POLITICS

Senate, House eye action on China currency Posted September 8, 2010

WASHINGTON (Reuters) - A volatile political environment is boosting the possibility that U.S. lawmakers will pass legislation designed to prod China into letting its currency rise more rapidly against the dollar. "The chances are certainly on the rise, I think for two reasons," Jeremie Waterman, senior director for China at ...More

Clinton sees drug "insurgency" in Mexico and Central America Posted September 8, 2010

Forensic worker takes pictures at a crime scene where five hitmen were killed in a shootout with sol

WASHINGTON (Reuters) - Drug gangs in Mexico and Central America are morphing into an insurgency like that which gripped Colombia 20 years ago, Secretary of State Hillary Clinton said on Wednesday, promising more U.S. help to fight traffickers. "These drug cartels are now showing more and more indices of insurgency ...More

Brazilian mouse made U.S. elephant run on trade: Lula Posted September 8, 2010

BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva boasted on Wednesday of having won trade disputes against the United States and likened his country to a mouse that scared an elephant. "We had a fight with the United States in the WTO on cotton and we won. We had ...More

More stimulus needed for economy: Geithner Posted September 8, 2010

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession. In televised interviews to argue for President Barack Obama's latest proposals for business investment tax breaks and infrastructure investment, Geithner said ...More

Obama to attend U.N. meeting on Sudan September 24 Posted September 8, 2010

UNITED NATIONS (Reuters) - President Barack Obama will attend a U.N. summit on Sudan this month, U.S. officials said on Wednesday as they stepped up a bid to head off conflict there before a referendum that could split the African nation. U.S. Ambassador to the United Nations Susan ...More

Speculation swirls as top Obama aide mulls mayoral run Posted September 8, 2010

White House Chief of Staff Emanuel listens to U.S. President Obama during a news conference in Washi

WASHINGTON (Reuters) - Nobody at the White House would be surprised if President Barack Obama's influential right-hand man, Rahm Emanuel, decides to run for Chicago mayor and already there is speculation as to who would replace him. Mayor Richard Daley's decision on Tuesday to not seek re-election on February ...More

U.S. seeks to support Iran democratic forces: Clinton Posted September 8, 2010

WASHINGTON (Reuters) - The United States tries to support democratic forces in Iran but in a way that does not undermine or endanger them, U.S. Secretary of State Hillary Clinton said on Wednesday. Speaking to foreign policy experts, Clinton also said she believed the Iranian people eventually will respond to ...More

Obama to attend U.N. Sudan meeting September 24 Posted September 8, 2010

UNITED NATIONS (Reuters) - U.S. President Barack Obama will attend a U.N.-organized summit on Sudan on the margins of the U.N. General Assembly on September 24, U.S. Ambassador to the United Nations Susan Rice said on Wednesday. The meeting in New York will bring together leaders ...More

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