Tuesday, January 27, 2015   

Obama promises action on economic inequality
(01-29 12:33)

US President Barack Obama has promised to bypass a deadlocked Congress to tackle economic inequality in his annual State of the Union address.
He pledged to "take steps without legislation" wherever possible, announcing a rise in the minimum wage for new federal contract staff.
On Iran, he said he would veto any new sanctions that risked derailing talks.
The Democratic president is facing some of his lowest approval ratings since first taking office in 2009.
"Let's make this a year of action," Obama said.
Noting that inequality has deepened and upward mobility stalled, he would offer "a set of concrete, practical proposals to speed up growth, strengthen the middle class, and build new ladders of opportunity into the middle class".
Obama also said that business leaders around the world had declared that China is no longer the world's number one place to invest; America is. --RTHK
   
Other World breaking news:
At least two arrested in 'anti-jihadist' raid in France: security source (24 mins ago)
Taipei mayor apologizes to British minister over watch gaffe (27 mins ago)
New York shuts down as winter storm blasts US (01-27 12:33)
Inquiry begins into Russian ex-spy's radiation death (01-27 11:58)
Canada's first bird flu victim flew from Hong Kong (01-27 11:38)
US woman drowns puppy in toilet to get on plane: report (01-27 10:43)
Blizzard strikes US northeast (01-27 10:22)
Top Indonesian anti-graft official resigns amid row with police (01-26 18:39)
Germany warns of false hopes from Greek poll (01-26 18:36)
Anti-austerity Syriza storms to historic Greek victory (01-26 16:06)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.