Posts tagged "President Barack Obama"

Actions Influence the Obama Campaign

    NEW YORK – In 1.400 points, the S & P 500 flirted on Friday with its highest in four years and added an increase of 74% since January 20, 2009, the day Obama took office. From the first presidency of Dwight Eisenhower as president, did not see a rally like that in his...

Obama Presses on Tax Issue

    WASHINGTON  - President Barack Obama on Saturday blamed the Republicans to promote a situation where the increase taxes on Americans next year. In the GOP response, a senator accused Obama and the Democratic Party for alleged obstructionist intent to put the bulk of the tax burden on businesses in a period of economic...

Geithner Defends Libor Case

  WASHINGTON – The secretary of the U.S. Treasury, Timothy Geithner, is under pressure for not doing enough to stop the fraudulent manipulation of interest rates key reference, lawmakers said Wednesday that he alerted the appropriate authorities “early”. Geithner said he realized the problem in 2008 when he was chairman of the Federal Reserve Bank...

Obama Defends His Economic Policy

  President Barack Obama on Thursday defended his economic policies, to assure Americans that the election will define the country’s growth prospects over the next decade and beyond. When starting a two-day tour by bus through northern Ohio and western Pennsylvania, Obama said he is convinced that voters have lost interest in the November elections,...

Storms and Heat Plague the U.S.

  WASHINGTON – More than two million people were without power Saturday in the central region of the U.S. Atlantic coast due to hurricane force winds that hit the area overnight. It is expected that the restoration of energy in Maryland, Virginia, West Virginia and the District of Columbia (the areas that were affected by...

Monti Questioned Obama on Eurozone

  ROME – U.S. President Barack Obama called Italian Prime Minister, Mario Monti, to learn “about the prospects for the eurozone,” before the meeting of heads of State and Government of the European Union this weeks. Italy said in a statement that Obama “is closely following the Italian government’s commitment to facilitate consensus in Europe...