Setbacks aside, Obama claims stronger global hand

President Barack Obama claim a stronger hand on the world stage Friday in spite of electoral defeats at home, stop working to get a free-trade agreement with South Korea and dreary all-inclusive hold for his get-tough rule with China on deal and money dispute.

"It wasn't any easier to talk about cash when I was first chosen and my poll numbers were at 65 percent," Obama argue at the close of the G-20 summit, following frankly accusing Beijing of undervalue its money.

The president fly to Japan for the APEC peak without the coveted deal deal with Korea or a united front with additional countries against China's currency policy. He also endure a gusher of censure from other countries about a choice by the U.S. central bank to pump $600 billion into the U.S. economy, something China, Germany and others think could produce weaker the dollar and lead to inflation.

Obama Welcomes Iraq Political Dea

President Obama on Friday praise Iraq’s steps to form a new government as “one more marker in the the past of contemporary Iraq,” still as a long-overdue power-sharing agreement frayed from the outset.

Iraq’s new meeting open at last on Thursday, almost eight months after the country’s election, with associate re-electing Jalal Talabani as president. Mr. Talabani then formally chooses Prime Minister Nuri Kamal al-Maliki for a second term in office, generous him 30 days to form a cabinet of ministers.

The session’s intended comity was marred, on the additional hand, when Mr. Maliki’s chief rival, Ayad Allawi, and his supporters walked out in grievance leaving the ultimate fate of the agreement unclear.

Why Fed bond-buying plan is raising trade tensions

The Federal Reserve's figure to buy more Treasury bonds has confident critics at home to criticize of expected high price rises and financial chaos.

It twist out many foreigner are attractive angry, too. They say the Fed's $600 billion program is a system to give U.S. exporters an unfair edge - one that endangers the global financial system.

Is it? Or is the Fed's plan a credible way to help end a anxious jobs crisis and revitalize a still-tepid monetary system?

In also case, few argument that Fed Chairman Ben Bernanke is taking a risk. Whether or not his plan succeeds in aiding the U.S. economy, it risks trigger a trade war and confident dangerous conjecture in monetary markets

Pessimism pervades as G20 leaders show sharp split

A bodily influential sense of cynicism wearing a veil the start of a monetary top of rich and rising economy Thursday, with President Barack Obama and man world leaders arriving in Seoul loudly divided over money and trade policies.

The Group of 20 summits, held for the first time in Asia, has become the centerpiece of international labors to refresh the global economy and prevent prospect monetary meltdowns.

Stop working in Seoul could have severe punishment. The risk is that countries would try to keep their currency artificially low to give their exporters a gung ho edge in global markets. That could lead to a unhelpful trade war. Countries strength throws up barriers to import a repeat of policies that worsen the Great despair.

Obama: Strong US economy key to global recovery

President Barack Obama said a actually influential, job-creating country in the United States would be the country's most important payment to a global revival as he pleaded with world leaders to work as one in spite of sharp difference.

Inner in South Korea on Wednesday for the G-20 top, Obama is predictable to find him on the self-protective since of plans by the Federal Reserve to buy $600 billion in long-term government bonds to try to drive down amalgamation rates, spur lending and boost the U.S. economy. A small other nation complains that the go will give American goods an unfair benefit.

In a mail sent Tuesday to leaders of the Group of 20 main economic powers, Obama protected the steps his management and assembly have in use to help the financial system.

US approval of arms pact with Russia looking shaky

Governing body backing of President Barack Obama's nuclear arms accord with Russia, which once look close up to a sure thing, is now in hazard.

The organization is scrambling to get sufficient Republican hold up in the Senate to approve the New START treaty previous to the Democrats' prevalence shrinks by six in January. Except Republicans have little temptation to give Obama a big following boost after send-off him reeling from their brawny gains in last week's congressional ballot vote.

A disappointment to win passage possibly will trip up one of the administration top foreign policy goals: improving family members with Russia. The agreement, signed in April by Obama and Russian President Dmitry Medvedev, has been the most touchable sign of achievement, and failure to get it ratified could be viewed as a warning in Moscow. It also would leave Obama's push for even better limits on the world's nuclear arsenal in doubt.

US Airways to put in 500 attendants and pilots

US Airways consideration Monday it will add 500 flight staff and pilots next year more often than not to wrap intended retirements and scrape.

It will there the jobs to furloughed workers first and then hire from exterior the company. The agreement is to fill 420 flight helper openings and 80 pilot spots.

At the back the recall, the Tempe, Ariz., airline will have up to 100 pilots on voluntary leave, other than no more flight staff on that list.

When the process is complete, the airline will have about 4,970 lively pilots and 7,300 active flight attendants. US Airways plans to add seats internationally next year but keep family information flat.