BARACK OBAMA

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Merkel to G20: regulation before rebalancing

German Chancellor Angela Merkel warned on Thursday that a U.S. drive to rebalance the global economy risked distracting the Group of 20 from a more urgent need for market regulation at their Pittsburgh summit.

U.S. Senate panel rejects Republican healthcare moves

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The Senate Finance Committee battled over insurance plans for seniors on Wednesday and rejected a Republican effort to delay a final vote on a broad healthcare overhaul as it slowly waded through a crush of amendments.
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All-round pessimism after dud Middle East summit

A cloud of pessimism is suffocating hopes that U.S. President Barack Obama can pull off a miracle in the Middle East by setting negotiations on course for rapid progress toward a comprehensive peace agreement.
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Geithner urges watchdog, Frank cites death panels

An Obama administration proposal to create a government watchdog for financial consumers inched forward in Congress on Wednesday, with House Financial Services Chairman Barney Frank calling for death panels to close down troubled financial firms.
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Obama: U.S., Russia agree Iran may face new sanctions

U.S. President Barack Obama said he and Russian President Dmitry Medvedev agreed on Wednesday that serious additional sanctions must be considered if Iran does not respond to proposals to end a nuclear standoff.
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China backs G20 coordination

China offered some support on Wednesday to U.S. plans to build a more balanced global economy, as world leaders seek to agree ways to nurture a tentative recovery and prevent future crises.
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China's Hu tells Obama to curb trade safeguards

Chinese President Hu Jintao urged U.S. President Barack Obama not to slap duties on more Chinese goods after a dispute over tires but stressed hopes for steady economic ties ahead of a Group of 20 leaders' summit.
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ObamaVision deemed top TV word of 2009

ObamaVision -- the term coined by the media to sum up President Barack Obama's pledge to bring hope and change to America -- was on Wednesday deemed the most influential English word from television in 2009.
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Gaddafi blasts big powers in first U.N. speech

Muammar Gaddafi, in his first address to the United Nations in 40 years as Libya's autocratic ruler, on Wednesday accused major powers on the Security Council of betraying the principles of the U.N. charter.
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Obama to world: U.S. can't fix it all alone

President Barack Obama pressed world leaders on Wednesday to help confront challenges ranging from the war in Afghanistan to nuclear standoffs with Iran and North Korea instead of expecting the United States to do it all alone.
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Geithner urges consumer watchdog

U.S. Treasury Secretary Timothy Geithner argued forcefully on Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope.
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Senate panel debates healthcare affordability

Democrats pushed on Tuesday to make insurance reforms more affordable for workers and Republicans decried what they called a rush to judgment, as a key Senate panel began debate on a sweeping healthcare overhaul.
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FDA, in first tobacco action, bans flavors

The U.S. Food and Drug Administration took its first steps to rein in the tobacco industry on Tuesday, implementing a ban on candy, clove and other flavored cigarettes.
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Qaeda's Zawahri attacks Obama, Arabs in new video

Al Qaeda's number two Ayman al-Zawahri appeared on Wednesday in a new video marking the anniversary of the September 11, 2001 attacks, attacking Arab leaders and Barack Obama for their policies on Israel.
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Obama star power faces new test at U.N meeting

U.S. President Barack Obama makes his United Nations debut on Wednesday, hoping his international star power can throw new muscle behind a policy agenda that is already struggling to deliver.

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