Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 92 results for "President Obama"

Obama punts on US$300bn jobs package

ALEX DUNNIN  |  THURSDAY, 8 SEP 2011
... that is nearly as big as the entire Australian commonwealth annual budget. Adjusted for relative population size, president Obama's US$300 billion jobs package would be equivalent to prime minister Julia Gillard announcing a program worth $20 billion. ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... houses where the debate about raising the debt ceiling has been both bitter and protracted. With two days to spare, President Obama urged both Republicans and Democrats to support the initiative. "We're not done yet: I want to urge members of both parties ...

Deal or no deal

BENJAMIN ONG  |  FRIDAY, 22 JUL 2011
... final buzzer, we all know that the final call would be "deal!" The New York Times reported last night that US President Obama (Democrat) and House Speaker John Boehner (Republican) were nearing a "major budget deal." Hooray! Until it runs into some opposition ...

D-E-B-T

BENJAMIN ONG  |  TUESDAY, 19 JUL 2011
... cuts and measures to cap government spending and indelibly ink a 'balanced budget' proviso into the Constitution. President Obama doesn't - he's already promised to veto this. Yak, yak, yak. Yes, Republicans and Democrats will continue to do this until ...

All up

BENJAMIN ONG  |  THURSDAY, 14 APR 2011
... worry about, "Wage pressures were reported to be mostly contained." Or perhaps the bond market is reacting to President Obama's announcement of his plan to cut US$4 trillion off America's cumulative deficit within 12 years by cutting fiscal spending ...

Cashed-up China eyes US investments

... IT group Lenova who said that the $300 billion China sovereign wealth fund discussed the possibilities with US president Obama during the recent state visit by China president Hu Jintao, reported the Asia Wall Street Journal. Lenovo is seen as having ...

China no slow

BENJAMIN ONG  |  FRIDAY, 21 JAN 2011
"You're nothing without me A no one who'd go undefined You wouldn't exist You'd never be missed." US President Obama might have as well be singing these lyrics from the "City of Angels Musical" when, according to the Australian Financial Review, he ...

Of Jobs, Hu and Obama

BENJAMIN ONG  |  WEDNESDAY, 19 JAN 2011
... Street Journal that, "We both stand to gain from a sound China-US relationship, and lose from confrontation." President Obama, in turn, would echo Secretary of State Hillary Clinton's pronouncement that, "Our economies are entwined and so are our futures. ...

US considers retirement reforms

JOHN MCDULING  |  THURSDAY, 2 DEC 2010
As part of a broader effort to get the US debt position under control, President Obama's deficit commission has proposed raising the retirement age and commencing a serious discussion around increasing retirement savings. It echoes the kind of debate ...

More US investment banks close prop desks

JOHN MCDULING  |  FRIDAY, 1 OCT 2010
... Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed by the US congress and signed into law by President Obama in July, incorporated the "Volcker Rule", which prohibits investment banks from engaging in proprietary trading and ...