Caren's Feed
Nov 13, 2011

Obama warns Hu of U.S. frustrations on trade

HONOLULU, Nov 12 (Reuters) – U.S. President Barack
Obama sought to ratchet up pressure on China over its currency
and trade policies, warning Chinese President Hu Jintao on
Saturday that Americans were growing “impatient and frustrated”
over economic relations.

Obama, under pressure to create jobs at home and trying to
highlight U.S. influence abroad, adopted a more steely tone with
Hu than he has at other recent meetings with his Chinese
counterpart.

Nov 12, 2011

Obama says China must play by the rules

HONOLULU (Reuters) – President Barack Obama used an Asia-Pacific summit on Saturday to push back against China’s trade practices, insisting Beijing stop poaching U.S. intellectual property and allow its currency to rise.

Obama, under pressure to create jobs at home and eager to highlight U.S. influence abroad, said an undervalued Chinese yuan was putting U.S. businesses at a disadvantage and a change in the currency policy would help the global economy.

Nov 11, 2011

Fears grow of gridlock on U.S. jobs, deficit

WASHINGTON (Reuters) – A series of messy budget showdowns earlier this year have left many in Washington pessimistic that U.S. politicians can deliver on two pressing priorities: taming surging deficits and spurring job growth.

Heading into the 2012 election year, both President Barack Obama and his Republican opponents face huge pressure to avoid the kind of standoffs that nearly forced a government shutdown and that led to a protracted debt-limit fight over the summer.

Nov 11, 2011

Obama seeks to hitch U.S. economy to Asian growth

WASHINGTON (Reuters) – With Europe mired in crisis, President Barack Obama is launching a charm offensive this week to hitch the U.S. economy to growth opportunities in Asia that he hopes can help power the recovery he needs for re-election.

Obama, who was born in Hawaii and spent part of his childhood in Indonesia, will host Asian leaders including Chinese President Hu Jintao and Japanese Prime Minister Yoshihiko Noda in Honolulu this weekend to seek to improve trade ties across the Pacific.

Nov 4, 2011

Preview: Fears grow of gridlock on jobs, deficit

WASHINGTON (Reuters) – A series of messy budget showdowns earlier this year have left many in Washington pessimistic that politicians can deliver on two pressing priorities: taming surging deficits and spurring job growth.

Heading into the 2012 election year, both President Barack Obama and his Republican opponents face huge pressure to avoid the kind of standoffs that nearly forced a government shutdown and that led to a protracted debt-limit fight over the summer.

Nov 3, 2011

White House: Too soon to write off U.S. debt panel

WASHINGTON, Nov 3 (Reuters) – The White House still has
hopes for a congressional deal to cut the U.S. budget deficit,
despite a looming Nov. 23 deadline and low expectations from
the 12-member “super committee” charged with making a deal.

Many in Washington are growing increasingly pessimistic
about the prospects for an agreement among the Democratic and
Republican lawmakers on the special budget panel.

Nov 2, 2011

Obama to grapple with waning influence at G20

WASHINGTON (Reuters) – President Barack Obama faces the delicate task of pushing European leaders to solve their debt crisis without appearing to lecture them at a summit of world economic powers this week.

Obama heads to France later on Wednesday to urge Europe to fix the long-running crisis that could send the already-weak U.S. economy into another recession.

Nov 1, 2011

Obama planning next steps in Afghan drawdown

WASHINGTON (Reuters) – The White House has asked the Pentagon for initial recommendations for the U.S. troop presence in Afghanistan in 2014, a first step in planning the final U.S. drawdown there despite a bleak security outlook.

Sources familiar with the discussions said President Barack Obama’s top aides have asked for scenarios for 2014. As part of that process, the Pentagon must look at troop levels for 2013 — suggesting deeper withdrawals beyond the removal, by next September, of the 33,000 surge troops Obama deployed in a bid to turn around the flagging decade-old conflict.

Nov 1, 2011

Exclusive: Obama planning next steps in Afghan drawdown

WASHINGTON (Reuters) – The White House has asked the Pentagon for initial recommendations for the U.S. troop presence in Afghanistan in 2014, a first step in planning the final U.S. drawdown there despite a bleak security outlook.

Sources familiar with the discussions said President Barack Obama’s top aides have asked for scenarios for 2014. As part of that process, the Pentagon must look at troop levels for 2013 — suggesting deeper withdrawals beyond the removal, by next September, of the 33,000 surge troops Obama deployed in a bid to turn around the flagging decade-old conflict.

Nov 1, 2011

Obama to shift spotlight to Asia at Hawaii summit

WASHINGTON, Nov 1 (Reuters) – President Barack Obama, whose
foreign policy agenda has been dominated by Middle East
upheaval and European debt this year, will try to shift the
spotlight to Asia this month to make good on his promise to
deepen U.S. ties in the region.

East Asia, with its economic dynamism and challenge from
China, has been a priority for Obama and Secretary of State
Hillary Clinton from their first days in office. But often
their time and media attention have been usurped by conflict in
Afghanistan, Libya, Iraq and elsewhere.

    • About Caren

      "Caren has covered the White House since 2003. In 2008, she was a lead correspondent covering President Barack Obama's campaign. She has covered international summits, the federal budget, U.S. policy on Iraq and Afghanistan, and has reported extensively on the U.S. economy. Caren joined Reuters in 1992. Caren is president of the White House Correspondents Association."
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