The London Evening Post WO

In Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack Obama speak, there’s disappointment that he hasn’t kept his promise to close the military prison at Guantanamo Bay, and perceptions that he’s shunting blame for the financial crisis across the Atlantic. In Mogadishu, a former teacher wishes he had sent more economic assistance and fewer armed drones to fix Somalia’s problems. And many in the Middle East wonder what became of Obama’s vow, in a landmark 2009 speech at the University of Cairo, to forge a closer relationship with the Muslim world. In a world weary of war and economic crises, and concerned about … Continue reading →

President Barack Obama said Friday he was ploughing ahead with potential sanctions against countries that keep buying oil from Iran, including allies of the United States, in a deepening campaign to starve Iran of money for its disputed nuclear program. The world oil market is tight but deep enough to keep the squeeze on Iran, Obama ruled. The sanctions aim to further isolate Iran’s central bank, which processes nearly all of Iran’s oil purchases, from the global economy. Obama’s move clears the way for the U.S. to penalize foreign financial institutions that do oil business with Iran by barring them from having a U.S.-based affiliate or doing business here. Obama’s … Continue reading →