Tag: Barack Obama

• Wednesday, May 12th 2010 - 07:09 UTC

  World Markets Lower After Taking a Second Look at Euro Rescue Plan

  

  United States shares closed lower on Tuesday as global stock markets stalled on niggling worries over European debt problems. On Wall Street, the Dow Jones index closed down 0.34% following a turbulent day's trading, and a nearly 4% rise on Monday.

• Wednesday, May 5th 2010 - 06:07 UTC

  Obama Administration Pushes for Fee on Large Banks to Pay for Bailouts

  

  United States big banks should be charged a fee to pay for bailouts as it will make them less prone to reckless lending, US Treasury Secretary Timothy Geithner told lawmakers as he sought support for the proposal.

• Monday, May 3rd 2010 - 02:48 UTC

  Tens of Thousands March Across the US to Protest Arizona’s New Immigration Bill

  

  Tens of thousand of demonstrators marched in over 70 cities across the United States Saturday to protest a new immigration law in the state of Arizona. The law is aimed at those who have entered the country illegally, but critics say it will lead to ethnic profiling of Arizona's Hispanics.

• Saturday, May 1st 2010 - 08:08 UTC

  As BP Oil Spill Advances; Florida Declares State of Emergency

  

  State of Florida Governor Charlie Crist declared on Friday a state of emergency in coastal counties because of the threat from the oil spill in the Gulf of Mexico.

• Saturday, May 1st 2010 - 07:38 UTC

  Under the Banner “We Are All Arizona” Thousands will Protest May First in the US

  

  The United States immigrant community will be taking to the streets on Saturday May first—International Workers' Day—in 70 cities to demand migration reform and to protest an Arizona law which criminalizes illegal immigration.

• Saturday, May 1st 2010 - 02:13 UTC

  US Economy Expands 3.2%, Third Consecutive Quarter of Growth

  

  The US economy grew in the first three months of this year, but at a slower rate than the previous quarter. US consumer spending saw its biggest increase in three years in the first three months of 2010, which drove the country's overall economy to its third consecutive quarter of growth.

• Friday, April 30th 2010 - 05:48 UTC

  Honduras President Invited to the EU/Latinamerica Summit in Madrid

  

  Honduras President Porfirio Lobo confirmed he would be participating of the European Union-Latin America-Caribbean summit scheduled to take place in Madrid next May 18. Lobo said he was officially invited in March and that a couple of weeks ago Spanish Foreign Secretary Miguel Angel Moratinos rang on the phone to tell him “we will be waiting for you”.

• Friday, April 30th 2010 - 05:35 UTC

  Out of Control Oil Spill Reaches Louisiana Coastline; BP Shares Plunge

  

  Oil started washing ashore on the US Gulf Coast from a leaking offshore well, the US Coast Guard reported. Up to 5,000 barrels of oil a day are thought to be spilling into the water after last week's explosion on a BP-operated rig (NYSE:BP), which then sank.

• Friday, April 30th 2010 - 00:24 UTC

  Brazil’s Lula da Silva Named “Most Influential World Leader” by Time Magazine

  

  Brazilian President Lula da Silva has been named the most influential leader in the world by Time Magazine, ahead of US President Barack Obama who is ranked fourth. No European leader figures among the top 25.

• Thursday, April 29th 2010 - 06:59 UTC

  Obama Nominees for the Fed Support “Job Creation and Low Rates”

  

  US President Barack Obama is expected to announce this week his choice of Federal Reserve Bank of San Francisco President Janet Yellen as vice-chairman of the Fed Board of Governors, according to congressional sources.