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Click here to visit the new home of Politics Daily!(Nov. 23) -- Long-established tensions on the Korean peninsula escalated today when North Korea fired dozens of shells at a South Korean island near the countries' disputed maritime border, killing at least two South Korean soldiers and injuring dozens more. South Korean artillery units returned the fire as the country's military entered crisis mode. South Korea's Yeonpyeong Island is home to one of the nation's key military bases, and at the time of the attack, more than 70,000 troops had just begun an annual military drill called "Safeguarding the Nation," which involves firing test shots ...
SEOUL, South Korea (Nov. 10) -- President Barack Obama said a strong, job-creating economy in the United States would be the country's most important contribution to a global recovery as he pleaded with world leaders to work together despite sharp differences. Arriving in South Korea on Wednesday for the G-20 summit, Obama is expected to find himself on the defensive because of plans by the Federal Reserve to buy $600 billion in long-term government bonds to try to drive down interest rates, spur lending and boost the U.S. economy. Some other nations complain that the move will give American ...
TORONTO (June 27) -- Police and protesters clashed near a makeshift detention centre in Toronto on Sunday, a day after a peaceful protest aimed at the G20 summit turned ugly in Canada's largest city. ...
President Barack Obama called on partner economies around the world to maintain fiscal stimulus in the face of threats to the global recovery, even as he struggles to wring more money from Congress to help job creation in the U.S. Agenda-Setting Abroad In a letter to leaders of the Group of 20 countries -- whom he'll join for an economic summit at the end of the month in Toronto -- Obama laid out an agenda that also includes balancing budgets and tightening financial regulation. But he emphasized what he called a "unity of purpose" toward nourishing business demand and getting people back to ...
Has President Obama decided that it won't be possible to craft a comprehensive treaty to reduce global warming emissions when the nations of the world gather in Copenhagen in December for what's been billed as a critical climate summit?After Obama took office, his administration indicated it wanted to lead the way to an international treaty that would bring about worldwide cuts in greenhouse gases and that could be signed at Copenhagen at the end of this year. But the road to Denmark has become full of bumps, potholes and, perhaps, dead ends. The basic dynamic is this: Emerging economic ...
In a hastily arranged appearance before reporters in Pittsburgh on Friday morning, President Obama, along with British Prime Minister Gordon Brown and French President Nicolas Sarkozy, accused Iran of constructing a secret underground nuclear facility and hiding it from international weapons inspectors. American officials have been monitoring the plant for years, but Obama decided to make it public after Iran learned that Western intelligence agencies had breached the facility's secrecy. Trying to play catch-up on Monday, Iran notified the International Atomic Energy Agency in a cryptic ...
As world leaders met to discuss international economics and diplomacy in Pittsburgh on Thursday evening, police used tear gas and ear-splitting sirens to keep throngs of youthful anti-globalization protesters at bay. The demonstrators, many of them dressed in black and some wearing black masks, overturned dustbins to make a barricade in the neighborhood of Lawrenceville. "By order of the city of Pittsburgh chief of police, I hereby declare this to be an unlawful gathering. I order all of those present to immediately disperse," police officers said through powerful megaphones. At one point, ...
First Lady Michelle Obama's gifts to spouses of global leaders attending the G20 summit in Pittsburgh are safe, conventional and include a product from her White House garden. The gifts are described as "personal and historical" and were made public on Thursday afternoon, though clearly they have been in the works for some time. ...
Los Angeles TimesWhen Americans learned that unemployment had reached its highest level in a quarter of a century last week, President Obama was midway through a star turn in Europe. And next week, with barely time to pack fresh shirts and refuel Air Force One, he's off again -- first to Mexico, then to a summit meeting in the Caribbean....James Carville, an architect of former President Clinton's victory in 1992, said his guess was that the weeklong, multi-country visit would be a "neutral" to "a slight positive" for Obama but could turn out to be a mistake.Carville said people had been ...
In advance of President Barack Obama's European trip for the G20 meetings, some European leaders who greeted his election so enthusiastically mere months ago have put on a decidedly skeptical face for the new American president and his economic policies. Many in Europe see the world's current economic climate as a result of societal excess and a lack of government regulation. They want to see stricter government controls on banks and businesses in the United States, and less of the direct spending called for by the Obama Administration in its $3.6 trillion budget and $787 billion economic ...
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