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Obama May Allow Air Defense Help For Syria Rebels


go here now He said the U.S. and Saudi Arabia have been working together closely to coordinate their assistance to the rebels. Rhodes said that coordination has helped put the U.S. relationship with Saudi Arabia "in a stronger place today than it was in the fall when we had some tactical differences about our Syria policy." "We are in a better place today than we were seven months ago," Rhodes said. Obama angered Saudi officials by scrapping plans to launch a military strike against Syria, choosing instead to back a plan to strip Syrian President Bashar Assad of his chemical weapons.
Source: http://hosted.ap.org/dynamic/s tories/M/ML_OBAMA?SITE=AP&SECT ION=HOME&TEMPLATE=DEFAULT

Obama, Francis Find Common Ground _ and Divisions

Obama arrived in Saudi Arabia on Friday evening for meetings with King Abdullah. Allowing manpads to be delivered to Syrian rebels would mark a shift in strategy for the U.S., which until this point has limited its lethal assistance to small weapons and ammunition, as well as humanitarian aid. The U.S. has been grappling for ways to boost the rebels, who have lost ground in recent months, allowing Syrian President Bashar Assad to regain a tighter grip on the war-torn nation. The actual manpad shipments could come from the Saudis, who have so far held off sending in the equipment because of U.S. opposition.
Source: http://www.huffingtonpost.com/ 2014/03/28/obama-syria_n_50501 16.html

IMF steps in "There are ways for us to hopefully influence Russian decision-making and one of the most important things we can do on that front is make sure that the Ukrainian government is stable, that its finances are stable, and their elections go forward as currently scheduled," Obama said, adding that "we are going to have to put a lot of resources and a lot of effort" to make all that happen. What is Russia"s next move? Senator: Sanctions won"t curb Putin President Obama meets the Pope While Renzi and other European leaders have pledged a unified response to any further Russian expansion efforts, questions remain about whether Germany, Britain and other nations with significant economic ties to Russia would join in threatened sanctions targeting major sectors of the Russian economy. The Obama administration has made the threat of such escalating sanctions the centerpiece of its efforts to get Russia to draw down tens of thousands of troops near the Ukraine border and negotiate with Kiev on territorial issues and ensuring the rights of ethnic Russians in Ukraine. Obama acknowledged Thursday that expanding sanctions to target Russia"s financial services, energy, mining, defense and engineering industries would impact U.S.
Source: http://www.cnn.com/2014/03/27/ politics/obama-europe/index.ht ml

President Obama, Pope Francis discuss the poor in meeting at Vatican

However, the Vatican left out any reference to inequality issues in its description of the meeting. In a written statement, church officials instead said discussions among not only the pope and president but also their top aides centered on questions of particular relevance for the church leaders in the U.S., making veiled references both to abortion and a contraception mandate in Obama"s health care law, which is under review by the Supreme Court. For Obama, the meeting with the pope marked a departure from the intense focus on the situation in Ukraine, which dominated his first three days in Europe. The president"s motorcade snaked through the narrow streets of Rome Thursday morning, passing thick crowds near the entrance to the Vatican. Obama and members of his delegation were joined by Vatican officials for a slow processional through the frescoed Clementine Hall, where Swiss Guards stood watch in their brightly colored uniforms designed by Michelangelo. Obama and Francis, two of the world"s most recognizable men, both appeared nervous as they shook hands before entering the Papal Library.
Source: http://abcnews.go.com/Internat ional/wireStory/white-house-no tebook-obama-meets-holiness-23 082253

Obama and Pope Francis Meet in Rome

"He"s shining a spotlight on an area that"s an increasing concern." The president arrived at the Vatican Thursday morning, stepping out of a black sport-utility vehicle adorned with American and Vatican City flags into the chilly San Damaso Courtyard at the papal residence. He was greeted by Archbishop Georg Ganswein, the head of the papal residence, and shook hands with a line of Vatican officials before inspecting a cordon of Swiss Guards standing at attention in the courtyard. "It is a great honor," Mr. Obama said upon meeting the pope, who was seated across from the president at his plain wooden desk. "I"m a great admirer." At the end of the meeting, when the pair exchanged gifts, Pope Francis gave Mr.
Source: http://online.wsj.com/news/art icles/SB1000142405270230468810 4579464884228860904

Obama Invites Pope Francis to Visit the US

Its the lack of empathy that makes it very easy for us to plunge into wars. Its the lack of empathy that allows us to ignore the homeless on the streets. Obviously, central to my Christian faith is a belief in treating others as I would have them treat me. What I think has created so much love and excitement for his Holiness has been that he seems to live this and shows that joy continuously, added Obama. The president said they did not discuss social schisms, explaining, I think his Holiness and the Vatican have been clear about their position on a range of issues. Some of them I differ with. Most I hardly agree with. Asked about their relationship going forward, the president said: I dont think that his Holiness envisions entering into a partnership of coalition with any political figure on any issue.
Source: http://abcnews.go.com/blogs/po litics/2014/03/obama-invites-p ope-francis-to-visit-the-u-s/

Obama warns against over-promising on Ukraine response

The president introduced himself to Francis as a great admirer. (Pablo Martinez Monsivais / Associated Press / March 27, 2014) Also By Kathleen Hennessey March 27, 2014, 5:49 p.m. VATICAN CITY President Obama visited Pope Francis for the first time Thursday, a meeting the White House hoped would amplify the two men"s shared concern about economic inequality rather than the president"s conflicts with the Roman Catholic Church hierarchy at home. Obama introduced himself to Francis as a "great admirer." The pope has become internationally popular as he has shed some of the lavish trappings of the papacy and focused his teachings on caring for the poor. Obama has sought to borrow some of that goodwill for the new pope to help promote his own effort to reduce income inequality in the United States. The president said later that much of the 52-minute meeting at the Vatican was consumed by a discussion of "the poor, the marginalized, those without opportunity, and growing inequality," as well as "the challenges of conflict and how elusive peace is around the world," particularly in the Middle East.
Source: http://www.latimes.com/world/e urope/la-fg-obama-pope-2014032 8,0,4912855.story

Stock Market Live: Sensex Struggles Near 22000; Capital Goods Stocks Rise


Asian Stock Markets Muted

Stock alert: Shriram Transport gained as much as 8.7 per cent today on expectations of a recovery in the commercial vehicle market. Crisil says it is expecting a bottoming out of the CV cycle and modest recovery in 2HFY15. 2:10 p.m. Stock alert: BHEL leads the rally in capital goods stocks today.
Source: http://profit.ndtv.com/news/ma rket/article-stock-market-live -sensex-struggles-near-22000-c apital-goods-stocks-rise-38368 8

Goldman Sachs Endorses IEX Stock Market Built to Fight Predators

Alas, "we" must not "lose face", so we are eagerly shooting ourselves in the foot. Moreover, anyone au fait with history should be aware that these tensions vastly increase long term political risk. Most Russians see things in a completely different light from the picture presented in the Western media. Don"t be misled by the fact that our media like to quote Putin"s political opponents a lot they enjoy no broad political support, in fact they are a small minority. The media in Russia also report on events in a lopsided manner of course, and partly the views of the average Russian are influenced by that fact (don"t forget though that the Russians are people who were for many decades quite cynical about their press).
Source: http://seekingalpha.com/articl e/2105593-stock-market-dispens es-another-warning-shot

Is the Stock Market About to Go Totally '90s?

Closer to home, news is breaking on several stocks that could see heavy trading in today"s session, including Apple (NASDAQ: AAPL ) , Lions Gate (NYSE: LGF ) , and Cisco Systems (NASDAQ: CSCO ) . The current Apple TV offering. Image source: continue Apple. Apple is dominating headlines this morning after The Wall Street Journal detailed talks between the tech giant and Comcast (NASDAQ: CMCSA ) aimed at creating a service that changes the way TV is delivered to consumers.
Source: http://www.fool.com/investing/ general/2014/03/24/stock-marke t-today-apples-play-to-revolut ionize-tv.aspx

Stock Market Dispenses Another Warning Shot

The average number of shares changing hands daily on IEX increased to 14.7 million in February from 9.1 million in January, according to its website . The March average was 18.1 million earlier this week, IEX spokesman Gerald Lam said on March 19. Total U.S. daily volume this year is averaging 6.9 billion shares, according to data compiled by Bloomberg.
Source: http://www.bloomberg.com/news/ 2014-03-22/goldman-sachs-endor ses-iex-stock-market-built-to- fight-predators.html

Asian stock markets mostly higher

It is easy [for Europe] to do a positive surprise, more than it will be for the U.S. equity market, he said. Stocks in Asia showed a modest pullback, as investors continued to mull downbeat China manufacturing data from the weekend and a slightly disappointing Markit preliminary U.S. purchasing managers index. European stocks pushed higher, shrugging off soft German business-confidence data.
Source: http://articles.marketwatch.co m/story/stock-futures-up-ahead -of-confidence-housing-data-20 14-03-25?link=MW_story_popular

Stock Market Today: Apple's Play to Revolutionize TV and Lions Gate's New Franchise

Getty Images Enlarge Image As of the midday break at 0230 GMT in Tokyo, the Nikkei Stock Average was 1.8% higher as traders searched for bargains after steep selling last week pushed the index to a six-week low. In Korea, the Kospi was up 0.3%, while Shanghai added 0.4%, Hong Kongs Heng Seng index was up 1.1%, and Singapore rose 0.9%. Both the Australian ASX200 and the NZX50 were down 0.2%, while Indias Sensex was flat. Markets didnt seem greatly affected by preliminary HSBC China purchasers manufacturing index figures showing that activity continued to fall in March. The data hit an eight-month low of 48.1 in the month from 48.5 in February, missing expectations.
Source: http://www.marketwatch.com/sto ry/asian-stock-markets-mostly- higher-2014-03-24

Sahara submits fresh proposal to Supreme Court We spent and borrowed like mad and eased into fluffy college majors. Now, some on Wall Street are wondering if were about to replay some version of that 90s mix tape . Liz Ann Sonders of Schwab ( SCHW ) and Ed Yardeni of Yardeni Research have been discussing this theme of late with clients. The global economic scene is increasingly reminiscent of the 1990s, when the U.S. economy and stocks outperformed relative to the rest of the world, wrote Yardeni last week.
Source: http://www.businessweek.com/ar ticles/2014-03-21/is-the-stock -market-about-to-go-totally-90 s

U.S. stock futures higher despite data

In early European trading, Britain"s FTSE 100 was up 0.8 percent at 6,571.0 and Germany"s DAX rose 0.8 percent at 9,258.50. France"s CAC-40 climbed 0.9 percent at 4,314.48. Futures augured slightly higher opening on Wall Street, with S&P 500 futures up 0.1 percent at 1,851.90. Dow Jones industrial futures edged up 0.1 percent to 16,224. Japan"s Nikkei 225 closed 0.4 percent lower at 14,423.19.
Source: http://abcnews.go.com/Internat ional/wireStory/asia-stocks-ri se-stimulus-hopes-europe-23031 382

Obama To Spotlight Minimum Wage In Connecticut


The budget is not just about numbers, its about our values, Obama said at a Washington grade school yesterday as his fiscal 2015 plan was released. Its a roadmap for creating jobs in part through education, while it adheres to the spending levels agreed to by Congress, he said. Related: Obama Budget Sees FHA Avoiding a Taxpayer Subsidy in 2014 Obamas spending blueprint for the year starting Oct. 1 is a snapshot of his political priorities that often align with those of Democrats seeking re-election in November. It also emphasizes differences with congressional Republicans, who immediately rejected the Obama budget and probably will offer one of their own soon. Folks just arent taking it very seriously, because its not a very serious document, said Senate Minority Leader Mitch McConnell , a Kentucky Republican.
Source: http://www.bloomberg.com/news/ 2014-03-04/obama-sends-congres s-3-9-trillion-budget-to-boost -growth.html

Putin may have bested Obama on Ukraine

Politics & Government The Moscow-backed government sets a referendum on the decision within 10 days. Reuters40 mins ago RALEIGH, N.C. (AP) A U.S. Army general accused of sexual assault was set to plead guilty to three lesser charges Thursday in a move that his lawyer says will strengthen his position going into trial. Associated Press Pope very popular in U.S., but no "Francis effect": poll One year after his election, Pope Francis is "immensely popular among American Catholics," a survey said on Thursday, but there is no sign of a "Francis effect" inspiring more to attend Mass or do volunteer work. The Washington-based Pew Research Center said 85 percent of http://www.obamastudentloanfor giveness.net/ Catholics in the United States viewed the Argentine-born pontiff favorably, with 51 percent reporting a "very favourable" view of him, while only 4 percent expressed a negative opinion.
Source: http://news.yahoo.com/obama-ca lls-cameron-ukraine-081725399. html

(AP Photo/Manuel Balce Ceneta, File) Americans who kept health plans that don"t comply with Obamacare requirements will be able to renew those policies for two more years, according to a person familiar with the matter. The Obama administration, which has been deliberating the issue since November, is expected to announce today the extension of the health plans, said the person, who asked not to be identified because the decision wasn"t yet public. Insurers sent letters to policyholders canceling the health plans as the new government exchanges opened Oct. 1. The letters caused a political headache for President Barack Obama , who had promised during the debate on the Patient Protection and Affordable Care Act that people who liked their health plans wouldn"t have to change them. About 2.6 million Americans received the cancellation notices, according to a study published March 3 by the journal Health Affairs.
Source: http://finance.yahoo.com/news/ obama-said-allow-two-renewal-1 72116299.html

Obama announced plans to appoint Richard Cordray as acting head of the Consumer Financial Protection Bureau in a recess appointment, bypassing Congress and setting up a bitter election-year legal showdown with Republicans. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images) Barack Obama President Barack Obama fist bumps service members after he addressed troops at Bagram Air Field, Afghanistan, Wednesday, May 2, 2012. (AP Photo/Charles Dharapak) US President Barack Obama (L) asks for a US President Barack Obama (L) asks for a fist bump from a young girl as he speaks with patrons outside the Kozy Corner restaurant in Oak Harbor, Ohio, July 5, 2012, where he made an unannounced visit to speak with supporters while on a bus tour of Ohio and Pennslyvania. AFP PHOTO/Jim Watson (Photo credit should read JIM WATSON/AFP/GettyImages) Obama Welcomes 2012 NCAA Women"s Basketball Champions To White House WASHINGTON, DC - JULY 18: U.S. President Barack Obama gives a fist bump to Baylor University basketball guard Terran Condrey while welcoming the 2012 NCAA Womens Basketball champions in the East Room of the White House July 18, 2012 in Washington, DC. The Baylor Lady Bears became the first NCAA basketball team to complete a 40-0 season by defeating Notre Dame 80-61 in the NCAA women"s championship.
Source: http://www.huffingtonpost.com/ 2014/03/05/obama-minimum-wage- connecticut_n_4903937.html

Obama Said to Allow Two-Year Renewal for Old Health Plans

Daley. Putin already knew that Obama had absolutely no executive experience before taking the most important executive job in the world. And that he charmed his way into the job. America, tired of war and fearful of a collapsing economy, reached for the president from Chicago in the way a drowning man reaches for a chunk of floating wood. But the Obama dossier would mention what many here have ignored about the president"s formative years: Obama challenged power only once.
Source: http://www.chicagotribune.com/ news/columnists/kass/ct-kass-m et-0305-20140305,0,4740329.col umn

Stocks Drop Most In Month As Crimea Fans Bond Gains; Corn Soars


Secretary of State John Kerry is traveling to Ukraine today and the United Nations Security Council will hold a meeting as western leaders seek to respond to Russia seizing control of the countrys Crimea region. Ukraine said Russias navy ordered two of its ships to surrender. Russias central bank unexpectedly raised its benchmark rate 150 basis points. Manufacturing gauges in China signaled slower growth, while a U.S.
Source: http://www.sfgate.com/business /bloomberg/article/Stocks-Drop -Most-in-Month-as-Crimea-Fans- Bond-5284871.php

US STOCKS-Wall St slides as Ukraine tensions escalate

Gold prices hit a four-month high as investors sought safe-haven assets, boosting gold great stock buys right now stocks. U.S.-traded AngloGold Ashanti shares gained 2.5 percent to $18.01. Though the focus will likely remain on Ukraine, the economic calendar was busy on Monday. U.S.
Source: http://www.reuters.com/article /2014/03/03/markets-usa-stocks -idUSL1N0M018620140303

Stocks fall on chaos in Ukraine

Frances CAC 40 was down 2.7% to 4,290.87. Tokyos Nikkei 225 index dropped 1.3% to 14,652.23 on Monday in Japan and Hong Kongs Hang Seng declined 1.5% to 22,500.67. Global markets are on edge after Russias move into Ukraines Russian-speaking Crimea injected a major bout of uncertainty into markets and raised fears of the conflict broadening. Over the weekend, Ukraines prime minister declared that his country is on the brink of disaster as Russias military advanced into the Crimea region and its troops blocked key naval and military bases.
Source: http://www.freep.com/article/2 0140303/BUSINESS07/303030084/S tocks-hit-by-Ukraine-chaos-Dow -off-more-than-200

Stocks hit by Ukraine chaos; Dow off more than 200

Gas prices jumped another 10 cents in Michigan in the past week to a statewide average of about $3.69 per gallon, AAA Michigan reported. The sell-off in foreign bourses was more pronounced in Europe, whose closer proximity to the latest shock epicenter caused investors to turn cautious and pare back risk. Russias benchmark stock index dropped 11% Monday, its biggest loss since November 2008, according to Bloomberg. Elsewhere across Europe bourses moved sharply lower.
Source: http://www.freep.com/article/2 0140303/BUSINESS07/303030084/S tocks-fall-chaos-Ukraine