In his State of the Union speech, US President Barack Obama called for higher taxes on millionaires and strict regulations for financial institutions.

Obama defended his three years in office in his annual speech to Congress. He said that the many of the problems are due to several banks and that Congress that is not connected with the issues. He is proposing a complete overhaul to the tax code and new steps to address the US housing crisis.

He called for a "return to American values of fair play and shared responsibility."

On the occasion f world AIDS day, the US president Barack Obama has urged the global community to step up efforts to defeat the epidemic once and for all.

He also appealed to the US Congress, drug companies and state governments to re affirm their commitment to end the disease. "Make no mistake, we are winning this fight -- but the fight is not over, not by a long shot," Obama said while speaking at an event marking the day.

US president Barack Obama is expected to declare that this is "the beginning of the end" of AIDS on the occasion of the world's health day today as global efforts in combating has resulted in falling number of new infections.

Obama will be joined by Bill Clinton, who will participate in the event by phone and George W Bush, who will speak from the African nation of Tanzania alongside the country's President, Jakaya Kikwete.

Bali, Nov. 18 : Indian Prime Minister Dr. Manmohan Singh met United States President Barack Obama on the sidelines of the 19th Association of Southeast Asian Nations (ASEAN) Summit at Bali, Indonesia, on Friday, where both pitched for strengthening bilateral strategic ties and for enhanced cooperation at multilateral forums.

http://www.topnews.in/files/Barack-Obama 3.jpg" alt=" Pakistan must realise ''peaceful approach towards India in everybody''s interests'': Obama " title=" Pakistan must realise ''peaceful approach towards India in everybody''s interests'': Obama " width="145" height="145" align="left" />Washington, Oct 7 : The United States wants to make Islamabad realise that a peaceful approach towards India would be in everybody’s interests, and would help Pakistan actually develop, President Barack Obama has said.

Washington, Oct 7 : A new poll has shown that an overwhelming majority of Americans think that President Barack Obama should back Israel but are evenly split over how Obama has dealt with that country.

A Quinnipiac University poll showed 63 percent of respondents said Obama should support Israel and 20 percent held the contrary view, Politico reports.

Thirty nine percent of those surveyed said Obama supports Israel, while 40 percent disagreed with the view.

Washington, Oct 7 : A new poll has shown that a record high number of Americans disapprove of the way President Barack Obama is handling his job.

A Quinnipiac University poll showed that 55 percent of the respondents were dissatisfied with Obama’s performance, with just 41 percent approving.

Washington, Oct 7 : The United States will continue ‘intensive engagements’ with Pakistan at all levels, the State Department has said.

Washington, Oct 4 : US President Barack Obama has admitted that he is an "underdog," and that the faltering economy, which has been dragging on, could affect his chances of winning back his post in the 2012 polls.

On being asked if the issue of economic crisis would affect him during the 2012 presidential elections, Obama said "absolutely," adding: "I''m used to being the underdog. But at the end of the day people are going to ask -- who''s got a vision?" ABC News reports.

Washington, Oct 1: US President Barack Obama has said that Pakistan must “take care” of the Haqqani network, which, according to the US Treasury Department, is a Taliban-affiliated group of militants that operates from North Waziristan Agency.

Obama did not endorse the allegations made by Admiral Mike Mullen, the departing chairman of the US Joint Chiefs of Staff, that the Haqqani network was an arm of Pakistan’s intelligence service.

United Nations, Sep 22:  US President Barack Obama has reiterated his country's pledge to do everything it could to ensure the success of Japan's recovery from the triple disasters of earthquake, tsunami and nuclear leak.

Obama, who met Japanese Prime Minister Yoshihiko Noda on the sidelines of the UN General Assembly Wednesday, said he knew that the top concern of the prime minister was "rebuilding Japan in the aftermath of the horrific tsunami that occurred", Xinhua reported.

New York, Sept 21 : The Martha’s Vineyard home where President Barack Obama and his family have vacationed for the past three summers has been put on the market for a whopping 23.7 million dollars.

According to AOL, the nearly 29 acres of waterfront property includes two full-size homes and an equestrian facility with an eight-stall horse barn, the New York Daily News reported.

There’s also a pool, hot tub, par-3 golf hole, and tennis and basketball courts.

Washington, Sep 13 : President Barack Obama has suggested what he calls a "common-sense approach" of limiting tax deductions for the wealthy to pay most of the cost of his $447 billion jobs plan.

But his approach was immediately rejected by the opposition Republicans as unacceptable.

In a message accompanying the proposed legislation he sent to Congress Monday Obama said his proposal "is fully paid for".

Washington, Sep 11 : US President Barack Obama Saturday called for "heightened state of vigilance and preparedness" as the country commemorates the 10th anniversary of the Sep 11 terrorist attacks, Xinhua reported.

Obama made the remarks during a meeting Saturday morning with his national security team "to review ongoing efforts to mitigate potential terrorist threats as well as to review steps taken to enhance the nation's security posture leading into the 9/11 anniversary," the White House said in a statement late Saturday.

Washington, Sep 9 : US President Barack Obama launched his widely expected new job plan Thursday night at a joint session of the Congress to stimulate recovery and strengthen the country's struggling employment situation, Xinhua reported.

"Tonight we meet at an urgent time for our country," Obama said to the legislators. "We continue to face an economic crisis that has left millions of our neighbours jobless, and a political crisis that has made things worse."

The RISK was higher through recent sessions. The market is optimistic ahead of the speech of Barack Obama today, when he may announce a new $300 - $400 billion package to boost the economy and create jobs, after poor NFP numbers on Friday.

We are technical traders, not fundamental, so based on the wave structure; we believe this recovery is only temporary. We however, did not expect oil to trade so high, but regarding the 4h chart, move from August lows is still considered as corrective.

Raipur, Sep 6 : US President Barack Obama, President Pratibha Patil, Congress chief Sonia Gandhi and her son Rahul... amongst the several leaders whose photographs were found in a deserted Maoist camp in Chhattisgarh, police officials said Tuesday.

The photographs, also including those of Chief Minister Raman Singh and some ministers, were found pasted at a camp in a jungle area in Raipur district that was deserted by Maoists after a fierce 15-minute gun battle, officials at the police headquarters told IANS.

Washington, Aug 30 : A long lost uncle of President Barack Obama, arrested on suspicion of drunken driving, is being held without bail though he told police he planned to arrange bail through the White House.

Onyango Obama, 67, was arrested Aug 24 in Framingham, 32 km west of Boston, after police said he made a rolling stop through a stop sign and nearly caused a cruiser to strike his sport utility vehicle, various media reports said.

Washington, Aug 24 : US President Barack Obama held a conference call with top officials of his administration Tuesday following the 5.9-strong earthquake that hit the country's east coast in the afternoon.

The quake occurred at 1751 GMT and was described as "one of the largest earthquakes on the east coast".

Obama, who is on a vacation in Martha's Vineyard in the state of Massachusetts, asked to be regularly updated on the aftermath of the earthquake, RIA Novosti reported.

New Delhi, Nov. 7 : The Prime Minister, Dr. Manmohan Singh, and his wife, Gursharan Kaur, are expected to receive US President Barack Obama and U. S. First Lady Michelle Obama when they land here on Sunday afternoon.

Dr. Singh personally took the decision to go to the tarmac at the Air Force Station Palam, next to the Indira Gandhi International Airport to receive the Obamas’, who will arrive on Air Force One at 3.35 p. m.