Tag: President Barack Obama

• Monday, January 28th 2013 - 05:07 UTC

  US immigration bill battle begins this week in Nevada with Obama proposal

  

  US President Barack Obama plans to launch his second-term push for a US immigration overhaul during a visit to Nevada this week and will make it a high ºpriority to win congressional approval of a reform package this year, the White House said.

• Friday, January 11th 2013 - 08:25 UTC

  Obama nominates budget expert to replace Geithner as Treasury Secretary

  

  US President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of spending cuts and deficit reduction.

• Wednesday, January 2nd 2013 - 23:39 UTC

  Markets rally on fiscal cliff agreement but a second chapter waits in February

  

  Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day.

• Saturday, December 22nd 2012 - 07:56 UTC

  Obama 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.

• Wednesday, December 19th 2012 - 19:43 UTC

  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.

• Saturday, November 17th 2012 - 23:02 UTC

  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.

• Saturday, November 17th 2012 - 22:53 UTC

  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.

• Thursday, November 15th 2012 - 11:01 UTC

  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.

• Thursday, November 15th 2012 - 06:38 UTC

  “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%.

• Saturday, November 10th 2012 - 05:08 UTC

  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.