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Showing 71 - 80 of 140 results for "Barack Obama"

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
... biggest economy. Dealers said the turnaround was brutal in European trade after solid gains in Asia on President Barack Obama's announcement that he had reached an accord with his Republican rivals on raising the debt ceiling and spending cuts. News ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives and the Senate have backed the ...

Market Wrap - Midday

AAP  |  MONDAY, 1 AUG 2011
... soaring after the United States avoided a debt default with an eleventh hour agreement to cut its deficit. President Barack Obama said the deal will cut about $US1 trillion in spending over 10 years and avoid default, which would have had a devastating ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
... Australian Industry Group/Pricewaterhouse performance of manufacturing (PMI) index for July is due. US President Barack Obama is due to give a speech on negotiations to avert a US debt default at 1100 AEST. The Reserve Bank of Australia (RBA) will release ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
... Mitch McConnell (Rep) also made known that he was "more optimistic" that congressional negotiators and President Barack Obama are "very close" to a deal. Moody's Investors Service -- that omnipotent arbiter of all things involving debt - already covered ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUL 2011
... trillion ($A925 billion). The plan would require the debt issue to be voted on again next year, something President Barack Obama does not want. The stalemate over raising the US's borrowing limit has rattled investors. If an agreement is not reached ...

US pension funds issue debt ultimatum

MATT WOODINGTON  |  TUESDAY, 26 JUL 2011
US pension funds have issued a rallying call to President Barack Obama and Members of Congress to act immediately on US debt or risk long term damage to the country's retirement savings. The California Public Employees' Retirement System (CalPERS) released ...

Market Wrap - Midday

AAP  |  TUESDAY, 26 JUL 2011
... 4,538 points, on a volume of 19,823 contracts. IG Markets research analyst Ben Potter said an address by US President Barack Obama on the US debt-ceiling deadlock had failed to register on the local market. The deadlock sent US stocks tumbling overnight. ...

They will deal

BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
... be because except for a few 'old timers', no one has ever experienced an American default. Not even US President Barack Obama. He was not even conceived when the last one happened. According to the New York Times, the US defaulted back in 1933 "in the ...

Market Wrap - Morning

AAP  |  THURSDAY, 21 JUL 2011
... company results bolstered investor confidence. Dealers said sharp gains overnight on Wall Street after US President Barack Obama welcomed a major bi-partisan deal on tackling the public deficit drove Asia higher and set up Europe to build on Tuesday's ...