Obama highlights need for more clean-energy funding

President Obama turned his attention to the need for more clean-energy funding Monday, arguing that an expanded investment is needed to lay the foundation for long-term economic growth, cut dependence on foreign oil and slow the process of global warming. Obama, speaking to a group of renewable-energy company owners and investors, said the country has “known the right choice for a generation (and that) the time has come to make that choice.” In the years ahead, the United States “can remain the world’s leading importer of foreign oil, or we can become the world’s leading exporter of renewable energy,” Obama argued. “We can allow climate change to wreak unnatural havoc, or we can create jobs preventing its worse effects

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Bush and Obama Share One Thing: A Publisher

There’s a proud White House tradition of cashing in — er, signing lucrative book deals — on the way out the door. That includes not only Presidents but also first ladies, secretaries of state, speechwriters and so on, all the way down to the White House chefs. But the common wisdom in Manhattan publishing circles was that George W

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Zoellick slams ‘sugar high’ stimulus plans

The global economy will shrink up to 2 percent, and rapidly approved stimulus plans worldwide could spark another crash in financial markets, World Bank President Bob Zoellick projected at a forum in Belgium Saturday. Zoellick said the World Bank, an international institution that offers aid to developing nations, projects a global economic decline between 1 percent and 2 percent

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CIA chief arrives in Pakistan

Leon Panetta, director of the CIA, arrived in Pakistan on Saturday morning, a Pakistani Interior Ministry official said. Khamenei said a change in rhetoric is not enough, and Washington must practice what it preaches, according to the English-language Press TV channel in Iran. He also promised that Iran will change its policy if the United States does so as well, Press TV reported.

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Obama’s late-night slip teaches how words hurt

In a quick and clearly unscripted moment, President Obama exhibited the power of words during his history-making visit Thursday with Jay Leno. While joking on The Tonight Show about his bowling prowess (during last year’s campaign trail he shamefully scored 37 in a game), Obama said he’d been practicing at the White House lanes and boasted to Leno, “I bowled a 129. It’s like — it was like Special Olympics or something.” The comment during the taping of the show prompted Obama to pick up the phone on Air Force One and call Special Olympics Chairman Timothy Shriver to preemptively apologize for the remark before it hit television screens.

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For Obama, the Clock on Iran Is Ticking — But How Fast?

Iran’s ancient Persian New Year celebration is known as Nowruz, which literally means “new day”, and President Barack Obama marked the occasion on Friday with an unprecedented taped message to Iran’s leaders and its people offering “a new beginning” in relations between the U.S. and the Islamic Republic

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