WASHINGTON (Reuters) - President Barack Obama said on Friday the jump in the unemployment rate to 10.2 percent in October was a "sobering" figure that underscored the economic challenges ahead. Obama, speaking after the U.S. jobless rate unexpectedly rose to a 26 1/2-year high, also said he had signed a bill that extended jobless benefits and homebuyer tax credits. "I just signed into law a bill that will help grow our economy, save and create new jobs and provide relief to struggling families and businesses," Obama said in a statement delivered in the White House Rose Garden. "The need for such a measure was ...
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BENTON HARBOR, Michigan (Reuters) - Former Vice President Dick Cheney on Thursday urged President Barack Obama to commit enough troops to win the war in Afghanistan, warning hesitation would embolden U.S. foes and devastate its allies. "I don't see how he can do anything other than move aggressively to achieve victory," the Wyoming Republican, a harsh critic of the new administration, said in a speech to a Michigan business group. "Our adversaries take heart from our hesitation and vacillation," Cheney said. "Our not following through will have devastating consequences not only for Afghanistan but also for our NATO allies. This is the first time ...
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WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton on Thursday said a draft nuclear cooperation deal between Iran and three major powers will not be changed and urged Iran to accept it as is. "This is a pivotal moment for Iran. We urge Iran to accept the agreement as proposed and we will not alter it and we will not wait forever," she told reporters in Washington. Tehran and Washington have been at odds for years over Iran's nuclear program, which Western powers fear is a covert effort to develop nuclear weapons. Iran has denied that and says it needs nuclear technology to ...
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WASHINGTON (Reuters) - President Barack Obama said on Sunday the approval of a long-delayed election law by Iraq's parliament would allow the polls to go ahead early next year and pave the way for the withdrawal of U.S. forces. The national election, due to be held in January, is seen as a crucial test for Iraq, the world's 11th largest crude oil producer, as it emerges from the sectarian carnage that followed the U.S. invasion in 2003. "This agreement advances the political progress that can bring lasting peace and unity to Iraq and allow for the orderly and responsible transition of American combat troops ...
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GINOWAN, Japan (Reuters) - Thousands of Japanese gathered in sweltering heat on the southern island of Okinawa on Sunday to demand that a U.S. Marine base be moved out of the region, days ahead of a visit by President Barack Obama. The row over the re-siting of the Futenma air base threatens to stall a realignment of the 47,000 U.S. military personnel in Japan and sour defense ties between the two countries, seen as key in a region home to a rising China and an unpredictable North Korea. It could also prove a domestic headache for Prime Minister Yukio Hatoyama, whose support ratings have ...
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