Obama promises unrelenting effort to fix economy but warns ‘more will be lost’

September 24th, 2009 Sotomayor got lost on way to White HouseWASHINGTON — A funny thing happened on Sonia Sotomayor's drive to Washington to be announced as President Barack Obama's first Supreme Court nominee: She got lost. The Supreme Court's first Hispanic justice told C-SPAN that a friend drove her from New York City to the District of Columbia the night before her appearance at the White House with Obama.

September 21st, 2009 Obama: Unemployment a problem at least 1 more yearNEW YORK — President Barack Obama says he expects unemployment will be a "big problem" for at least another year. Speaking during taping of "The Late Show" with David Letterman, Obama called the $787 billion economic stimulus program that Congress enacted earlier this year a "tourniquet" that stopped the economic bleeding.

September 14th, 2009 Obama warns Wall Street againt high-risk behaviorNEW YORK — President Barack Obama says he sees new signs of the kind of high-risk business behavior that nearly caused a financial meltdown a year ago and is warning Wall Street there won't be another bailout. In a widely anticipated speech in the heart of New York's financial district, Obama also said he feels confident that the country's financial system has been steadied.

September 11th, 2009 Levin warns US has lost initiative in AfghanistanWASHINGTON — Senate Armed Services Chairman Carl Levin says the U.S. has "lost the initiative" in the war against insurgents in Afghanistan.

August 5th, 2009 WASHINGTON - A new piece of research suggests that what an organization promises to employees-training opportunities, benefits, compensation, etc.-do not matter nearly as much as what the organization actually delivers. Samantha Montes and co-author David Zweig, professors at the Rotman School of Management and the University of Toronto Scarborough, have found that the influence of promises has little effect on employee's emotional reactions toward the organization, their intentions to stay with the organization, and intentions to engage in citizenship behaviours.

July 16th, 2009 Obama says health costs will rise without actionHOLMDEL, N.J. — President Barack Obama says he wants a health care overhaul this year and that costs will continue to rise without action.

July 14th, 2009 Obama says unemployment will keep ticking upWARREN, Mich. — Watching the unemployment rate continue to climb despite his efforts to stop it, President Barack Obama on Tuesday proposed a $12 billion investment in the nation's two-year colleges to help train millions of unemployed people for jobs he says will be created once the economy turns around.

July 3rd, 2009 WASHINGTON - The US economy shed a surprising 467,000 jobs in June and the jobless rate climbed to 9.5 percent, in what President Barack Obama called a "sobering" sign that the country's deep recession is far from over. The Labour Department's report sent US stocks plummeting more than 2 percent.

June 8th, 2009 Obama promises more than 600,000 stimulus jobsWASHINGTON — President Barack Obama says the United States remains in a deep recession that will take considerable time to escape. Obama met at the White House with his top administration officials on Monday to hear an update on his $787 billion spending plan.

April 30th, 2009 Obama 'hopeful' for resolution for ChryslerWASHINGTON — President Barack Obama expressed optimism Wednesday night that Chrysler could remain a "going concern," possibly without filing for bankruptcy, a generally upbeat assessment on one of numerous challenges he has confronted in a whirlwind first 100 days in office. Obama said "unions and creditors have come up with a set of potential concessions that they can live with," adding, "All that promises the possibility that you can get a Chrysler-Fiat merger." Obama made his remarks at a prime-time news conference that capped his 100th day in office, a time of national testing given a deep economic recession and unprecedented credit crunch.

April 29th, 2009 Fed says it sees signs recession may be easingWASHINGTON — The Federal Reserve says it sees signs the recession may be easing but warns the economy is likely to remain weak. Against that backdrop the Fed held its key lending rate at a record low of between zero and 0.25 percent.

April 29th, 2009 Fed sees signs recession may easingWASHINGTON — The Federal Reserve says it sees signs the recession may be easing but warns the economy is likely to remain weak. Against that backdrop the Fed held its key lending rate at a record low of between zero and 0.25 percent.

April 28th, 2009 WASHINGTON - Mia Farrow thinks that U.S. president Barack Obama has not done enough for the people of Darfur.

February 4th, 2009 WASHINGTON - US President Barack Obama warned of an economic 'catastrophe' if lawmakers were unable to pass an unprecedented economic stimulus package and slammed Republicans for failing to recognise the outcome of the country's general election last year. 'A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession,' Obama warned Wednesday at the White House.

January 20th, 2009 TEHRAN - Iran's Deputy Foreign Minister Mehdi Safari has said that US President Barack Obama must fulfil the promises he made regarding Iran during his campaign if he is to revive ties between the two countries, Iran's IRNA news agency reported Wednesday. He added that Iran will accept no preconditions for talks over its nuclear issue.