BARACK OBAMA

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UPDATE 1-China restates yuan policy after Obama comments

China on Tuesday restated its long-standing policy to maintain the basic stability of the yuan at a reasonable and balanced level, after U.S. President Barack Obama said he would discuss the currency when he visits Beijing.

Dodd set to unveil financial reform bill

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Senate Banking Committee Chairman Christopher Dodd will unveil long-awaited draft legislation on financial regulation reform on Tuesday, his office said on Monday.

Conditions in place for new food crisis, FAO warns

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Poor nations battered by record food prices last year need international help to raise agricultural output given conditions are still ripe for another food crisis, the U.N. Food and Agriculture Organisation's chief said.
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Health companies see relief in U.S. Senate bill

Health insurers, drugmakers and other companies expect U.S. Senate lawmakers to soften the blow from health reform legislation narrowly passed by the House of Representatives that calls for a greater government role in the industry.
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House backs anti-abortion amendment

The House of Representatives voted on Saturday to tighten a ban against using federal funds to finance abortions under the proposed Democratic healthcare reform legislation.
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Karzai says he's addressing corruption

Afghan President Hamid Karzai said in an interview airing Monday he is taking steps to root out corruption in his government, but he also said foreign money was making the problem worse.
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Healthcare measure faces tough path in Senate

After a landmark win in the House of Representatives, President Barack Obama's push for healthcare reform faces a difficult path in the Senate amid divisions in his own Democratic Party on how to proceed.
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Jobless rate surges to 10.2 percent

The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
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Obama weighs steps to spur jobs, wary on deficit

U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after sobering news that unemployment spiked to a 26 1/2-year peak last month.
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U.S. jobless rate surges to 10.2 percent

The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
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Obama: jobless rise sobering, looking at options

U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after sobering news that unemployment spiked to a 26 1/2-year peak last month.
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Obama calls jobless rise sobering

President Barack Obama said on Friday the jump in the unemployment rate to 10.2 percent in October was a sobering figure that underscored the economic challenges ahead.
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USTR Kirk says Skouras trade pact needs new auto deal

South Korea must do more to open its market to U.S. cars before President Barack Obama will send a free trade agreement signed in June 2007 to Congress for a vote, the chief U.S. trade negotiator said on Thursday.
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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.
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House Democrats scramble for healthcare votes

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.
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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.
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U.S. OKs two more import probes versus China

A U.S. trade panel on Friday approved two new investigations into charges of unfair trade practices by China, but rejected another one week ahead of President Barack Obama's trip to Asia.
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White House's Romer: jobs will lag growth

A jump in U.S. unemployment to 10.2 percent last month reflects the typical lag shown by the labor market as growth picks up, a top economic adviser to President Barack Obama said on Friday.
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U.S. jobless rate hits 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.
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Japan, U.S. to avoid bases feud for Obama visit

The United States and Japan look set to avoid a collision over where to relocate a Marine base when President Barack Obama visits Tokyo next week, but the row could still fray security ties in the months ahead.
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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.
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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.
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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.

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