Word: obamas
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...Obama Administration is hard at work courting Russian and Chinese support for toughening up the U.N. sanctions regime against Iran. But winning the cooperation of Dubai might be equally important in the effort to squeeze Tehran. The Emirate may have no vote on the Security Council, but Iran's tiny neighbor is widely regarded as the easiest route for smuggling illicit goods into the Islamic Republic...
...leaders of the U.S. and China appear to be putting recent strains in their relationship behind them. China's Foreign Ministry announced on Thursday, April 1, that President Hu Jintao would attend the global nuclear-security summit in Washington on April 12 and 13. Hours later, Hu and President Obama spoke for an hour by phone. Considerable differences on a wide range of issues are unlikely to be easily resolved, but Washington and Beijing may be moving to manage those differences in a more cooperative fashion...
...attendance at the nuclear summit had been in doubt following Obama's January decision to approve the sale of $6.4 billion in arms to Taiwan, which China considers part of its territory. A month later, Obama met with the Dalai Lama, the exiled Tibetan spiritual leader accused by Chinese leaders of seeking Tibetan independence. In the span of a few weeks, the U.S. had prodded China on two of its most sensitive issues, prompting an angry backlash, including a suspension of some high-level military exchanges. Beijing also refused to even discuss U.S. proposals for new sanctions against Iran over...
...less inclined to adopt a confrontational stance on China's currency policy. "If April 15 comes and goes without a report, I don't think I'd be surprised," says Stephen Green, head of China research at Standard Chartered Bank in Shanghai. During their phone conversation Thursday, Hu told Obama that "healthy and stable economic and trade relations between China and the United States serve the interests of both countries," according to the state-run Xinhua News Agency. The report didn't say whether the two leaders had discussed China's currency. (See pictures of the global financial crisis...
...Xinhua reported. "Taiwan and Dalai are two issues that China will always mention in occasions like this, but I don't think China will expect any constructive replies from the U.S.," says Jin. "I think China will mention those two issues just to declare their position." (See pictures of Obama visiting Asia...