Saturday, November 22, 2014   

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:
Inmates rampage in Greek prison hospital (11-21 19:17)
6.9-magnitude quake hits eastern Indonesia, no tsunami alert (11-21 19:00)
Sri Lanka minister defects to challenge president (11-21 18:21)
Luxury car collection including 4 Rolls-Royces goes up in flames in Moscow (11-21 18:17)
Germans face caning for vandalism in Singapore (11-21 17:52)
UN blasts Thai junta for 'Hunger Games' detentions (11-21 17:17)
Britain's anti-EU UKIP take second seat in blow for Cameron (11-21 17:03)
Japan lower house dissolved ahead of election (11-21 16:24)
Singapore moves to regulate taxi booking apps (11-21 15:50)
Clashes as Mexicans hold rally for 43 missing students (11-21 15:49)

More breaking news >>

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