US President To Focus On Jobs In Union Speech

President Barack Obama delivers his annual State of the Union address later, and his focus will be on America’s stubbornly high unemployment rate. He is likely to face a less receptive joint session of Congress after last November’s mid-term elections, when Republicans seized control of the House of Representatives and increase their presence in the Senate. The speech is a chance for the President to set out his agenda and is... [more]

Obama presses China’s Hu on currency, North Korea

U.S. President Barack Obama pressed Chinese President Hu Jintao on Wednesday to let the value of China’s currency rise and sought cooperation in dealing with nuclear standoffs with North Korea and Iran Obama, speaking at a news conference with Hu, touted the mutual benefits of the U.S.-China partnership after the two countries unveiled $45 billion (28 billion pounds) in export deals that seemed to be aimed at papering over deep rifts... [more]

Obamas To Attend Shooting Memorial Service

President Obama and the First Lady will travel to Arizona on Wednesday to attend a memorial service for the victims of the Tucson shootings. Six people were killed and 14 others were injured, including a congresswoman who was in a critical condition after being shot in the head by a lone gunman. A US college dropout arrested after the shooting rampage on Saturday has appeared in court for the first time. Jared Lee Loughner, 22, arrived at... [more]

Sarkozy takes G20 case to Obama as food prices soar

French President Nicolas Sarkozy takes his campaign for greater global food price and currency stability to Washington this week when he seeks Barack Obama’s support for France’s goals as head of the Group of 20 powers. Soaring food prices and riots in places such as Algeria offer Sarkozy ammunition to press for more coordination between G20 governments to combat wild swings in vital commodity prices as well as exchange rates... [more]

Obama calls ‘moment of silence’ after shooting

US President Barack Obama has called on Americans to observe a “moment of silence” today at 4pm (GMT) for the victims of a shooting at an Arizona political event that left six dead and 14 wounded. The White House said the President will observe the moment of silence with staff on the South Lawn. In his statement today, he said it would be be “a time for us to come together as a nation in prayer or reflection, keeping the... [more]

Merkel hits back at Obama criticism

Chancellor Angela Merkel vowed Wednesday night to stick to the government‘s tough savings programme and hit back at criticism fromWashington that austerity by Europe’s biggest economy could put world growth at risk. In the wake of US President Barack Obama’s show of concern that Germany’s belt-tightening could put the brakes on the global recovery, a defiant Merkel said her government would not back away from its plan to slash... [more]

Support for President Obama in Norway

The Norwegian Defence Minister Grete Faremo supports US President Barack Obama’s decision to fire head of the allied forces in Afghanistan, General Stanley McCrystal, after his critical statements. Faremo says it is very important that there is no doubt about which strategy which is to be used in Afghanistan. - What is important now is that the work to create peace and stability in Afghanistan continues according to the strategy,... [more]

Obama, Netanyahu to meet July 6

The United States on Sunday hailed Israel’s easing of its land blockade of Gaza and said President Barack Obama and Israeli Prime Minister Benjamin Netanyahu would discuss further steps when they meet in Washington on July 6. The White House welcomed Israel’s new rules for its land embargo, which has drawn heightened international criticism since a deadly raid on an aid flotilla bound for the Hamas-run Palestinian territory. “We... [more]

Merkel refutes Obama on G20 fiscal policy

German Chancellor Angela Merkel directly contradicted US PresidentBarack Obama on Saturday, saying spending cutbacks were now needed following the spate of throwing money at the global economic crisis. Referring to the G20 summit in Canada next weekend, Merkel said in a videotaped message that “we are going to discuss when to quit the phase of short-term measures and go on to lasting budget consolidation.” Such a move... [more]

China says hands off yuan; Obama talks tough

China told the rest of the world on Friday not to meddle with the way it manages the yuan, setting the stage for a clash with its biggest trading partners at next week’s G20 summit. U.S. President Barack Obama released a letter to his Group of 20 colleagues that zeroed in on prickly policy differences over China’s currency stance and debt-wary Europe’s rush to rein in bulging budget deficits. World leaders gathering in... [more]

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