Barrack Obama

Obama and Steve Ballmer require Hu Jintao to strengthen copyright enforcement

January 20, 2011 - 3:38am | Law aspects | News
Obama and Steve Ballmer require Hu Jintao to strengthen copyright enforcement

China was pressed by US President Barack Obama and Microsoft CEO Steve Ballmer to strengthen their policies directed to implement intellectual property rights across the country. Ballmer met with Obama and Chinese President Hu Jintao on Wednesday at the White House to address the issue.

"So we were just in a meeting with business leaders, and Steve Ballmer of Microsoft pointed out that their estimate is that only one customer in every 10 of their products is actually paying for it in China," Obama told a news conference in Washington.


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50% of Americans again approve Barack Obama’s job

January 13, 2011 - 4:12am | Figures | News
50% of Americans again approve Barack Obama’s job

According to a recent poll conducted by Reuters/Ipsos the US President Barack Obama is again getting approval by American people. Still Americans want Obama to focus on reducing debt and spending.

The survey shows that Obama’s job approval increased to 50% up from 45% in December. It is the first time Obama has achieved 50 percent approval in this poll since last June.

Meantime, many Americans disapprove Obama’s job performance with 47% of respondents expressing their negative attitude which is up from 46% last month.


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Millions of unemployed Americans will get jobless payments under the new bill

July 22, 2010 - 3:29am | Law aspects | News
Millions of unemployed Americans will get jobless payments under the new bill

On Wednesday Congress has finally approved bill under which the unemployed people will get payments. According to the official statistics almost 3 million people have no job for half a year and longer. The bill was approved by a 59-39 vote. 

It was announced that those Americans who failed to get a financial support due to Senate’s idleness will get payments as early as next week in some states. The rest of the states will get help a bit later.  


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Americans are increasingly losing their trust in Obama’s economic policy

September 22, 2009 - 10:01am | Figures | News
Americans are increasingly losing their trust in Obama’s economic policy

While much of the focus of President Obama has been on health care reform over the past few weeks, the issue of the economy is still on his plate. Currently, three in five Americans (60%) would rate the job the president is doing on the economy as negative while two in five (40%) would rate his job as positive. This is virtually unchanged from last month when 39% rated President Obama’s economic job performance as positive and 61% rated it as negative. 


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Obama warns teens against posting stuff on Facebook as it may pull up later

September 9, 2009 - 4:28am | News | Other themes
Obama warns teens against posting stuff on Facebook as it may pull up later

President Barack Obama warned American teenagers on Tuesday of the dangers of putting too much personal information on Internet social networking sites, saying it could come back to haunt them in later life.

The presidential words of advice follow recent studies that suggest U.S. employers are increasingly turning to sites such as Facebook and News Corp's MySpace to conduct background checks on job applicants.


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Amendments to the tax code to be proposed by Obama on May 4

May 4, 2009 - 2:45am | Law aspects | News
Amendments to the tax code to be proposed by Obama on May 4

A new set of proposals on international tax policies will be rolled out by the U.S. President Barack Obama on Monday in an announcement with potential implications for U.S. multinational firms, reports the Reuters. According to the White House Obama will be joined by Treasury Secretary Timothy Geithner for the 11:05 a.m. EDT (1505 GMT) event.


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Obama leads America into overspending and tremendous budget deficits

April 7, 2009 - 3:20am | Figures | News
Obama leads America into overspending and tremendous budget deficits

On Monday the Congressional Budget Office released the report that shows the U.S. budget deficit stood for about $1 trillion during the first six months of this fiscal year which began on October 1, according to Reuters. The report says that the government incurred $953 billion in red ink from October through March including $290 billion for the Troubled Asset Relief Program which is three times more than the deficit of 2008 that accounted for $313 billion.


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Americans believe Obama and blame financial institutions for crisis

March 31, 2009 - 10:00am | Figures | News
Americans believe Obama and blame financial institutions for crisis

The new poll results provided by Washington Post/ABC News showed that U.S. President Barack Obama was found to have very little guilt in the current state of the U.S. economy.

80 percent in the respondents blamed banks, financial institutions and corporations in the economic meltdown. About 70 percent also blamed consumers for taking too much debt and the former Bush administration for careless regulation.


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Obama calls upon G20 leaders for “both/and” approach

March 30, 2009 - 9:23am | News | Other themes
Obama calls upon G20 leaders for “both/and” approach

President Barack Obama urges leaders of the G20 to send "a strong message of unity" on confronting the world financial crisis during their meeting this week.

He highlighted that there were signs of improvement in current economies, including the area of the American housing market.


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$787 billion is not an end to economy troubles, says Obama

February 18, 2009 - 7:18am | News | Other themes
$787 billion is not an end to economy troubles, says Obama

$787 billion economic stimulus package was finally singed into law by the President Barack Obama on Tuesday. While he expressed his belief in that the bailout will help the U.S. economy he still noted that this is not the end of troubles. Obama said that it is not all that America needs to do to revive the country but he thinks that the stimulus will be a starting point for the U.S. to create jobs, provide relief to families and pave the way for long-term growth.


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Obama’s assumption, the stock market falls while dollar increases

January 21, 2009 - 3:50am | News | Other themes
Obama’s assumption, the stock market falls while dollar increases

The stock market continued to decline irrespective of the inauguration ceremony that marked the change of the state power. While the stock indexes show large drops in the stocks of banking institutions other sources inform that the inauguration impacted the dollar rate. On Tuesday financial stocks led a huge fall on Wall Street.


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