Tue06182013

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G-8 leaders see worst over for world economy

Leaders of the Group of Eight nations say that the worst has passed for the global economy, an aide to UK Prime Minister David Cameron said after summit talks on promoting employment and growth.

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Obama says Iranian people want a ‘different direction’

WASHINGTON—President Barack Obama said on Monday that Iran’s election of a relatively moderate leader shows that the country’s people want to change course. But he stressed that Tehran still needs to show the international community that it’s not pursuing a nuclear weapon.

Read more: Obama says Iranian people want a ‘different direction’

Obama: Bernanke Fed term lasting ‘longer than he wanted’

PRESIDENT Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post “longer than he wanted,” one of the clearest signals the central bank chief will leave when his current term expires next year.

Read more: Obama: Bernanke Fed term lasting ‘longer than he wanted’


 

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