BARACK OBAMA

US says troop withdrawal from Afghanistan not an 'exit strategy'

US says troop withdrawal from Afghanistan not an 'exit strategy'
The Obama administration is to present a transition plan for Afghanistan at the upcoming NATO summit in Lisbon. A gradual reduction of troops is to begin in July next year and all combat operations will end in 2014 as scheduled. The plan is also expected to suggest stepping up the efforts to build up the Afghan security forces.
U.S. President Barack Obama (C) shakes hands with China's President Hu Jintao as they walk next to other world leaders during the family photo session at the G20 Summit in Seoul November 12, 2010.

Critics blast Obama's ineffectual waltz through Asia

President Barack Obama's 10-day Asian tour has been dubbed a failure by media owing to key failures in binding together the much-awaited free trade pact with South Korea and the inability to persuade a majority of the G-20 nations to support the U.S. position on current account imbalances.
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China's President Hu Jintao (L) talks with German Chancellor Angela Merkel as they arrive at the National Museum of Korea for dinner in Seoul November 11, 2010, on the first day of the G20 Summit. World leaders are gathering in Seoul on Thursday and Frida

G20 declares currency war over but challenges remain

The leaders of the G20 countries completed their summit in Seoul, South Korea with an agreement to push for “market-determined” currency exchange rates, to enhance exchange rate flexibility, and to establish a timetable to lay out “indicative guidelines” for global economies to confront trade imbalances by the first half of next year.
President Barack Obama and South Korea's President Lee Myung-bak greet U.S. Treasury Secretary Timothy Geithner and U.S. Ambassador to Korea Kathleen Stephens in Seoul

US-South Korea free trade pact trips over autos, beef

The U.S.-South Korea free trade talks broke down as the two sides failed to resolve principal differences over U.S. beef and auto exports to South Korean markets, but Presidents Barack Obama and Lee Myung-bak said they still hoped the deal could be clinched.
Angel Gurria, Secretary- General of the Organization for Economic Cooperation and Development

Resist protectionism, group says

Angel Gurria, Secretary- General of the Organization for Economic Cooperation and Development, an organization consulted by the nations of the world, including most of the nations of the G-20, put the very complex matter of what the G-20 is attempting to do at its summit in Seoul this week, in simple and precise terms.
Fraud and low voter turnout cloud Myanmar polls

Fraud and low voter turnout cloud Myanmar polls

Low voter turnout and allegations of fraud marred the polls in Myanmar. Counting is currently under way as polling booths closed in the late hours of Sunday. Though official figures are yet to be released, media reports suggest that not many people were enthusiastic about the elections. This is for the first time in 20 years that the Burmese people have been allowed to vote.
U.S. President Barack Obama

Obama announces $10-bln worth trade deals with India; 54,000 jobs eyed

U.S. President Barack Obama announced 20 new trade deals with India worth about $10 billion, which are likely to create around 53,000 jobs in the United States. Deals ranging from sale of heavy transport and commercial aircraft, to gas and steam turbines have been inked. Obama, who is on a 10-day trip through Asia, presided over a meeting of U.S. and Indian executives in India's financial capital of Mumbai.
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FDA to push for more investment in science

Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.
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How Republicans could block healthcare reform

Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.
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Doctor shortage looming? Use nurses, report says

A report from the institute calls for an overhaul in the responsibility and training of nurses and says doing so is key to improving the fragmented and expensive U.S. healthcare system -- President Barack Obama's signature political initiative.
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U.S. apologizes for syphilis experiment in Guatemala

The United States apologized on Friday for an experiment conducted in the 1940s in which U.S. government researchers deliberately infected Guatemalan prison inmates, women and mental patients with syphilis.
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Lawmaker unveils mortgage modification bill

As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker.
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Appeals court allows stem cell funds to continue

A U.S. appeals court on Tuesday allowed federal funding for human embryonic stem cell research to continue pending a full appeal, lifting an injunction issued by a federal judge who had said the Obama administration's policy violated the law.
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Chrysler fires 13 over lunch beer drinking report

Chrysler Group on Monday fired 13 workers at the same auto plant visited by President Barack Obama this summer, after a local television station report showed some of them drinking on their lunch breaks.
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Obama signs small business bill into law

President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections.
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Consumer czar Warren: banks receptive to change

Elizabeth Warren, the Obama administration's new consumer financial protection czar, said on Thursday that banks are showing early receptiveness to her plans for simplifying their disclosures to consumers.
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Obama tries to humanize the healthcare debate

President Barack Obama launched a new attempt to convince Americans of the advantages of his healthcare overhaul on Wednesday, just six weeks before an election in which the plan has proved more of a liability than a benefit for his fellow Democrats.
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Fly to space with Boeing in 2015

You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.
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Momentum grows for tackling U.S. deficit

Broad public concern about the U.S. budget deficit and big election gains for Republicans on November 2 could boost prospects for agreement on ways to slash spending

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