Today in Washington (April 15, 2009)Obama touts economic progress, but warns of hard times ahead
US President Barack Obama on Tuesday cautioned that the nationâs economic difficulties were not over, but said that there were signs of progress in battling the recession.
In a 45-minute speech at Georgetown University in Washington, DC, the president said that more action was needed to both repair the economy and enact sweeping new financial regulations.
Obama said: âBy no means are we out of the woods just yet. But from where we stand, for the very first time, we are beginning to see glimmers of hope.â
According to a Gallup poll released on Monday, some 71 percent of Americans say they are confident that Obama will manage the economy properly
White House rejects report of easing nuclear demands with Iran
The White House on Tuesday denied reports that President Barack Obama was considering dropping a key demand that Iran suspend all its nuclear work before entering into negotiations with the international community.
White House spokespers...