The G20 summit in Seoul failed to deliver any agreement on cutting global 'currency imbalances' but hands more economic influence to emerging-market countries.
A potential free trade deal between the United States and South Korea stumbled Thursday over disputes on American beef and automobile exports to Asia's fourth-largest economy.
Obama will press for countries at the G20 summit to adopt measures for addressing trade imbalances. Also, the Obama administration recently stepped up talks with South Korea on modifying the free trade agreement with the US.
Israel publicized plans to build more than 1,300 new homes in East Jerusalem, angering Palestinians and disappointing the US on the eve of a Netanyahu visit.
The 2010 elections were tough on all Democrats, but particularly on female lawmakers. The upcoming 112th Congress may see fewer women in office on Capitol Hill than last session. Yet-to-decided races in the House and Senate will determine if that happens, but if it does, it would be the first time in 32 years that the number of women in Congress declines from one session to the next. What's already clear is that 10 women are not returning. Most of the congresswomen defeated Tuesday were House freshmen. Two had served multiple House terms, and one was a Senate veteran. Some lost to tea party favorites and conservatives backed by Sarah Palin, while others were bested by standard-issue Republicans. Here are the women, some familiar and some not, we will not see on Capitol Hill come January as a result of Election Day losses. Source: CNN, National Journal‚ Almanac of American Politics, Politico
The foreign policy front, including the issues of trade and arms control, could present opportunities for Obama to boost his standing with the US electorate. But pitfalls and challenges also loom.
The Kauffman Foundation surveyed 200 economics bloggers about the status of the economy and the recovery. Here's what they said.
Polls now show that Republicans will gain control of the House of Representatives. As President Obama campaigns for Democrats, he says he can work with the GOP after the Nov. 2 elections.
On Sunday talk shows, GOP chief Michael Steele and Democratic Party chairman Tim Kaine gave very different views of how next week's elections will turn out. Trying to buck up Democrats, President Obama has just dashed through five states.