BARACK OBAMA

U.S. President Barack Obama

S&P Downgrade: Will It Hurt President Obama?s Job Creation Effort?

The U.S. budget deficit was $1 trillion before he took the oath of office, he inherited a nation in deep recession, with a banking crisis, two wars, and now there's a credit downgrade stemming from decades of debt incurred before he was on the scene, but make no mistake about it, President Barack Obama has to create a lot of jobs for his presidency to succeed.

U.S. Downgrade Damage Done: But Washington Must Still Fix the Problem

The Index Screen at the Warsaw Stock Exchange
The U.S. credit rating downgrade could have easily been avoided, but political power struggles in Washington got in the way. Now, markets are reeling and damage has been done. But it's not too late to fix the problem, so that Moody's and other ratings agencies keep the U.S. with a AAA rating.
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Afghan President Hamid Karzai speaks during a meeting with U.S. senator John Kerry in Kabul

NATO investigates deadly Afghan helicopter crash

NATO tried to determine on Sunday if Taliban insurgents had shot down a troop-carrying helicopter in Afghanistan, killing 38 in the largest loss of life suffered by foreign forces in a single incident in 10 years of war.
At Issue: The Afghanistan War

SEALs Killed in Afghan Helicopter Crash Were on Rescue Mission

The U.S. Navy SEALs and other troops whose helicopter was shot down by the Taliban in eastern Afghanistan Saturday had rushed to the mountainous area to help a U.S. Army Ranger unit that was under fire from insurgents, two U.S. officials said Sunday.
Gov. Rick Perry, R-Texas

Joel Osteen's Concert Turns Into Rick Perry's Political Prayer

On Hiroshima Bombing anniversary, televangelist Joel Osteen's concert in Houston on Saturday brought together as usual millions of people around the world to watch his music concert which went off live with Texas Governor Rick Perry scripture from the Book of Joel and Book of Isaiah
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White House adviser slams S&P after U.S. downgrade

A top White House economic adviser slammed Standard & Poor's on Saturday for having stuck with its decision to downgrade the U.S. credit rating despite having made a $2 trillion mistake in its fiscal projections.
Smoke is seen near a tank at Al-Bahra roundabout in Hama in this still image taken from video

Syrian Army Deploys Across Hama After Attack

Activists said the death toll in protests across Syria a day earlier, when tens of thousands of demonstrators took to the streets on the first Friday of the Muslim holy month of Ramadan, had risen to 26.
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China flays US over credit rating downgrade

The United States lost its top-tier AAA credit rating from Standard & Poor's, drawing a blast of criticism on Saturday from its biggest creditor China and deepening investors' alarm over the euro zone's debt crisis.
U.S. Chinook helicopters leave after a security handover ceremony in Panjshir province

Seals Among 31 US Troops Killed in Afghan Helicopter Crash

The SEAL Team Six is the special operations unit responsible for the Pakistan raid that resulted in the death of Osama Bin Laden. Saturday's death is being considered the deadliest day for American forces serving the decade-long war.
For Discussion: U.S. Fiscal Policy

The 3 U.S. Policy Mistakes Most Responsible for S&P Downgrade

While S&P?s downgrade of the U.S. Government?s credit rating is controversial, most agree that the U.S. fiscal condition is serious. And while both Democrats and Republicans increased the budget deficit, three major policy errors by President George W. Bush last decade substantially worsened the U.S.?s fiscal condition, and the nation has been trying to recover ever since.
U.S. Chinook helicopters leave after a security handover ceremony in Panjshir province

Taliban Shoots Down U.S. Helicopter, Kills 31 Troops, Mostly 'Team Six' SEALS

Marking the deadliest incident in the decade-long war, a military helicopter was shot down by the Taliban in eastern Afghanistan Saturday night, killing 31 U.S. special operation troops -- most of whom were Navy SEALS from "Team Six" - the unit that carried out the raid that killed Osama bin Laden, officials said.

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