Barack Obama
News and interviews on Barack Obama including trends, features, blogs and community conversations from an Australian business perspective.
Obama addresses Federal Parliament: Midday RoundupThursday, 17 November 2011
US President Barack Obama has praised the decades-long relationship between the United States and Australia in a speech to Federal Parliament, also flagging cuts to defence spending in his country. ...
Australia has desperate measures for desperate times
Tuesday, 09 August 2011
Like many of you, I was up early to get the latest news from the US markets. Suffice to say, I almost went straight back to bed. ...
The US dances closer to default: Maley
Wednesday, 06 April 2011
The US Government is embroiled in a vicious fight over budget cuts and investors are becoming increasingly agitated that a truce will not be reached in time to avert a partial shutdown of the government as early as Saturday. ...
Gillard holds firm on carbon tax despite poll results: Midday Roundup
Tuesday, 08 March 2011
Prime Minister Julia Gillard has confirmed the Government will continue on its path towards a carbon tax despite dropping in the polls. ...
Australia lacks Obama-style small business plan – Opposition
Wednesday, 02 February 2011
The Obama administration has unveiled a wide-ranging strategy for start-ups in the US, prompting the Federal Opposition to accuse the Government of lacking a similar plan for Australian small businesses. ...
Pace of economic growth slowing, Westpac index reveals: Economy Roundup
Thursday, 27 January 2011
The likely pace of economic growth over the next nine to 12 months has slowed, according to the latest Westpac-Melbourne Institute Index of Economy Activity. ...
Why Julia Gillard’s levy is completely unnecessary: Kohler
Thursday, 27 January 2011
The market seemed to like President Obama's State of the Union address, taking the Dow Jones above 12,000 this morning for the first time since before the collapse of Lehman Brothers in 2008. However, like Julia Gillard, he is heading off in the wrong direction. ...
China’s currency peace offering for the US: Maley
Friday, 14 January 2011
It's hardly coincidental that the Chinese currency, the yuan, has glided to a record high just days before Chinese President Hu Jintao is due to arrive in Washington for talks with US leader Barack Obama. ...
Why markets will be nervously watching America’s debt ceiling debate: Maley
Friday, 07 January 2011
Markets are set to be on edge in coming weeks as US lawmakers thrash out the highly politically-charged issue of increasing the US debt ceiling. ...
Welcome to America and China’s stimulus arms race: Kohler
Wednesday, 15 December 2010
The Aussie is back at parity and the Dow Jones is at a two-year high this morning because America and China are going flat out for growth. ...
Why global markets think tomorrow doesn’t matter: Kohler
Tuesday, 14 December 2010
Having forced austerity budgets on Europe, markets are now cheering American recklessness with its own budget and Chinese insouciance about inflation. ...
Warren Buffet says US won’t drop into double-dip recession
Wednesday, 15 September 2010
Investment guru and billionaire Warren Buffett has injected a shot of much-needed optimism into the American economy, telling a summit he is a "huge bull" regarding the country's current economic climate and does not expect a double-dip recession. ...
Obama announces $US50 billion in new spending to kick-start US economy
Tuesday, 07 September 2010
The Obama administration will spend $US50 billion over six years to construct and maintain roads and railways in a massive infrastructure project designed to kick-start the country’s economy and lower unemployment, which still remains at a shocking 9.6%. ...
Company profits up 19%, Shares jump 2% on US stimulus hopes: Economy Roundup
Monday, 30 August 2010
Gross operating profits increased by a seasonally adjusted 18.9% during the June quarter, according to the latest business indicators released by the Australian Bureau of Statistics. ...
Residential construction to stall in 2011: Economy Roundup
Monday, 28 June 2010
Residential construction will stall in 2011, according to new figures published by the Housing Industry Association. ...
BP agrees to $US20 billion compensation fund: Economy Roundup
Thursday, 17 June 2010
Oil giant BP has agreed to spend over $US20 billion in assisting the clean-up effort in the Gulf of Mexico, after some of the company's executives met with US president Barack Obama. ...
House prices up 0.6% in May, Economic growth set to slow: Economy Roundup
Wednesday, 16 June 2010
New figures from Residex show housing prices continued to grow by 0.6% in May, but clearance rates have continued to fall as demand softens. ...
BP buys “oil spill” adwords
Friday, 11 June 2010
Embattled oil giant BP has bought search terms and adwords specific to their oil spill for search engines like Google and Yahoo to improve their image in the wake of the worst oil spill in US history. ...
These debt timebombs will not be easy to diffuse: Kohler
Tuesday, 08 June 2010
Wall Street was a session for the bear market true believers last night. ...
Why the US and China are getting upset over debt: Maley
Thursday, 18 February 2010
As US President Barack Obama gets ready to meet the Dalai Lama later today, news comes that China has been vigorously selling US government debt. ...
