China hits back at Obama over currency criticism

China hits back at Obama over currency criticism

China hits back at Obama over currency criticism

Posted: 04 Feb 2010 12:42 AM PST

BEIJING (Reuters) - China dismissed on Thursday U.S. threats it would get tough with Beijing on trade and currency to ensure American goods did not face a competitive disadvantage, saying its yuan currency was at a reasonable level.


Greek tax inspectors stage 24 hour strike

Posted: 03 Feb 2010 10:50 PM PST

Greek tax inspectors are staging a 24 hour strike, protesting at wage cuts demanded by the government as part of its austerity programme.


Obama vows to get tough with China on currency

Posted: 03 Feb 2010 11:15 PM PST

BEIJING/WASHINGTON (Reuters) - President Barack Obama vowed to "get much tougher" with China on trade and currency rules to ensure U.S. goods do not face a competitive disadvantage, adding to a range of issues weighing on relations.


Japan opposition vows to press ruling party kingpin

Posted: 03 Feb 2010 11:15 PM PST

TOKYO (Reuters) - Japan's main opposition party vowed on Thursday to keep up pressure on the government over a funding scandal ensnaring the ruling party's kingpin, suggesting it might stall budget debate in parliament if questions went unanswered.


Google, NSA may team up to probe cyberattacks - Post

Posted: 03 Feb 2010 10:12 PM PST

WASHINGTON (Reuters) - Internet search firm Google is finalizing a deal that would let the U.S. National Security Agency help it investigate a corporate espionage attack that may have originated in China, the Washington Post reported on Thursday.


UN considers further sanctions on Iran

Posted: 03 Feb 2010 09:26 PM PST

Western diplomats, at the United Nations, are circulating proposals for further sanctions to be imposed over the Iran's nuclear programme.


Changing China tied to rough ride with U.S.

Posted: 03 Feb 2010 09:41 PM PST

BEIJING (Reuters) - "Ride on a tiger and it's hard to climb down," goes a Chinese saying that is proving apt for Beijing's quarrels with Washington this year, when swollen ambitions at home are driving China on a harder tack abroad.


Health spending to get bigger share of U.S. economy

Posted: 03 Feb 2010 09:41 PM PST

WASHINGTON (Reuters) - U.S. health spending will grow faster than the overall economy this decade and by 2019 nearly 20 cents of every dollar spent in the United States will go for healthcare, U.S. government analysts said on Thursday.


TIMELINE - The obstacle course for U.S.-China ties in 2010

Posted: 03 Feb 2010 09:12 PM PST

Leaders will meet on a number of occasions, both at the bilateral level and at summits. Here is a timeline of significant dates this year:


China officials unimpressed by Obama yuan pressure

Posted: 03 Feb 2010 09:12 PM PST

BEIJING (Reuters) - Chinese officials reacted coolly on Thursday to a vow by President U.S. Barack Obama to get much tougher with China over the yuan's exchange rate, which Washington believes is artificially undervalued.


U.S. defends interrogation of airplane bomb suspect

Posted: 03 Feb 2010 08:12 PM PST

WASHINGTON (Reuters) - U.S. Attorney General Eric Holder on Wednesday rebuffed criticism that intelligence was lost by giving a lawyer and other legal rights to the Nigerian man accused of trying to blow up a U.S. airliner.


Decision expected Thursday on Americans held in Haiti

Posted: 03 Feb 2010 08:12 PM PST

PORT-AU-PRINCE (Reuters) - Haitian authorities will decide on Thursday whether to pursue a case against 10 American missionaries accused of illegally trying to take children out of the earthquake-hit country, a prosecutor said on Wednesday.


China postpones free trade talks with Taiwan

Posted: 03 Feb 2010 08:12 PM PST

TAIPEI (Reuters) - China has postponed a second round of free trade talks with Taiwan until after the Lunar New Year holiday and the Taiwanese side downplayed any political reason for the delay.


Iran says launches satellite rocket

Posted: 03 Feb 2010 06:17 PM PST

TEHRAN (Reuters) - Iran said on Wednesday it had launched a Kavoshgar-3 rocket capable of carrying a satellite, a move Washington described as a "provocative act".


China warns against Obama-Dalai Lama meeting

Posted: 03 Feb 2010 06:17 PM PST

BEIJING/WASHINGTON (Reuters) - China warned U.S. President Barack Obama on Wednesday that a meeting with the Dalai Lama would further erode ties between the two powers, already troubled by Washington's arms sales to Taiwan.


Bill Clinton to coordinate Haiti aid efforts

Posted: 03 Feb 2010 06:17 PM PST

UNITED NATIONS (Reuters) - The United Nations on Wednesday assigned former U.S. President Bill Clinton, now U.N. special envoy to Haiti, to coordinate international relief efforts in the earthquake-devastated country.


U.S. preacher says backs failed plane bombing -website

Posted: 03 Feb 2010 06:17 PM PST

DUBAI (Reuters) - A radical Muslim preacher linked to a gunman who ran amok at a U.S. army base, has said he supports the failed bombing of a U.S. plane but that he did not encourage the attack, according to Al Jazeera television's website.


U.S., Haiti holding talks on detained missionaries

Posted: 03 Feb 2010 05:41 PM PST

PORT-AU-PRINCE (Reuters) - The U.S. and Haitian governments are holding talks on the fate of 10 American missionaries accused of illegally trying to take children out of the quake-hit Caribbean country, U.S. Secretary of State Hillary Clinton said on Wednesday.


Obama keeps North Korea off terrorism sponsor list

Posted: 03 Feb 2010 05:41 PM PST

WASHINGTON (Reuters) - President Barack Obama said on Wednesday he had decided not to reinstate nuclear-armed North Korea to a list of countries that the United States considers state sponsors of terrorism.


Pentagon OKs plans to buy more armored vehicles

Posted: 03 Feb 2010 05:12 PM PST

WASHINGTON (Reuters) - The Pentagon's weapons chief has approved plans to buy more than 2,800 additional armored vehicles for use in Afghanistan, including 1,460 all-terrain versions made by Oshkosh Corp.


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