Tag: President Barack Obama

• Tuesday, August 2nd 2011 - 07:27 UTC

  With hours before default deadline, US Senate votes on debt ceiling package

  

  US House of Representatives has passed by 269 votes to 161 a last-gasp deal to avoid a federal debt default. The bill is expected to be approved by the Senate and signed into law by President Barack Obama on Tuesday.

• Monday, August 1st 2011 - 19:59 UTC

  Nobel Prize Krugman criticized Obama for giving in on debt deal

  

  The Nobel Prize winner economist Paul Krugman harshly criticized President Barack Obama for giving in to pressure compromising on a debt ceiling deal that defenders say will save the country from default.

• Monday, August 1st 2011 - 07:16 UTC

  Obama announces agreement to raise US debt-limit; Congress has to vote the deal

  

  President Barack Obama announced Sunday Republican and Democratic leaders have reached an agreement on raising the US debt limit and avoiding default. He said the deal would cut one trillion dollars of spending over 10 years, and set up a committee to report by November on a proposal to further reduce the deficit.

• Saturday, July 30th 2011 - 22:12 UTC

  Cuba allows more charter flights from the US; 350.000 visited the island in 2010

  

  Air travel between the United States and Cuba will become easier with the opening of charter flights to the island from an additional nine US cities announced by Cuba authorities on Friday.

• Thursday, July 28th 2011 - 06:19 UTC

  Lower House to vote on (doomed) Republican proposal to raise US debt ceiling

  

  US House of Representatives speaker John Boehner is urging Republicans to back his plan to cut the US budget and raise the debt limit. Boehner's appeal to conservative House Republicans came despite a White House veto threat and rejection from Democratic leaders in the Senate.

• Monday, July 25th 2011 - 20:53 UTC

  IMF calls for ‘swift rise in US debt ceiling’ and warns of risks to world economy

  

  The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy.

• Monday, July 25th 2011 - 06:47 UTC

  US debt ceiling: Republicans insist in torpedoing Obama 2012 re-election bid

  

  US President Barack Obama reiterated on Sunday his opposition to any short-term plan to raise the US debt ceiling, while Republicans insisted on a two-step solution, a White House official said.

• Saturday, July 23rd 2011 - 06:23 UTC

  Obama and congressional leaders Saturday meeting in the White House

  

  President Barrack Obama said he would be meeting with congressional leaders, at the White House at 1100 (1500 GMT) on Saturday. On Friday Republican House Speaker John Boehner walked away from crunch debt ceiling talks with the President.

• Monday, July 18th 2011 - 10:22 UTC

  US congress closer to deal on debt-ceiling but with Obama paying the political cost

  

  United States government and opposition senators are crafting a plan that could avert an unprecedented US government default if by next 2 August the national debt limit is not raised.

• Monday, July 4th 2011 - 23:17 UTC

  Peruvian president-elect will meet Obama and Clinton in Washington

  

  Peruvian president-elect Ollanta Humala will be meeting next Wednesday President Barack Obama and Secretary of State, Hillary Clinton. Humala is expected in Washington on Tuesday.