Word: obamas
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...Obama has faced a strong united front in recent months from Republicans in Congress, on cable TV and talk radio and across the country who have shown discipline in rallying around a common message about the flaws in the Democrats' health care gambit. So he still has a lot of work to do this week. To avoid a failure of unimaginable consequences, the President needs to inspire equivalent unity within his own party. It won't be easy to herd Congress's collection of tense, defensive, anxious Democrats, distracted by tough re-election bids and the grim disapproval...
...Obama and Bush (Shocking as It Seems) Are Similar...
...presumably referring to the U.S.: President Obama declared in a speech last week that he wanted to double U.S. exports over the next five years and challenged China to adopt a "market-oriented exchange rate" for its currency, the renminbi. But the policies that Wen was criticizing are in many respects what China has pursued for years. The renminbi has been pegged against the dollar since mid-2008, and overseas economists say the currency may be undervalued by as much as 40%. Trade is a key component of economic growth for China, the world's largest exporter, and the government...
...comments follow a period of deteriorating Sino-U.S. relations that began late last year, when he was accused of snubbing Obama during the Copenhagen climate talks. On Sunday, Wen said he had been slighted first when he wasn't invited to a meeting of national leaders during the conference in Denmark. He responded by sending a deputy official, which prompted criticism from some delegations...
...Relations between the two powers came under strain again in January after Obama approved a $6.4 billion arms package to Taiwan, the self-ruled island that China considers part of its territory. A month later, Obama met the Dalai Lama at the White House, further angering the Chinese, who consider the exiled Tibetan spiritual leader to be a "splittist" who advocates independence for Tibet. Wen blamed the U.S. for the recent difficulties, specifically citing the Taiwan arms sale and the Dalai Lama meeting. "The responsibility for the serious disruption in U.S.-China ties does not lie with the Chinese side...