Tag: President Barack Obama

• Saturday, September 3rd 2011 - 08:01 UTC

  “Argentina’s turnaround tango” as an inspiration for Obama and US Congress

  

  An opinion editorial of the US newspaper The New York Times titled “Argentina’s turnaround tango” stated that President Barack Obama and the US Congress should look to Argentina “for inspiration” in economic policies issues. Nevertheless, the article also warned about the corruption and “government opacity“of the Latin American country.

• Friday, September 2nd 2011 - 08:31 UTC

  Obama hints mix of tax cuts and infrastructure spending in next week jobs speech

  

  US President Barack Obama sharply cut estimates for US economic growth, underscoring the difficult challenge he faces in spurring a stronger recovery and creating more jobs.

• Thursday, September 1st 2011 - 05:23 UTC

  Obama jobs-speech in Congress will compete with opening game of football season

  

  President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.

• Thursday, September 1st 2011 - 02:40 UTC

  Obama jobs’ speech before Congress request triggers political controversy

  

  US President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event.

• Saturday, August 27th 2011 - 07:35 UTC

  New York evacuates 250.000 people in anticipation of hurricane Irene

  

  Authorities in New York City ordered mandatory evacuation of all low-lying areas before Hurricane Irene hits, Mayor Michael Bloomberg said on Friday. Bloomberg told a press conference that the evacuation - estimated at more than 250,000 people - could begin when shelters open at 4 pm.

• Friday, August 19th 2011 - 10:16 UTC

  US reviews deportation policy involving 300.000 illegal immigrants

  

  US President Obama administration said Thursday it would postpone the deportation of illegal immigrants without criminal records and allow them to apply for work permits as it reviews over 300.000 cases.

• Wednesday, August 10th 2011 - 18:06 UTC

  US citizens believe the country is on the wrong track shows poll

  

  US citizens by a large majority believe the United States is on the wrong track and nearly half think the worst is yet to come in the economy, a Reuters/Ipsos poll said today.

• Monday, August 8th 2011 - 19:52 UTC

  Obama calls for ‘political will’ to address situation; ‘US will always be triple-A’

  

  Stock markets extended their heavy losses on Monday despite US President Barack Obama moving to try to reassure investors. In his first public reaction to Standard & Poor's downgrading the US, President Obama said markets continued to regard US government debt as being the highest possible grade.

• Friday, August 5th 2011 - 07:47 UTC

  Obama administration confident Geithner will remain in his job

  

  President Barack Obama’s senior advisers are confident Treasury Secretary Timothy Geithner will remain in his job even though he hasn’t made his intentions public, an administration official said.

• Thursday, August 4th 2011 - 19:21 UTC

  US gross national debt equivalent to 100% of GDP, first time since 1947

  

  The United States gross debt shot up 238 billion dollars to reach 100% of GDP after the government's debt ceiling was lifted, Treasury figures showed. On Tuesday, the Treasury had to add more than 200 billion of commitments immediately after President Barack Obama signed into law an increase in the debt ceiling.