Sweden’s government today approved a project to build a park of wind turbines to produce electricity, which will be the largest in the world, Itar-Tass on details of the Swedish Ministry for Environmental Protection. After building a huge wind-park its current production capacity will reach 8.12 TWh, which produce electricity from wind in the country will increase more than 3 times the current volume. The wind-park consisting of 1100 numbers 200-meter generators will be located in an area of 450 square kilometers of territory in north-eastern coast of the country. That area is now pasture for deer, so the government undertook the project for the contractors to pay for the wind-park compensation in the event that any way wind-park negatively affect livestock in the area.
The innovation is according to latest requirements of the European Commission for electricity producing.

The U.S. Federal Reserve will probably raise its main interest within six months, with between a quarter and half percentage points, according to a survey of the National Association of Business Economics (NABE), said. According to the survey, conducted every six months, most of NABE economists find this almost zero interest rate the Fed is appropriate. More and more of them, however, feel that it is too stimulating. “The majority believes that the increase in interest rates over the next six months is as likely and appropriate,” said NABE president Lynn Riyzar. According to the Fed’s high unemployment and low inflation to justify keeping interest rates extremely low for an extended period. The data indicate that the economy has gradually recovered and by some leaders of the Fed Reserve needs to start preparing the markets for the tightening of financial conditions. Economists interviewed by NABE, believe that the suspension of purchases of mortgage securities by the Fed will increase interest rates on mortgage loans with an average of 42 basis points. The program, worth 1.25 trillion. dollars, will be discontinued at the end of the month. 44% of the respondents believe that inadequate regulatory oversight was the main reason for the deep financial crisis, which led the country to a painful recession.
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