 18 months – to consumers, and analysts say there is little room left for monetary policy to support the economy. SFU economist David Andolfatto can comment.

David Andolfatto, 778.782.5825; dandolfa@sfu.ca

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