BARACK OBAMA

IBTimes Logo

Forty leaders plan to attend climate talks: U.N.

About 40 world leaders plan to go to Copenhagen next month to boost the chances of clinching a U.N. climate deal, the United Nations said Friday as preparatory talks wound down with scant progress.

House Democrats scramble for healthcare votes

IBTimes Logo
Democratic leaders in the U.S. House of Representatives scrambled on Friday to allay lingering concerns about a broad healthcare overhaul and raised the possibility a vote planned for Saturday could slip into next week.
IBTimes Logo

Jobless rate hits 26-1/2 year high of 10.2 percent

The U.S. jobless rate unexpectedly jumped to a 26-1/2-year high of 10.2 percent last month, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
More news
IBTimes Logo

U.S. unemployment rate hits 10.2 percent

The U.S. unemployment rate unexpectedly jumped to 10.2 percent in October, breaching the politically sensitive double-digit barrier for the first time in 26-1/2 years, even though the pace of job losses slowed.
IBTimes Logo

No takers for Abbas' Palestinian presidency

There were no bids by younger Palestinian leaders on Friday to step into the shoes of President Mahmoud Abbas, who says he does not want to run for re-election in January.
IBTimes Logo

Health reform gets boost before vote

With a close vote looming in the House of Representatives, President Barack Obama's push for healthcare reform was boosted on Thursday by the support of powerful lobbies representing doctors and seniors.
IBTimes Logo

Cheney urges strong U.S. commitment to Afghan war

Former Vice President Dick Cheney on Thursday urged President Barack Obama to commit enough troops to win the war in Afghanistan, warning hesitation would embolden U.S. foes and devastate its allies.
IBTimes Logo

China blasts U.S. duties ahead of Obama visit

China denounced as protectionist new U.S. anti-dumping duties on steel pipes and launched its own investigation into imports of U.S.-made automobiles on Friday, a week before a visit by President Barack Obama.
IBTimes Logo

Death toll hits 13 in Texas shooting spree

The death toll from an Army psychiatrist who opened fire at the Fort Hood Army post rose to 13 on Friday, and Army officials said the suspected shooter was hospitalized and on a ventilator.
IBTimes Logo

Carbon futures wilt on climate pact delay

European Union carbon emissions futures wilted slightly on Friday but were largely unaffected by news that a U.N. climate pact will likely be delayed into 2010, traders said.
IBTimes Logo

Russia says GM pouring U.S. scorn on Europe

Russia accused General Motors of showing the United States' scorn of business with Europe by abandoning its sale of Opel, whose German workers went on strike on Thursday.
IBTimes Logo

GM readies Opel plan, workers strike

General Motors Co on Thursday said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit.
IBTimes Logo

Fannie Mae posts $18.9 billion Q3 loss, taps Treasury

Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug a hole in its net worth.
IBTimes Logo

Abbas offers to quit over stalled peace process

Palestinian President Mahmoud Abbas said Thursday he did not wish to run for re-election in January, voicing disappointment at Washington for favoring Israel in arguments over re-launching peace talks.
IBTimes Logo

Aid for jobless, homebuyers clears Congress

The U.S. Congress approved more aid for jobless workers and broadened tax breaks for homebuyers and businesses on Thursday and sent the measure to President Barack Obama to sign into law.
IBTimes Logo

Health reform gets boost before close vote

With a close vote looming in the U.S. House of Representatives, President Barack Obama's push for healthcare reform was boosted Thursday by the support of powerful lobbies representing doctors and seniors.
IBTimes Logo

U.S. fully committed to Japan as feud simmers

A U.S. diplomat said on Thursday that Washington was fully committed to its alliance with Japan, as the two governments prepared for a visit by President Barack Obama that has been clouded by a feud over a U.S. Marine base.
IBTimes Logo

House Democrats prepare for close healthcare vote

Democratic leaders in the U.S. House of Representatives hustled on Thursday to count votes and round up support for a sweeping healthcare overhaul that was headed to a close floor vote on Saturday.
IBTimes Logo

U.S. Senate panel approves Democratic climate bill

A controversial climate change bill cleared its first hurdle in the U.S. Senate on Thursday, allowing President Barack Obama to tout progress in the run-up to next month's global warming talks in Copenhagen.
IBTimes Logo

Merkel, Obama agree to liaise on Opel, Germany says

German Chancellor Angela Merkel has agreed with U.S. President Barack Obama to coordinate on the future of Opel after General Motors'surprise decision to keep the unit, a German government spokesman said on Thursday.
IBTimes Logo

Democrats wrestle with abortion on health bill

Democrats in the House of Representatives scrambled on Wednesday to iron out lingering concerns over abortion in a healthcare reform bill that was headed to a close and potentially historic weekend debate.
IBTimes Logo

U.N. pulls out foreign staff from Afghanistan

The United Nations said on Thursday it would evacuate hundreds of its international staff from Afghanistan for several weeks due to deteriorating security, a sharp blow for Western efforts to stabilize the country.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.