Tag: President Barack Obama
President Barack ObamaObama nominates Senator Kerry to succeed Hillary Clinton as Secretary of State
US President Barack Obama has nominated Senator John Kerry to succeed Hillary Clinton as his next secretary of state. Mr Obama said Mr Kerry's “entire life” prepared him for the role, and praised him for the “respect and confidence” he has earned from world leaders.
President Obama re-election feat makes him TIME Person of the Year
US President Barack Obama was named TIME Person of the Year for 2012, citing his historic re-election last month as symbolic of the nation's changing demographics amid the backdrop of high unemployment and other challenges.
US reshpaing foreign policy based on ‘power of economics’ and jobs diplomacy’
US foreign policy is being reoriented to promote American economic interests after Washington was tied down by two wars in the past decade, Secretary of State Hillary Clinton said on Saturday.
Mercosur condemns “disproportionate use of force” in Gaza; calls for immediate cease fire
Mercosur condemned the “disproportionate use of force” in Gaza and called on Israel and Palestinians for an immediate cease fire of the conflict that has already left al least forty people killed, mostly civilians.
Obama immigration reform wants to attract and retain highly skilled manpower
US President Barack Obama plans to give new thrust to a comprehensive immigration reform in the country, one that would not only address the issue of illegal immigrants but also how to attract and retain highly skilled manpower from the rest of the world.
“A modest tax increase on the wealthy is not going to break their backs” said Obama
President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%.
Next week takes off the ‘fiscal cliff’’ battle with meeting in White House of party leaders
Newly re-elected President Barack Obama said on Friday the wealthy must pay more taxes under any political deal to avert a looming budget crisis. He said Congress must act against the so-called fiscal cliff, a package of tax rises and spending cuts due early next year.
Republican Party needs a “bigger tent” to adapt to changing demographics
Former US Secretary of State Condoleezza Rice said the Republican Party must adapt rapidly changing demographics in the United States to remain politically relevant.
Why foreign policy holds the key to Obama’s second term
President Barack Obama’s victory over Mitt Romney is a landmark moment in US politics. He is only the second Democratic president to win re-election since Franklin Roosevelt in 1936, doing so despite a very challenging economic headwind of sluggish growth and comparatively high unemployment in the United States.
Wall Street and rating agencies not pleased with the US elections results
No break for re-elected President Barack Obama. In the midst of what should be a honeymoon victory Fitch Ratings agency called on the newly appointed head of state to quickly “secure agreement on avoiding the 'fiscal cliff' and raising the debt ceiling,” to retain its “AAA” status.
