BARACK OBAMA

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Japan PM says no need to rush U.S. base decision

Japanese Prime Minister Yukio Hatoyama said on Friday there was no need to rush a decision that could stall a realignment of U.S. troops in the country, as tension grows over an issue that could fray ties with Washington.

U.S. cuts pay at bailed out firms, BofA hits back

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The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.
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Japan says no U.S. base decision before Obama visit

Japan said on Thursday it could not sign off on a planned reorganisation of U.S. troops in the country before President Barack Obama visits Tokyo next month, after the U.S. defense secretary bluntly called for the deal to be implemented.
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U.S. presses ahead on climate bill

The Obama administration will press ahead with climate control legislation, despite difficult odds of passage before December's international summit on global warming.
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Security big worry as Afghans gear up for run-off

Afghanistan will hardly have enough time to provide full security during a presidential election run-off in November, a senior official said on Thursday as preparations for the second round entered full swing.
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Gates says moving ahead on Afghan troop policy

U.S. Defense Secretary Robert Gates said on Thursday he is moving ahead with his recommendation on whether to send more troops to Afghanistan and would first tell the president before a NATO defense ministers meeting this week.
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Congress cranks up pressure on insurance industry

Democrats in the U.S. Congress moved on Wednesday to repeal the health insurance industry's exemption from antitrust laws, cranking up the pressure in a growing battle over President Barack Obama's healthcare reform plans.
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Top pay at bailed out companies to be cut

Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said on Wednesday.
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Obama wades into Democrats' tough governor races

U.S. President Barack Obama threw himself into the role of campaigner in chief on Wednesday, making appeals for Democratic candidates in two state governor races that some see as a referendum on his performance in the White House.
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Climate cooperation to help ties, Hu tells Obama

Chinese President Hu Jintao has told his U.S. counterpart Barack Obama that closer cooperation on fighting climate change could help improve overall ties between the world's top two greenhouse gas polluters.
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House healthcare bill under $900 billion: Pelosi

House of Representatives Speaker Nancy Pelosi said on Tuesday new estimates showed a healthcare overhaul drafted by Democrats would reduce the U.S. budget deficit over 10 years and cost less than $900 billion.
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Gates pushes Japan on U.S. troop shift plan

U.S. Defense Secretary Robert Gates pressed Japan on Wednesday to implement quickly a deal to reorganize the U.S. military presence in the country, an issue that could test ties with Tokyo's new government.
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Obama scolds Wall Street over reforms, lending

President Barack Obama chastised Wall Street firms on Tuesday for resisting tighter regulations of their industry and said they had not done enough to boost lending to small businesses.
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Afghan election officials fired ahead of run-off

Half of the most senior Afghan district election officials will be fired, U.N. officials said on Wednesday, to prevent more fraud in a run-off presidential poll crucial to the country's credibility and foreign support.
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Lockheed Martin posts profit, sees 2010 down

Lockheed Martin Corp posted better-than-expected quarterly profit aided by a lower tax rate and share count on Tuesday, but revenue missed Wall Street estimates and the defense contractor warned earnings would drop in 2010, sending its shares down more than 5 percent.
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U.S. needs gas tax, 50 mpg standard -Hess CEO

The U.S. needs to levy high taxes on gasoline and to require tougher automobile fuel efficiency standards to conserve energy, the chief executive of one of the country's biggest oil companies said on Tuesday.
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U.S. keeps Sudan sanctions but offers dialogue

The Obama administration on Monday said it would renew economic sanctions on Sudan, but also offered Khartoum new incentives to end violence in Darfur and the semi-autonomous south ahead of crucial polls next year.

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