BARACK OBAMA

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South Korea launches WTO dispute against U.S.

South Korea has launched a dispute at the World Trade Organization against the United States over U.S. measures to raise prices on imports of steel, a South Korean embassy official said on Thursday.

China unveils carbon target ahead of Copenhagen

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China has unveiled its first firm target to curb greenhouse gas emissions, laying out a carbon intensity goal on Thursday that Premier Wen Jiabao will take to looming climate talks as his government's central commitment.
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Israel announces partial settlement freeze

Israel announced on Wednesday it was limiting settlement construction for 10 months to try to revive peace negotiations with the Palestinians, but they said the step fell short of their terms for talks.
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Chinese 'Hot Girl's' blog issues apology for offensive Michelle Obama image

The initial site that posted an offensive image of Michelle Obama as a chimpanzee has removed it and posted an apology, while another site, FlyLifeStyle, still has it up. Google, meanwhile, has refused to remove the offensive image from its image search engine under the search term Michelle Obama, despite complaints that it is racist.
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Euro zone expects no quick result from China

Leading euro zone officials expect no immediate results from talks in China this weekend to push for an appreciation of the yuan, euro zone sources said. We are reasonable enough to understand that two months is not feasible, and we are determined enough to convey the message that two years is too long, one of the sources said of European views on when the yuan should be allowed to rise.
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Health public option fight - symbol over substance

The fight over a U.S. government-run public insurance plan may be getting louder and noisier, but for now the program's political symbolism far exceeds its practical impact on expanding health coverage.
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Obama offers U.S. greenhouse gas cut

The United States unveiled a plan to cut greenhouse gases by 2020 on Wednesday and said President Barack Obama will attend U.N. climate talks in Copenhagen next month -- before other world leaders show up.
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UK's Brown optimistic on Afghan troop increase

British Prime Minister Gordon Brown is optimistic other allies will send more troops to Afghanistan, backing up an expected sharp increase in U.S. forces, according to a letter to NATO released on Wednesday.
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U.S. third-quarter economic growth revised down

The U.S. economy grew more slowly than first thought in the third quarter, but a fifth month of gains in house prices in September and an improvement in consumer morale signaled the anemic recovery was intact. In its second estimate of third quarter gross domestic product published on Tuesday, the Commerce Department said the economy expanded at a 2.8 percent annual rate, probably ending the most painful U.S. recession in 70 years.
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Iran says needs guarantees to send uranium abroad

Iran could consider sending its low-enriched uranium abroad, the Foreign Ministry said on Tuesday, apparently softening its opposition to a U.N. plan aimed at keeping a check on its nuclear ambitions.
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Obama says will finish the job in Afghanistan

U.S. President Barack Obama vowed on Tuesday to finish the job of an unpopular and costly eight-year war in Afghanistan, and officials said he could announce an increase of around 30,000 troops next week.
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Obama seeks to reassure Singh on U.S.-India ties

President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as top priorities.
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Michelle Obama photoshopped image puts Google on defensive

The controversy over a controversial an offensive image of Fist Lady Michelle Obama grew after Internet search leader Google said that the fact that certain images appear in its search engine results does not reflect the opinion of the company.
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Aware of policy risks, Fed sees firmer growth

Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.
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Obama says will announce Afghan plan soon

President Barack Obama said Tuesday he will announce a new U.S. strategy for Afghanistan soon and that his intention will be to have a plan to finish the job there after eight years of war.
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Fed pleased with U.S. growth, leery of policy risks

Federal Reserve officials are increasingly confident the U.S. economic recovery is sustainable, but they do not see employment picking up soon, according to minutes from their November meeting released on Tuesday.
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Iran says needs guarantees to ship nuclear fuel

Iran could consider sending its low-enriched uranium abroad, the Foreign Ministry said on Tuesday, signaling a possible softening of its opposition to a plan aimed at easing Western concern over its nuclear ambitions.
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Obama to announce Afghanistan decision within days

President Barack Obama will announce his decision on whether to send more U.S. troops to Afghanistan within days after he held a final strategy session with top aides, the White House said on Tuesday.

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