Tags: Obama

  • Blog: Obama reiterates U.S. commitment to South Korea’s security

    U.S. President Barack Obama met with his South Korean counterpart Lee Myung-bak here on Tuesday, reiterating American commitment to the defense of South Korea, one of the closest allies of the United States.     Speaking to reporters after the talks, Obama said that nuclear and missile programs of the Democratic People’s Republic of Korea (DPRK) have [...]

  • Blog: Obama unveils most significant regulation of financial industry since Great Depression

    U.S. President Barack Obama Wednesday unveiled new “rules of the road” for the nation’s outdated financial system, the most significant regulatory transformation since the Great Depression in 1930s.     Under the plan, the government will make the Fed a systemic risk regulator to oversee large institutions whose failure could threaten the stability of the entire system. [...]

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