Word: baracks
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...Some speculate that the Chinese government's sudden announcement that Disney could go ahead may be timed to precede U.S. President Barack Obama's first visit to China Nov. 15-18, which will include a stop in Shanghai. "It's a huge investment," says Shaun Rein, managing director of China Market Research Group in Shanghai. "By allowing this now, it gives face to Obama and really shows that China and the U.S. need to work together to get out of this financial malaise...
...never expected that people would get as worked up over Jon Corzine as they did over Barack Obama,” Lam said. “But I also think that it’s important for progressives to understand that you can’t just win one presidential election and have Obama wave a magic wand and make everything better...
There's no question that President Barack Obama is taking his time in deciding whether to send the 40,000 extra U.S. troops to Afghanistan that his commander has requested. The debate in Washington is over whether that delay constitutes dangerous "dithering" in the face of a growing danger or prudent pause in the face of a looming quagmire...
...obvious example, which will be front and center when U.S. President Barack Obama makes his first visit to China on Nov. 15, is the exchange rate of Beijing's currency, the renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has since the onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed...
...Obama Administration's bid to relaunch an Israeli-Palestinian peace process is falling apart faster than you can say settlement freeze - in no small part because President Barack Obama began his effort by saying settlement freeze. On Monday, Secretary of State Hillary Clinton found herself struggling to persuade skeptical Arab foreign ministers to see the silver lining in Israel's "No, but ..." answer to the U.S. demand that Israel halt all construction in the occupied West Bank and East Jerusalem. At least Israeli Prime Minister Benjamin Netanyahu was offering to restrain settlement activity, Clinton said, but Arab leaders, whom Obama...