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Mar 3, 2014

Obama says Russia has violated international law in Ukraine

WASHINGTON (Reuters) – President Barack Obama said on Monday that Russia has violated international law with its military intervention in Ukraine and warned that the U.S. government will look at a series of economic and diplomatic sanctions that would isolate Moscow.

Russian President Vladimir Putin needs to allow international monitors to mediate a deal in Ukraine acceptable to all Ukrainian people, Obama told reporters before he met with Israeli Prime Minister Benjamin Netanyahu.

Mar 3, 2014

Sperling, Obama’s quirky and loquacious economic aide, makes exit

WASHINGTON (Reuters) – It seems fitting that Gene Sperling, a White House economic aide with a taste for the theatrical, is heading to Hollywood when he ends his latest West Wing tenure this week.

Sperling is exiting stage left to cap a combined 12 years as an economic adviser to Democratic presidents Bill Clinton and Barack Obama, a remarkable show of stamina given the punishing hours and sharp elbows in Washington.

Mar 2, 2014

Obama’s dilemma: boosting domestic initiatives without adding to deficit

WASHINGTON (Reuters) – President Barack Obama will unveil a budget this week that seeks to boost spending on new initiatives such as road repairs, education programs and tax breaks for the working poor while avoiding an increase in U.S. deficits.

Obama has made reducing the gap between the rich and the poor a centerpiece of his agenda for his next three years in office. But he is limited in his ability to offer bold new initiatives because of a budget accord he reached in 2011 with House of Representatives Republicans that puts strict curbs on both domestic and military spending.

Feb 28, 2014

Obama warns Russia of ‘costs’ for intervention in Ukraine

WASHINGTON (Reuters) – President Barack Obama warned Russia on Friday that military intervention in Ukraine would lead to “costs,” as tension with old foe President Vladimir Putin rose in a Cold War-style crisis.

“We are now deeply concerned by reports of military movements taken by the Russian Federation inside of Ukraine,” he told reporters.

Feb 23, 2014

Obama to unveil manufacturing institutes in Detroit, Chicago

WASHINGTON (Reuters) – President Barack Obama will announce two new manufacturing institutes aimed at attracting and nurturing businesses that will hire workers for highly paid jobs in the United States, a White House official said on Saturday.

One institute, to be located in Detroit, will focus on lightweight and modern metals. The other, in Chicago, will concentrate on digital manufacturing and design technologies, the official said.

Feb 23, 2014

U.S. calls for peaceful change in Ukraine

WASHINGTON (Reuters) – The United States said on Saturday the dramatic ouster of Ukraine’s President Viktor Yanukovich and the release of opposition leader Yulia Tymoshenko could move the country away from violence toward a political settlement.

The White House said Washington was keen to see the country build a new government and hold early elections.

Feb 20, 2014

U.S., Mexico, Canada eye ways to curb trade frictions: Obama

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama and his Canadian and Mexican counterparts on Wednesday discussed ways to reduce any trade frictions at summit in central Mexico of the North American leaders dubbed the “Three Amigos.”

U.S. Commerce Secretary Penny Pritzker said earlier this month that the 20-year anniversary of the North American Free Trade Agreement (NAFTA) between the three nations was an appropriate moment to look at how to “upgrade” North American trade ties.

Feb 19, 2014

Obama lauds economic reform drive of Mexico’s Pena Nieto

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama on Wednesday praised his Mexican counterpart Enrique Pena Nieto for pushing through a raft of economic reforms, as the pair met for a North American leaders’ summit in central Mexico.

Pena Nieto has overhauled swathes of Mexico’s economy, including the key energy and telecoms sectors, in a bid to boost competition and economic growth that has long lagged that of regional peers. However, it will be years before the full economic impact of the reforms is felt.

Feb 19, 2014

Obama warns Ukraine of consequences if violence continues

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama warned Ukraine on Wednesday that there would be consequences if the violence in Kiev continues, saying the United States holds the Ukrainian government responsible for dealing peacefully with protesters.

Speaking to reporters ahead of a meeting with Mexican President Enrique Pena Nieto, Obama said the Ukrainian military should not step into a situation that could be resolved by civilians.

Feb 19, 2014

U.S. urges Ukraine to call truce with opposition

ABOARD AIR FORCE ONE (Reuters) – The United States on Wednesday urged the Ukrainian government to pull back riot police from Independence Square in Kiev, call a truce and hold discussions with the opposition after least 26 people died in the worst violence since the former Soviet republic gained independence.

White House Deputy National Security Adviser Ben Rhodes said the United States would consider the use of sanctions against those responsible for the violence in Ukraine.

    • About Mark

      "Mark Felsenthal is a Reuters White House correspondent who covered Barack Obama's re-election in 2012 and the fiscal crisis that immediately followed. Since joining Reuters in 2001, he has written about monetary policy, currency wars, and the housing market meltdown."
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