Topic: Barack Obama

Obama on 2012: 'We're going to win this thing'

US President Barack Obama confidently predicted he would overcome tough odds and win his 2012 reelection fight Tuesday, selling the premise of his campaign to influential donors."Here is my message to you. You guys stick with this. If you don't falter, if ...

Obama challenges rivals on US income inequality

US President Barack Obama on Sunday hit back at critics who say he is trying to redistribute wealth, and challenged his Republican opponents to deal with growing income inequality.In an interview with the CBS News program "60 Minutes," Obama countered rivals who ...

EU leaders to brief Obama on debt crisis at summit

BRUSSELS (Reuters) - President Barack Obama will offer what guidance he can on how to resolve the European debt crisis when he meets the EU's top officials at a summit in Washington next week, the U.S. ambassador to the EU said on ...

Fannie, Freddie tentacles embraced many in Washington

WASHINGTON (Reuters) - While presidential hopeful Newt Gingrich was forced to defend his lucrative former role with Freddie Mac this week, the mortgage giant and its larger cousin Fannie Mae had a roster of Washington heavyweights on their payroll for years, many ...

Obama raises economic rebalancing with Hu

HONOLULU (Reuters) - U.S. President Barack Obama said he planned to discuss the need for a rebalancing of the global economy in a meeting with Chinese President Hu Jintao on Saturday.Obama, who spoke to reporters at the beginning of the meeting, said ...

U.S. readies stronger lifeline for homeowners

WASHINGTON (Reuters) - Homeowners who owe more than their houses are worth will get new help to refinance in a government plan to be unveiled as early as Monday to support the battered housing sector, sources familiar with the effort said.The Obama ...

Republicans increasing risk of recession: Geithner

US Treasury Secretary Timothy Geithner warned Republicans that they risk helping to tip the country into recession if they fail to back President Barack Obama's jobs bill late Tuesday.Speaking just before the Senate was expected to vote down the $447 billion plan, ...

Faith in US economy evaporates ahead of 2012 vote

It is easy to imagine the gasps of horror rising from the White House. Sometime in the not too distant future -- perhaps just weeks before the November 2012 presidential election -- the semi-official National Bureau of Economic Research declares the US ...

Obama says eurozone crisis "scaring the world"

MOUNTAIN VIEW, California (Reuters) - President Barack Obama said on Monday the debt crisis in Europe was "scaring the world" and that European leaders were dealing with the issue but not as quickly as needed."They're going through a financial crisis that's scaring ...

G7 vows robust action to fix global economy

G7 rich nations vowed tough measures Friday to get the global economy back on track but were short on detail and admitted the problems were so complex that a unified response was impossible.The meeting in Marseille came as stock market turmoil returned ...
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