Tag Archives: Barack Obama
America donates USD 249mn despite the recent rift between Kabul and Washington
The US has pledged USD 249mn to the Afghan government for enhancing counter-narcotics effort, strengthening good governance and facilitating crime investigation.
An agreement to the effect was signed on Wednesday between Deputy Foreign Affairs...
Spending cut debate casts pall over Obama’s second-term agenda
Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda.
The...
State of the Union: Obama pledges to reignite economy
President Barack Obama has urged Congress to back government action to revive the sluggish US economy, in his annual State of the Union speech.
The Democratic president promised “smarter” rather than bigger government for “the...
US-China responsible for the global growth- Obama
U.S. President Barack Obama told Chinese Premier Wen Jiabao on Tuesday that their two countries had a “special responsibility” to lead the way on balanced, sustained global economic growth.
“As the two largest economies in...
US economy add 171,000 new jobs
The US economy added 171,000 new jobs in October; however, unemployment rate still rose to 7.9% from 7.8% in September.
There are more workers now who have resumed looking for jobs; hence, causing the unemployment rate to jump back up.
The labor...
Analysts on the effects of sanctions imposed against Iran
According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within six months to a year period of time. And, Iran’s import and exports of goods would become close to impossible,...
Chinese telecom giants posing a threat to the US
The US warned security threat posed by Chinese telecom firms Huawei and ZTE, after an investigation into the two companies.
Earlier this year, the two firms faced allegations by a US court that some of their equipment had been installed with...
US unemployment at its lowest since 2009
The US unemployment rate last month fell at 7.8%, down from 8.1% in August.
The US economy added a further 114,000 jobs in September, beating expectations.
The figure is certainly good news for Barack Obama whose performance was widely criticized...
No miracle cure- US economy
Bucking up this recovery is harder than it was in the past
IF THERE is a theme to the American presidential campaign, it may be: “Imagine the alternative”. President Barack Obama’s campaign will argue that his actions prevented an economic...
The G20 Summit Talks Encouraged Barack Obama
US President Barack Obama was encouraged by the G20 Summit in Mexico. The Summit had laid out bold and decisive actions needed to tackle Europe’s debt crisis.
“What I have heard from European leaders during these discussions, they understand...
