BARACK OBAMA

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Major Healthcare Reforms for Retirees

The Obama administration will spend $5 billion to reimburse 80 percent of the companies' health insurance costs provided to early retirees who leave the US workforce between the ages of 55 to 64.

Economic data dampen fears of new recession

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Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping dampen fears the economy could face a double dip recession.
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Obama brings Mideast leaders together for peace push

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away, bringing them together for ceremonial handshakes at the White House on the eve of relaunching direct talks.
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Obama to Mideast leaders: seize moment for peace

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a U.S.-sponsored summit to relaunch direct talks shadowed by Middle East violence.
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Obama says U.S. undeterred in bid for Mideast peace

U.S. President Barack Obama vowed on Wednesday that a deadly Hamas attack in the West Bank is not going to stop us in the quest for Middle East peace as he opened a Washington summit to relaunch face-to-face Israeli-Palestinian negotiations.
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Romer: U.S. must find will for further stimulus

Departing White House economist Christina Romer said on Wednesday the United States needs to find the political will for more action to boost the economy and not let high deficits get in the way of creating jobs.
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U.S. military in final phase of Iraq mission - Gates

U.S. Defence Secretary Robert Gates told U.S. soldiers on Wednesday they were in the final phase of engagement in Iraq after ending combat missions, and history would judge if the invasion had been worth it.
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Israel hints Jerusalem compromise in peace talks

Israel's defence minister said on Wednesday the Jewish state would be willing to hand over parts of Jerusalem in peace talks with the Palestinians to be launched by U.S. President Barack Obama.
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Obama's Mideast push clouded by West Bank attack

U.S. President Barack Obama was poised on Wednesday to launch a new U.S. push for Middle East peace even as a flare-up of Hamas violence and a deadlock over Israeli settlements loomed as potential deal-breakers.
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Jewish settler killings blight new Mideast talks

The Palestinian Islamist group Hamas claimed responsibility for killing four Jewish settlers in the West Bank in an attack that blighted a Middle East peace summit before it even began in Washington Wednesday.
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Time to turn the page in Iraq says Obama

President Barack Obama declared an end to the seven-year U.S. combat mission in Iraq on Tuesday and told war-weary Americans his central responsibility now is to restore the sagging U.S. economy.
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Minn. governor directs state to decline health reform

Minnesota Governor Tim Pawlenty directed state agencies on Tuesday to decline all discretionary participation in federal healthcare reform, throwing up roadblocks to President Barack Obama's goal of providing health insurance to all Americans.
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Iraq hails sovereignty as U.S. ends combat mission

Iraq celebrated its sovereignty as the U.S. military formally ended combat operations on Tuesday, despite political deadlock and persistent violence, and warned other countries not to interfere as U.S. troops depart.
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Iraq hails sovereignty as US ends combat mission

Iraq celebrated its sovereignty as the U.S. military formally ended combat operations on Tuesday, despite political deadlock and persistent violence, and warned other countries not to interfere as U.S. troops depart.
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FTSE firm as U.S. data supports miners

The top shares closed up on Tuesday, as miners gained on firmer U.S. economic data which eased investor anxiety on the global economic recovery, while ARM Holdings jumped on renewed takeover talk.
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Obama administration appeals stem cell injunction

The Obama administration on Tuesday appealed a ruling that blocked federal funding of human embryonic stem cell research, asking the judge who issued the injunction to put it on hold pending the appeal.
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Afghan withdrawal won't be a hand-off - Petraeus

The withdrawal of U.S. troops from Afghanistan from next July will begin with a general thinning out of forces rather than any large-scale drawdown, the commander of U.S. and NATO forces said on Tuesday.
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Global growth woes hit FTSE

Britain's top shares were lower by midday on Tuesday, as U.K. economic data added to uncertainty surrounding the global recovery, with risk-sensitive banks and commodity stocks leading the fallers.
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Global recovery worries stump stocks

The FTSE 100 dropped sharply early on Tuesday, led by falls in risk sensitive assets such as banks and commodity stocks as fears intensified over the sustainability of the global recovery.

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