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Italy's "wise men" seek to end political crisis; president gloomy

Italian President Giorgio Napolitano expressed despair on Tuesday at fierce criticism of his latest plan to end a post-election deadlock that has raised fears of months of instability in the euro zone's third largest economy.

 

Economy to be Obama's focus in State of the Union

President Barack Obama will focus his State of the Union address on boosting job creation and economic growth at a time of high unemployment, underscoring the degree to which the economy could threaten his ability to pursue second-term priorities such as gun control, immigration policy and climate change.

 

Obama orders new steps to help small business

Barack Obama

President Barack Obama on Wednesday ordered a series of modest steps aimed at helping small businesses, his latest election-year effort to counter Republican attacks on his economic record and show voters he is trying to tackle high unemployment.

 

Obama Urges Congress to Extend, Expand Small-Business Tax Breaks

President Barack Obama sent Congress today a package of small business measures he said would expand tax relief and unlock capital to boost the economy and create jobs.

 

Argentine President Wins Landslide Re-Election

Argentine President Wins Landslide Re-Election

President Cristina Fernandez, buoyed by Argentina's booming economy, was re-elected by a landslide Sunday, exit polls predicted. The polls aid Fernandez won 54 percent to 55 percent of the votes cast -- the widest victory margin for any Argentine president since democracy was restored in the country three decades ago.

 

Obama to propose $300 billion jobs package: report

Obama to propose $300 billion jobs package: report

President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

 

Obama wants joint address to Congress

Obama wants joint address to Congress

President Barack Obama requested time Wednesday to deliver an economic address to a joint session of Congress on the evening of September 7 -- a prime-time platform to unveil his long-awaited jobs proposal.

 

Obama to tap Krueger for economic post

Obama to tap Krueger for economic post

A White House official says President Barack Obama will name labor economist Alan Krueger to a top administration post.

 

Obama says Europe's debt crisis must be contained

President Barack Obama said on Tuesday that he and German Chancellor Angela Merkel agreed that Europe's debt crisis must be contained.

 

Obama pivots, eyes Medicare changes, tax increases

Obama pivots, eyes Medicare changes, tax increases

President Barack Obama, two years into a presidency that increased spending to prime a weak economy, is turning his attention to the nation's crushing debt and trying to counter a Republican anti-deficit plan with a framework of his own that tackles politically sensitive health care programs while also increasing taxes....

 

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