< Portal:Current events 
    
        
    
 
        
      January 7, 2009 (Wednesday)
        
        
    - The United States Congressional Budget Office estimates that the federal government will run a record $1.2 trillion budget deficit in fiscal year 2009, that the current recession will last well into this year, and that the enactment of an economic-stimulus plan would increase that deficit. (MarketWatch)
 - Satyam Computer Services chairman Ramalinga Raju admits to accounting fraud and resigns. (CNN-IBN)
 - Israel and Hamas resume hostilities after a three-hour respite to allow humanitarian aid to reach Gaza. (Sky News)
 
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